| LIT latest price $66.3000 (7.13%) ($65.5000 - $66.7760) on Mon. Jan. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 85 |
Latest Price | $66.3000(7.13%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 2.3% a day on average for past five trading days. |
Weekly Trend | LIT advances 5.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(85%) IDRV(75%) EEM(72%) DRIV(71%) IWO(65%) |
Factors Impacting LIT price | LIT will decline at least -1.05% in a week (0% probabilities). VIXM(-35%) UUP(-25%) VXX(-14%) 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 | -1.05% (StdDev 2.1%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.2% |
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