| LH latest price $252.3300 (-0.74%) ($250.3800 - $254.6900) on Thu. Jan. 12, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.92% (three month average) |
RSI | 86 |
Latest Price | $252.3300(-0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LH advances 1% a day on average for past five trading days. |
Weekly Trend | LH advances 3.4% 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) XLV(45%) IWD(44%) IVE(43%) SDY(42%) DIA(41%) |
Factors Impacting LH price | LH will decline at least -0.96% in a week (0% probabilities). VIXM(-22%) VXX(-15%) GLD(-10%) BND(-10%) BNDX(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.96% (StdDev 1.92%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.9% |
| |
|
|