| LIT latest price $86.4500 (0.93%) ($85.6700 - $86.6400) on Fri. Aug. 6, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 73 |
Latest Price | $86.4500(0.93%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 0.8% a day on average for past five trading days. |
Weekly Trend | LIT advances 3.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(87%) IDRV(78%) DRIV(74%) EEM(74%) IWO(67%) |
Factors Impacting LIT price | LIT will decline at least -0.985% in a week (0% probabilities). VIXM(-34%) UUP(-24%) VXX(-11%) TLT(-1%) TBT(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.985% (StdDev 1.97%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0.5% |
| |
|
|