Trading Signals: LH Stock Price Prediction and Forecast

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Thu. May. 8, 2003

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

( Laboratory Corporation of America Holdings)
LH latest price $30.0000 (-1.12%) ($29.9000 - $30.5200) on Thu. May. 8, 2003.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.1% (three month average)
RSI   74
Latest Price   $30.0000(-1.12%)
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 5.6% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support LH advance at 0% a week (0% probability)
SPY(54%)    IWM(51%)    QQQ(48%)    XLY(48%)    XLK(47%)
Factors Impacting LH price   LH will decline at least -1.05% in a week (0% probabilities).
TLT(-15%)    SHY(-6%)    REMX(-2%)    LQD(15%)    OIH(32%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.05% (StdDev 2.1%)
Hourly BBV 0 ()
Intraday Trend -1.2%

5 Day Moving Average   $30.3(-0.99%)
10 Day Moving Average   $29.46(1.83%)
20 Day Moving Average   $28.56(5.04%)
To recent high   -2.3%
To recent low   12.9%
Market Cap   $2.919b

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 4.69% (three month std-dev: 2.1%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20030608

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	May_8_2003	28.68	28.56	29.46	30.3			30(-1.12%)	UD	OpenLong	75	-0.2	42	-10000	2	162	0.85	50%	0.17	28.8	2.1%	0	1.1	74	0
2	May_7_2003	28.63	28.48	29.21	30.23			30.34(-1.17%)	UD	OpenLong	75	0.1	47	-10000	6	170	0.99	50%	0.25	25	2.12%	0	1.4	79	0
3	May_6_2003	28.56	28.38	28.94	30.05			30.7(0.85%)	UT	OpenLong	75	0.5	51	-10000	12	167	1.34	50%	0.32	19.9	2.15%	0	1.9	71	0
4	May_5_2003	28.47	28.29	28.53	29.66			30.44(1.4%)	UT	OpenLong	75	0.7	47	-10000	20	128	0.96	50%	0.28	0	2.19%	0	1.9	56	0
5	May_2_2003	28.39	28.2	28.2	29.03			30.02(1.32%)	UT	OpenLong	75	1	33	-10000	17	81	2.18	50%	0.28	0	2.22%	0	1.8	57	0

6	May_1_2003	28.31	28.18	27.89	28.49			29.63(0.58%)	UT	OpenLong	75	1.1	20	-10000	15	36	1.7	50%	0.21	0	2.26%	0	1.4	54	0
7	Apr_30_2003	28.25	28.16	27.57	28.03			29.46(2.4%)	N/A	N/A	0	1.4	7	-10000	11	-7	1.4	50%	0.21	0	2.31%	0	1.3	53	0
8	Apr_29_2003	28.19	28.14	27.35	27.67			28.77(5.42%)	N/A	N/A	0	1.1	1	-10000	13	-36	3.42	46%	0.11	0	2.31%	0	0.6	49	0
9	Apr_28_2003	28.16	28.14	27.34	27.25			27.29(0%)	N/A	N/A	0	0	0	-10000	0	0	0	31%	-0.18	0	1.96%	0	26.8	35	0
10	Apr_25_2003	28.21	28.14	27.45	27.24			27.29(-0.22%)	UD	OpenLong	75	0	2	-10000	2	1	0.44	31%	-0.18	0	2.01%	0	26.8	34	0

11	Apr_24_2003	28.26	28.14	27.57	27.18			27.35(-1.16%)	UD	OpenLong	75	0.2	4	-10000	5	2	1.43	31%	-0.21	0	2.07%	0	26.6	31	0
12	Apr_23_2003	28.32	28.14	27.69	27.03			27.67(3.79%)	UT	OpenLong	75	0.6	2	-10000	2	1	1.41	31%	-0.14	0	2.13%	0	26.9	36	0
13	Apr_22_2003	28.36	28.14	27.79	26.98			26.66(-2.17%)	DT	OpenShort	-75	-0.3	-15	-10000	-18	-7	2.73	16%	-0.42	0	1.88%	0	25.4	26	0
14	Apr_21_2003	28.48	28.14	28.03	27.44			27.25(1.04%)	DP	OpenShort	-75	-0.2	-9	-10000	-10	-4	0.98	19%	-0.35	0	1.9%	0	27.8	50	0
15	Apr_17_2003	28.58	28.14	28.22	27.7			26.97(1.47%)	DP	OpenShort	-75	-0.8	-10	-10000	-12	-5	1.48	19%	-0.45	0	1.92%	0	28.1	50	0

16	Apr_16_2003	28.71	28.14	28.51	28.03			26.58(-3.17%)	DT	OpenShort	-75	-1.7	-13	-10000	-15	-6	4.52	19%	-0.69	0	1.88%	0	30.6	50	0
17	Apr_15_2003	28.91	28.14	28.82	28.44			27.45(-5.21%)	DT	OpenShort	-75	-1.6	-9	-10000	-10	-4	4.45	24%	-0.48	0	1.83%	0	45	50	0
18	Apr_14_2003	29.05	28.14	29.03	28.69			28.96(1.44%)	DP	OpenShort	-75	0.6	-2	-10000	-2	-1	1.01	42%	-0.03	0	1.09%	0	69	50	0
19	Apr_11_2003	29.06	28.14	29.03	28.72			28.55(-0.17%)	DT	OpenShort	-75	-0.4	-8	-10000	-9	-4	0.84	26%	-0.24	0	0.98%	0	63.4	50	0
20	Apr_10_2003	29.13	28.14	29.03	28.84			28.6(-0.14%)	DT	OpenShort	-75	-0.6	-15	-10000	-17	-7	1.17	26%	-0.24	0	1.04%	0	66.5	50	0

21	Apr_9_2003	29.2	28.14	29.03	29.09			28.64(-0.21%)	DT	OpenShort	-75	-1.1	-9	-10000	-10	-4	1.48	26%	-0.34	0	1.12%	0	69.9	50	0
22	Apr_8_2003	29.3	28.14	29.03	29.26			28.7(-1.37%)	DT	OpenShort	-75	-1.5	-8	-10000	-9	-4	1.41	26%	-0.41	0	1.22%	0	77.6	50	0
23	Apr_7_2003	29.42	28.14	29.03	29.42			29.1(-0.14%)	UD	OpenLong	75	-1.1	327	-10000	385	154	1.1	36%	-0.27	0	1.28%	0	103.9	50	0
24	Apr_4_2003	29.5	28.14	29.03	23.6			29.14(-2.38%)	UD	OpenLong	75	22.2	379	-10000	446	178	1.52	36%	-0.37	0	1.47%	0	116.6	50	0
25	Apr_3_2003	29.61	28.14	29.03	17.77			29.85(1.08%)	UT	OpenLong	75	71.1	2048	-10000	2409	964	0.56	100%		0	0.42%	0	175.6	50	0
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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