| LH latest price $188.7500 (0.48%) ($186.1700 - $190.8700) on Wed. Jul. 15, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 95 |
Latest Price | $188.7500(0.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LH advances 1.6% a day on average for past five trading days. |
Weekly Trend | LH advances 5.5% 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 LH advance at 0% a week (0% probability) SPLV(47%) XLV(46%) SPY(44%) IBB(43%) IWD(43%) |
Factors Impacting LH price | LH will decline at least -1.36% in a week (0% probabilities). UUP(-27%) VIXM(-23%) VXX(-10%) TBT(-8%) IGOV(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.36% (StdDev 2.72%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.7% |
| |
|
|