| LH latest price $257.8300 (0.88%) ($254.0600 - $257.9200) on Mon. Jan. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 84 |
Latest Price | $257.8300(0.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LH advances 0.5% a day on average for past five trading days. |
Weekly Trend | LH advances 3.1% 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) XLV(46%) IWD(43%) IVE(42%) IWM(41%) SDY(41%) |
Factors Impacting LH price | LH will decline at least -0.95% in a week (0% probabilities). VIXM(-22%) VXX(-15%) BND(-14%) BNDX(-13%) TLT(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.95% (StdDev 1.9%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.8% |
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