| LIT latest price $69.5100 (-3.97%) ($69.3550 - $71.4800) on Wed. Nov. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 60 |
Latest Price | $69.5100(-3.97%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 0.7% a day on average for past five trading days. |
Weekly Trend | LIT advances 2.1% 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(89%) IDRV(83%) EEM(75%) DRIV(69%) IWM(69%) |
Factors Impacting LIT price | LIT will decline at least -1.025% in a week (0% probabilities). UUP(-10%) TBT(-7%) EDOC(-7%) VIXM(-6%) VXX(-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 | -1.025% (StdDev 2.05%) |
Hourly BBV | -1.6 () |
Intraday Trend | -2.7% |
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