| LH latest price $231.9400 (2.58%) ($226.1400 - $232.5400) on Wed. Sep. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 26 |
Latest Price | $231.9400(2.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LH advances 0.4% a day on average for past five trading days. |
Weekly Trend | LH declines -4% 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(55%) IVE(53%) DIA(52%) SDY(52%) SPY(52%) |
Factors Impacting LH price | LH will decline at least -0.875% in a week (0% probabilities). UUP(-34%) TBT(-18%) VIXM(-16%) VXX(-6%) UNG(6%) |
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 | -0.875% (StdDev 1.75%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.3% |
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