| LIT latest price $68.8400 (1.15%) ($68.4900 - $69.0900) on Thu. Jul. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.47% (three month average) |
RSI | 70 |
Latest Price | $68.8400(1.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LIT advances 1% a day on average for past five trading days. |
Weekly Trend | LIT advances 3.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LIT advance at 0% a week (0% probability) REMX(91%) IDRV(86%) EEM(74%) VWO(74%) ACES(73%) |
Factors Impacting LIT price | LIT will decline at least -0.735% in a week (0% probabilities). VXX(-47%) VIXM(-45%) UUP(-29%) TBT(-24%) IGOV(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.735% (StdDev 1.47%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.2% |
| |
|
|