| LIT latest price $70.8700 (-2.28%) ($70.0000 - $72.9500) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.36% (three month average) |
RSI | 79 |
Latest Price | $70.8700(-2.28%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 2.6% a day on average for past five trading days. |
Weekly Trend | LIT advances 10.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(85%) IDRV(75%) DRIV(72%) EEM(72%) IWO(65%) |
Factors Impacting LIT price | LIT will decline at least -1.18% 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 | -1.18% (StdDev 2.36%) |
Hourly BBV | -0.5 () |
Intraday Trend | -2.8% |
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