| LIT latest price $61.4500 (1.3%) ($61.0200 - $61.7900) on Tue. May. 18, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.55% (three month average) |
RSI | 39 |
Latest Price | $61.4500(1.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 0.3% a day on average for past five trading days. |
Weekly Trend | LIT declines -2.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(87%) IDRV(76%) EEM(73%) DRIV(72%) IWO(66%) |
Factors Impacting LIT price | LIT will decline at least -1.275% in a week (0% probabilities). VIXM(-35%) UUP(-24%) VXX(-12%) IGOV(-5%) TLT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.275% (StdDev 2.55%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.4% |
| |
|
|