| LIT latest price $69.5700 (-2.48%) ($68.3400 - $71.3100) on Wed. Jan. 6, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.29% (three month average) |
RSI | 81 |
Latest Price | $69.5700(-2.48%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 3.2% a day on average for past five trading days. |
Weekly Trend | LIT advances 8.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(75%) EEM(72%) DRIV(71%) IWO(65%) |
Factors Impacting LIT price | LIT will decline at least -1.145% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.145% (StdDev 2.29%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
| |
|
|