| LH latest price $232.1800 (0%) ($230.1400 - $232.5100) on Mon. Apr. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 72 |
Latest Price | $232.1800(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LH advances 0.2% a day on average for past five trading days. |
Weekly Trend | LH advances 3.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LH advance at 0% a week (0% probability) XLV(42%) IBB(34%) DIA(30%) IFRA(29%) IWD(29%) |
Factors Impacting LH price | LH will decline at least -0.725% in a week (0% probabilities). VXX(-24%) VIXM(-19%) BNDX(-15%) BND(-13%) BWX(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.725% (StdDev 1.45%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0.3% |
| |
|
|