| LH latest price $198.7600 (-0.65%) ($197.1700 - $201.8800) on Thu. Jul. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.48% (three month average) |
RSI | 91 |
Latest Price | $198.7600(-0.65%) |
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 | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LH advance at 0% a week (0% probability) SPLV(47%) XLV(46%) IBB(44%) SPY(44%) IWD(43%) |
Factors Impacting LH price | LH will decline at least -1.24% in a week (0% probabilities). UUP(-27%) VIXM(-25%) 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 | -1.24% (StdDev 2.48%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.3% |
| |
|
|