| LH latest price $181.5900 (3.34%) ($176.6050 - $184.4500) on Thu. Sep. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 48 |
Latest Price | $181.5900(3.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LH advances 0.5% a day on average for past five trading days. |
Weekly Trend | LH declines -1% a week on average for past two weeks. |
Market Behavior | Broad based 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) SPLV(47%) XLV(46%) IWD(44%) SPY(44%) IBB(43%) |
Factors Impacting LH price | LH will decline at least -0.945% in a week (0% probabilities). UUP(-27%) VIXM(-24%) VXX(-10%) TBT(-8%) EDOC(-4%) |
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 | -0.945% (StdDev 1.89%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.6% |
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