| LH latest price $248.9700 (2.43%) ($242.0400 - $250.5200) on Fri. Nov. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 71 |
Latest Price | $248.9700(2.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LH advances 1.8% a day on average for past five trading days. |
Weekly Trend | LH advances 3.7% a week on average for past two weeks. |
Market Behavior | Growth 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(48%) SDY(47%) IVE(46%) IWM(45%) DIA(44%) |
Factors Impacting LH price | LH will decline at least -1.08% in a week (0% probabilities). UUP(-25%) TBT(-17%) VIXM(-6%) VXX(-5%) BNDX(-0%) |
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 | -1.08% (StdDev 2.16%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.3% |
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