| LH latest price $196.8100 (0.68%) ($195.6100 - $197.8300) on Tue. Jul. 21, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.55% (three month average) |
RSI | 94 |
Latest Price | $196.8100(0.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LH advances 0.9% a day on average for past five trading days. |
Weekly Trend | LH advances 6.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock 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 -1.275% in a week (0% probabilities). UUP(-27%) VIXM(-23%) VXX(-10%) TBT(-8%) IYT(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.275% (StdDev 2.55%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0.5% |
| |
|
|