| LH latest price $199.0900 (3.29%) ($194.0550 - $202.3600) on Fri. Oct. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.39% (three month average) |
RSI | 76 |
Latest Price | $199.0900(3.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LH advances 0.4% a day on average for past five trading days. |
Weekly Trend | LH advances 2% a week on average for past two weeks. |
Market Behavior | Normal 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%) IWD(44%) SPY(44%) IBB(43%) |
Factors Impacting LH price | LH will decline at least -0.695% in a week (0% probabilities). UUP(-27%) VIXM(-24%) VXX(-10%) TBT(-9%) EDOC(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.695% (StdDev 1.39%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.3% |
| |
|
|