Trading Signals: LH Stock Price Prediction and Forecast

^ LH: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Aug. 7, 2020

Trading Signals: LH Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Wed. Sep. 27, 2023)

( Laboratory Corporation of America Holdings)
LH latest price $193.1100 (1.76%) ($189.1300 - $193.1300) on Fri. Aug. 7, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.03% (three month average)
RSI   47
Latest Price   $193.1100(1.76%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   LH declines -1.2% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support LH advance at 0% a week (0% probability)
SPLV(46%)    XLV(46%)    SPY(44%)    IBB(43%)    IWD(43%)
Factors Impacting LH price   LH will decline at least -1.015% in a week (0% probabilities).
UUP(-27%)    VIXM(-24%)    VXX(-10%)    TBT(-8%)    IGOV(-1%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.015% (StdDev 2.03%)
Hourly BBV 0.2 ()
Intraday Trend 2.1%

Inflection Point   Yes
Resistance Level   $193.92
5 Day Moving Average   $193.44(-0.17%)
10 Day Moving Average   $194.6(-0.77%)
20 Day Moving Average   $193.92(-0.42%)
To recent high   -4.1%
To recent low   22.9%
Market Cap   $18.79b

Laboratory Corp. of America Holdings is a clinical laboratory company. The firm engages in the provision of clinical laboratory and end-to-end drug development services. It operates through the following segments: LabCorp Diagnostics and Covance Drug Development. The LabCorp Diagnostics segment includes core testing as well as genomic and esoteric testing. The Covance Drug Development segment provides drug development solutions to companies in the pharmaceutical and biotechnology industries. The company was founded in 1971 and is headquartered in Burlington, NC.

$. LH price fluctuates within 3.43% (three month std-dev: 2.03%) daily (68% of days).

Sample size 1 Average positive next day return: 1.45%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -0.5%(100%) Sample size 1 Average positive next weekly return: 2.83%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200907

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_7_2020	165.32	193.92	194.6	193.44	193.01	191.29	193.11(1.76%)	DP	OpenShort	-75	-0	-58	-70	-58	-58	0.8	49%	0.49	71.1	2.03%	0.2	-0.1	47	1.6
2	Aug_6_2020	164.52	193.01	195.15	193.4	193.92	193.09	189.77(-1.94%)	DT	OpenShort	-75	-0.5	-52	-20	-52	-50	0.8	49%	0.51	62.2	2.02%	-1.7	-0.4	46	1.7
3	Aug_5_2020	163.68	192.3	196.08	194.41	194.32	194.74	193.52(-0.64%)	DT	HoldShort	-50	-0.1	-1	10	2	-9	0.59	49%	0.44	63.9	2.03%	-1.6	0.1	59	1.7
4	Aug_4_2020	162.97	191.43	196.73	194.63	194.07	194.75	194.77(-0.64%)	UD	OpenLong	75	0	12	20	12	12	0.47	49%	0.46	64	2.06%	0.1	0.4	64	1.6
5	Aug_3_2020	162.23	190.42	196.96	194.99	194.54	193.89	196.02(1.61%)	N/A	N/A	0	0.1	-6	-30	-13	17	0.52	49%	0.28	67	2.06%	1.2	0.6	67	1.3

6	Jul_31_2020	161.77	189.31	196.93	196.04	195.94	193.39	192.92(-0.99%)	CR	SmallShort	-20	-0.3	-48	-90	-73	26	0.63	49%	0.35	75	2.07%	-0.9	0.4	76	1.5
7	Jul_30_2020	161.2	188.25	197.09	197.21	197.55	195.19	194.84(0.12%)	N/A	N/A	0	-0.2	-57	-80	-95	56	0.75	49%	0.23	78.3	2.11%	-0.7	0.6	83	1.3
8	Jul_29_2020	160.83	186.92	196.74	197.99	198.49	198.48	194.61(-0.98%)	N/A	N/A	0	-0.3	-9	10	-46	103	1.04	49%	0.15	80.5	2.22%	-1.3	0.7	82	1.6
9	Jul_28_2020	160.59	185.55	196.26	199.08	199.15	199.91	196.54(-2.36%)	UD	OpenLong	75	-0.2	69	30	36	167	1.44	49%	0.13	81.7	2.23%	-1	0.9	82	1.5
10	Jul_27_2020	160.38	183.88	195.46	199.14	198.78	198.5	201.3(1.29%)	UT	HoldLong	65	0.2	60	-20	18	187	0.89	73%	0.14	77.7	2.21%	1	1.3	91	1.5

11	Jul_24_2020	160.16	181.92	193.25	197.97	198.04	198.39	198.74(-0.01%)	UT	HoldLong	50	0.1	41	10	-0	165	0.81	73%	0.07	75.1	2.47%	-0.2	1.3	91	1.2
12	Jul_23_2020	160.04	180.05	190.78	196.95	197.3	199.06	198.76(-0.65%)	TP	CloseLong	-10	0.1	87	70	54	187	0.68	73%	0.04	70.8	2.48%	0.6	1.4	91	1.3
13	Jul_22_2020	159.97	177.97	188.28	195.29	195.68	197.69	200.07(1.66%)	UT	HoldLong	65	0.4	108	80	79	196	0.8	73%	0.13	62.5	2.51%	0.8	1.7	95	1.8
14	Jul_21_2020	159.77	176.02	185.7	193.03	193.46	195.54	196.81(0.68%)	UT	HoldLong	65	0.3	96	80	66	187	0.58	73%	0.06	57	2.55%	-1.4	1.7	94	1.8
15	Jul_20_2020	159.68	174.37	183.31	191.23	191.57	193.67	195.48(0.95%)	UT	HoldLong	65	0.4	118	80	90	202	0.59	73%	0.13	54.9	2.55%	1.4	1.8	95	2.2

16	Jul_17_2020	159.48	172.64	180.97	187.79	188.96	191.39	193.65(1.68%)	UT	HoldLong	65	0.6	121	110	96	195	0.65	79%	0.07	48.3	2.57%	1.7	2	95	1.9
17	Jul_16_2020	159.37	171.28	178.57	183.6	185.43	189.47	190.45(0.9%)	UT	HoldLong	65	0.7	132	180	116	179	0.55	79%	0.04	44.3	2.7%	1	2.1	95	1.5
18	Jul_15_2020	159.3	170.15	176.19	180.13	181.15	186.53	188.75(0.48%)	UT	HoldLong	65	1.1	158	220	150	182	0.87	79%	0.03	36.1	2.72%	1.1	2.3	95	1.4
19	Jul_14_2020	159.25	169.27	173.87	177.27	177.15	181.4	187.84(5.37%)	UT	HoldLong	65	1.5	150	170	144	166	1.28	79%	0	27.4	2.74%	1.2	2.7	80	0.9
20	Jul_13_2020	159.25	168.29	171.23	174.33	174.52	175.77	178.26(3.23%)	UT	OpenLong	75	0.7	92	50	82	120	1.22	75%	-0.08	10.1	2.69%	0.9	1.8	68	0

21	Jul_10_2020	159.37	167.7	169.6	173.19	173.02	172.51	172.68(-0.25%)	UD	OpenLong	65	-0.1	9	-20	-13	74	0.56	71%	-0.1	-6.1	2.73%	-0.5	1	66	1.2
22	Jul_9_2020	159.53	167.24	168.5	172.71	173.05	173.33	173.12(-0.77%)	UD	OpenLong	75	0.1	26	20	10	73	0.62	71%	-0.11	-24.5	2.75%	-0.3	1.2	55	0.8
23	Jul_8_2020	159.7	167.26	166.95	171.49	172.24	173.53	174.46(0.77%)	UT	OpenLong	75	0.6	45	70	40	60	0.76	77%	-0.11	-34.4	2.79%	1.2	1.4	53	0.9
24	Jul_7_2020	159.87	167.38	165.68	169.82	170.38	172.78	173.12(0.31%)	UT	OpenLong	75	0.6	58	110	63	44	0.99	81%	0.09	-41.1	2.87%	1	1.1	47	0.7
25	Jul_6_2020	159.73	167.74	164.78	167.61	168.27	170.96	172.59(1.36%)	UT	OpenLong	75	0.8	72	120	85	31	0.67	86%		-42.4	2.94%	1.1	0.8	51	1.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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