| LH latest price $228.4500 (-0.64%) ($227.6100 - $230.7690) on Thu. Jan. 21, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 85 |
Latest Price | $228.4500(-0.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LH advances 0.8% a day on average for past five trading days. |
Weekly Trend | LH advances 4.3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(48%) XLV(48%) SPLV(47%) SPY(47%) IVE(46%) |
Factors Impacting LH price | LH will decline at least -0.865% in a week (0% probabilities). VIXM(-27%) UUP(-27%) VXX(-10%) TBT(-9%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.865% (StdDev 1.73%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.1% |
| |
|
|