| LH latest price $235.9600 (-2.22%) ($235.7300 - $243.7900) on Tue. Jun. 28, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.06% (three month average) |
RSI | 41 |
Latest Price | $235.9600(-2.22%) |
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 2.1% 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) IWD(57%) DIA(55%) IVE(55%) SDY(55%) SPY(55%) |
Factors Impacting LH price | LH will decline at least -1.03% in a week (0% probabilities). UUP(-33%) VIXM(-21%) TBT(-16%) VXX(-6%) UNG(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.03% (StdDev 2.06%) |
Hourly BBV | -2.7 () |
Intraday Trend | -3.2% |
| |
|
|