| LIT latest price $76.9800 (-0.74%) ($76.8900 - $77.9800) on Thu. Mar. 31, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.38% (three month average) |
RSI | 71 |
Latest Price | $76.9800(-0.74%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 0.1% a day on average for past five trading days. |
Weekly Trend | LIT advances 4.4% 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(88%) IDRV(80%) EEM(76%) DRIV(73%) IWO(70%) |
Factors Impacting LIT price | LIT will decline at least -1.19% in a week (0% probabilities). VIXM(-25%) UUP(-23%) VXX(-6%) TBT(-3%) TLT(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.19% (StdDev 2.38%) |
Hourly BBV | 0.2 () |
Intraday Trend | -1% |
| |
|
|