| LH latest price $294.6600 (4.05%) ($284.2750 - $296.1000) on Thu. Jul. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.15% (three month average) |
RSI | 68 |
Latest Price | $294.6600(4.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LH advances 1% a day on average for past five trading days. |
Weekly Trend | LH advances 1.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LH advance at 0% a week (0% probability) IWD(52%) IBB(51%) SPLV(51%) IVE(50%) SDY(50%) |
Factors Impacting LH price | LH will decline at least -0.575% in a week (0% probabilities). UUP(-30%) VIXM(-29%) TBT(-10%) VXX(-9%) USO(1%) |
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 | -0.575% (StdDev 1.15%) |
Hourly BBV | 2.5 () |
Intraday Trend | 3.2% |
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