| LH latest price $200.0700 (1.66%) ($197.0550 - $200.6800) on Wed. Jul. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 95 |
Latest Price | $200.0700(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LH advances 1.2% a day on average for past five trading days. |
Weekly Trend | LH advances 6.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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%) SPY(44%) IBB(43%) IWD(43%) |
Factors Impacting LH price | LH will decline at least -1.255% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.255% (StdDev 2.51%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.3% |
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