Trading Signals: LH Stock Price Prediction and Forecast

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

Fri. Jun. 20, 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 $30.3700 (2.05%) ($29.7800 - $30.7900) on Fri. Jun. 20, 2003.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.06% (three month average)
RSI   38
Latest Price   $30.3700(2.05%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   LH advances 1.4% a day on average for past five trading days.
Weekly Trend   LH declines -1.2% 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(55%)    IWM(52%)    QQQ(48%)    XLY(48%)    XLK(47%)
Factors Impacting LH price   LH will decline at least -1.03% 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   -1.03% (StdDev 2.06%)
Hourly BBV 0 ()
Intraday Trend 1.2%

5 Day Moving Average   $29.91(1.54%)
10 Day Moving Average   $29.42(3.23%)
20 Day Moving Average   $30.32(0.16%)
To recent high   -6%
To recent low   14.3%
Market Cap   $2.955b

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 4.45% (three month std-dev: 2.06%) 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

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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	Jun_20_2003	29.66	30.32	29.42	29.91			30.37(2.05%)	N/A	N/A	0	0.3	3	-10000	14	-29	1.35	47%	0.03	-25.2	2.06%	0	0	38	0
2	Jun_19_2003	29.65	30.36	29.21	29.49			29.76(-1.13%)	DP	OpenShort	-65	0.2	-18	-10000	6	-88	1.34	47%	0	-31.7	2.06%	0	-0.4	34	0
3	Jun_18_2003	29.65	30.44	29.29	29.3			30.1(0%)	DP	OpenShort	-65	0.6	-24	-10000	5	-112	1.4	47%	0.03	-33.8	2.07%	0	-0.2	35	0
4	Jun_17_2003	29.64	30.5	29.34	29.14			30.1(3.08%)	DP	OpenShort	-65	0.7	-29	-10000	6	-132	3.19	47%	0.03	-34.1	2.09%	0	-0.3	35	0
5	Jun_16_2003	29.63	30.55	29.5	28.95			29.2(3.18%)	DP	OpenShort	-65	0.2	-33	-10000	3	-142	2.05	44%	-0.03	-35.8	2.07%	0	-1	36	0

6	Jun_13_2003	29.64	30.66	29.77	28.86			28.3(-1.74%)	DT	OpenShort	-75	-0.4	-38	-10000	-1	-147	2.02	40%	-0.07	-34.3	2.04%	0	-1.7	28	0
7	Jun_12_2003	29.66	30.8	30.15	28.88			28.8(-1.74%)	DT	OpenShort	-75	-0.1	-46	-10000	-13	-144	1.9	40%	-0.07	-34.6	2.05%	0	-1.6	32	0
8	Jun_11_2003	29.68	30.91	30.49	29.26			29.31(0.51%)	DP	OpenShort	-75	0	-37	-10000	-10	-119	1.91	40%	-0.03	-27.6	2.05%	0	-1.4	35	0
9	Jun_10_2003	29.69	30.97	30.78	29.57			29.16(1.43%)	DP	OpenShort	-75	-0.4	-39	-10000	-19	-99	2.05	40%	-0.03	-22.7	2.07%	0	-1.7	33	0
10	Jun_9_2003	29.7	31.05	31.03	30.16			28.75(1.3%)	DP	OpenShort	-75	-1.4	-33	-10000	-21	-69	2.78	40%	-0.07	-8.8	2.08%	0	-2.3	32	0

11	Jun_6_2003	29.72	31.13	31.33	30.83			28.38(-7.62%)	DT	OpenShort	-75	-2.7	-26	-10000	-23	-36	9.78	40%	-0.1	11.1	2.1%	0	-3.1	25	0
12	Jun_5_2003	29.75	31.24	31.66	31.58			30.72(-0.42%)	N/A	N/A	0	-1.2	-4	-10000	-10	13	1.33	48%	0.07	47.3	1.79%	0	-0.7	52	0
13	Jun_4_2003	29.73	31.24	31.73	31.87			30.85(-3.89%)	UD	OpenLong	65	-1.4	2	-10000	-10	37	1.79	48%	0.1	63.6	1.81%	0	-0.5	58	0
14	Jun_3_2003	29.7	31.22	31.79	32.16			32.1(0%)	UD	OpenLong	65	-0.1	22	-10000	4	74	0	54%	0.17	88.3	1.72%	0	1.2	81	0
15	Jun_2_2003	29.65	31.14	31.69	32.04			32.1(-0.16%)	UD	OpenLong	75	0.1	23	-10000	5	75	1.23	54%	0.2	108	1.74%	0	1.4	80	0

16	May_30_2003	29.59	31.03	31.62	31.91			32.15(0%)	UT	HoldLong	50	0.3	25	-10000	6	82	2.59	54%	0.2	122.1	1.76%	0	1.6	83	0
17	May_29_2003	29.53	30.91	31.5	31.75			32.15(-0.46%)	UD	OpenLong	75	0.6	25	-10000	6	81	1.26	54%	0.24	130	1.78%	0	1.7	84	0
18	May_28_2003	29.46	30.77	31.34	31.57			32.3(2.54%)	UT	HoldLong	65	1	24	-10000	7	75	1.18	54%	0.24	136.4	1.8%	0	2.2	77	0
19	May_27_2003	29.39	30.6	31.15	31.37			31.5(0.1%)	UT	OpenLong	75	0.2	17	-10000	3	60	0.61	50%	0.2	139.7	1.78%	0	1.2	62	0
20	May_23_2003	29.33	30.4	31.04	31.37			31.47(0.51%)	UT	OpenLong	75	0.2	14	-10000	0	54	0.8	50%	0.2	86.5	1.81%	0	0.9	65	0

21	May_22_2003	29.27	30.2	30.9	31.29			31.31(0.06%)	UT	OpenLong	75	0	17	-10000	3	57	0.53	50%	0.17	81.1	1.83%	0	0.9	68	0
22	May_21_2003	29.22	30.01	30.78	31.2			31.29(-0.03%)	UD	OpenLong	75	0.1	18	-10000	5	56	0.53	50%	0.21	79.9	1.86%	0	1	72	0
23	May_20_2003	29.16	29.83	30.68	31.06			31.3(0.64%)	UT	OpenLong	75	0.2	19	-10000	6	58	0.75	50%	0.21	72	1.88%	0	1	74	0
24	May_19_2003	29.1	29.61	30.61	30.88			31.1(-1.11%)	UD	OpenLong	75	0.1	20	-10000	5	65	0.92	50%	0.21	60.2	1.91%	0	1	78	0
25	May_16_2003	29.04	29.42	30.54	30.73			31.45(1.88%)	UT	HoldLong	65	0.5	29	-10000	9	89	1.77	50%		54.2	1.93%	0	1.4	88	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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