| LIT latest price $70.0600 (-2.5%) ($69.8100 - $71.3000) on Wed. Nov. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 56 |
Latest Price | $70.0600(-2.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 0.2% a day on average for past five trading days. |
Weekly Trend | LIT advances 3.6% 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(83%) EEM(74%) IWO(70%) IWM(69%) |
Factors Impacting LIT price | LIT will decline at least -1.08% in a week (0% probabilities). TBT(-8%) UUP(-7%) VIXM(-5%) VXX(-3%) UNG(1%) |
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 | -1.08% (StdDev 2.16%) |
Hourly BBV | -1.5 () |
Intraday Trend | -1.5% |
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