| LH latest price $302.5900 (-2.2%) ($299.6250 - $311.2700) on Tue. Dec. 21, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 64 |
Latest Price | $302.5900(-2.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LH advances 0.5% a day on average for past five trading days. |
Weekly Trend | LH advances 3.1% a week on average for past two weeks. |
Market Behavior | Broad based 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(54%) IBB(53%) IVE(52%) SDY(52%) DIA(51%) |
Factors Impacting LH price | LH will decline at least -0.84% in a week (0% probabilities). UUP(-32%) VIXM(-28%) TBT(-13%) VXX(-8%) USO(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.84% (StdDev 1.68%) |
Hourly BBV | -1.4 () |
Intraday Trend | -2.4% |
| |
|
|