| LIT latest price $76.9500 (1.34%) ($76.7100 - $77.7900) on Mon. Aug. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.29% (three month average) |
RSI | 75 |
Latest Price | $76.9500(1.34%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 0.4% a day on average for past five trading days. |
Weekly Trend | LIT advances 2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(89%) IDRV(81%) EEM(74%) DRIV(70%) IWM(70%) |
Factors Impacting LIT price | LIT will decline at least -1.145% in a week (0% probabilities). UUP(-19%) VIXM(-13%) TBT(-10%) VXX(-4%) EDOC(-3%) |
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 | -1.145% (StdDev 2.29%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.3% |
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