| LIT latest price $62.3100 (5.15%) ($60.7000 - $62.3500) on Wed. Dec. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 77 |
Latest Price | $62.3100(5.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 1.1% a day on average for past five trading days. |
Weekly Trend | LIT advances 4.7% a week on average for past two weeks. |
Market Behavior | Value stock 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(85%) IDRV(74%) DRIV(71%) EEM(71%) IWO(65%) |
Factors Impacting LIT price | LIT will decline at least -0.975% in a week (0% probabilities). VIXM(-35%) UUP(-25%) VXX(-13%) TBT(-1%) IGOV(-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 | -0.975% (StdDev 1.95%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.5% |
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