| LIT latest price $59.7200 (1.39%) ($59.3000 - $59.9230) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.83% (three month average) |
RSI | 78 |
Latest Price | $59.7200(1.39%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 1.2% a day on average for past five trading days. |
Weekly Trend | LIT advances 3.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(85%) IDRV(74%) DRIV(71%) EEM(71%) IWO(65%) |
Factors Impacting LIT price | LIT will decline at least -0.915% in a week (0% probabilities). VIXM(-35%) UUP(-25%) VXX(-13%) EDOC(-2%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.915% (StdDev 1.83%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.3% |
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