| LIT latest price $25.8000 (3.45%) ($25.2029 - $25.8200) on Fri. May. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.48% (three month average) |
RSI | 61 |
Latest Price | $25.8000(3.45%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 1.4% a day on average for past five trading days. |
Weekly Trend | LIT advances 2.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(84%) IDRV(75%) EEM(72%) IWO(65%) FIVG(64%) |
Factors Impacting LIT price | LIT will decline at least -2.24% in a week (0% probabilities). VIXM(-37%) UUP(-27%) VXX(-16%) TLT(-4%) SHY(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.24% (StdDev 4.48%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
| |
|
|