| LH latest price $250.4200 (4.87%) ($246.2100 - $254.9120) on Wed. Mar. 24, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 68 |
Latest Price | $250.4200(4.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LH advances 1% a day on average for past five trading days. |
Weekly Trend | LH advances 1.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LH advance at 0% a week (0% probability) IWD(50%) SPLV(50%) SPY(49%) XLV(49%) IVE(48%) |
Factors Impacting LH price | LH will decline at least -0.86% in a week (0% probabilities). VIXM(-28%) UUP(-28%) VXX(-9%) TBT(-9%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.86% (StdDev 1.72%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.2% |
| |
|
|