Trading Signals: LH Stock Price Prediction and Forecast

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Thu. Jan. 22, 2004

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

( Laboratory Corporation of America Holdings)
LH latest price $40.8000 (0.25%) ($40.5500 - $41.2000) on Thu. Jan. 22, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.58% (three month average)
RSI   85
Latest Price   $40.8000(0.25%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   LH advances 0.3% a day on average for past five trading days.
Weekly Trend   LH advances 4.5% 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(49%)    XLK(48%)    XLY(48%)
Factors Impacting LH price   LH will decline at least -0.79% in a week (0% probabilities).
TLT(-15%)    SHY(-6%)    TIP(-2%)    REMX(-2%)    LQD(16%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.79% (StdDev 1.58%)
Hourly BBV 0 ()
Intraday Trend 0.6%

5 Day Moving Average   $40.74(0.15%)
10 Day Moving Average   $39.86(2.36%)
20 Day Moving Average   $38.37(6.33%)
To recent high   -0.4%
To recent low   33.8%
Market Cap   $3.97b

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 4.4% (three month std-dev: 1.58%) 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	Jan_22_2004	33.91	38.37	39.86	40.74			40.8(0.25%)	UT	HoldLong	65	0	45	-10000	3	172	0.66	87%	0.33	82	1.58%	0	1.4	85	0
2	Jan_21_2004	33.8	38.11	39.59	40.63			40.7(-0.66%)	UD	OpenLong	75	0	53	-10000	10	182	0.57	88%	0.3	80	1.58%	0	1.5	82	0
3	Jan_20_2004	33.7	37.86	39.25	40.32			40.97(0.59%)	UT	HoldLong	65	0.4	55	-10000	14	177	0.74	88%	0.33	75.7	1.6%	0	1.8	88	0
4	Jan_16_2004	33.59	37.59	38.85	39.86			40.73(0.57%)	UT	HoldLong	65	0.5	55	-10000	16	170	0.94	89%	0.33	72.4	1.59%	0	1.9	89	0
5	Jan_15_2004	33.48	37.3	38.51	39.35			40.5(0.6%)	UT	HoldLong	65	0.8	52	-10000	16	158	1.06	89%	0.33	68.2	1.61%	0	2.1	87	0

6	Jan_14_2004	33.37	37.03	38.14	38.85			40.26(2.84%)	UT	HoldLong	65	1	47	-10000	14	145	1.39	89%	0.3	62.4	1.62%	0	2.4	87	0
7	Jan_13_2004	33.27	36.79	37.81	38.4			39.15(1.27%)	UT	HoldLong	65	0.6	43	-10000	12	135	0.99	89%	0.27	59.2	1.61%	0	2	81	0
8	Jan_12_2004	33.18	36.62	37.53	38.02			38.66(1.31%)	UT	HoldLong	65	0.6	39	-10000	11	122	0.49	89%	0.27	54.6	1.62%	0	1.9	80	0
9	Jan_9_2004	33.09	36.46	37.24	37.68			38.16(0.42%)	UT	HoldLong	65	0.5	30	-10000	5	103	0.6	89%	0.21	49.2	1.61%	0	1.8	76	0
10	Jan_8_2004	33.02	36.31	37	37.53			38(-0.05%)	UD	OpenLong	75	0.5	32	-10000	7	105	0.81	89%	0.21	44.8	1.61%	0	1.9	80	0

11	Jan_7_2004	32.95	36.2	36.76	37.32			38.02(2.07%)	UT	OpenLong	75	0.8	29	-10000	6	98	0.8	89%	0.21	36.2	1.62%	0	2.2	75	0
12	Jan_6_2004	32.88	36.1	36.53	37.14			37.25(0.81%)	UT	OpenLong	75	0.2	27	-10000	6	91	0.59	85%	0.18	35	1.6%	0	1.6	64	0
13	Jan_5_2004	32.82	36.04	36.37	36.96			36.95(-1.28%)	UD	OpenLong	75	-0	27	-10000	8	82	0.6	85%	0.18	31.7	1.62%	0	1.4	61	0
14	Jan_2_2004	32.76	35.98	36.26	36.71			37.43(1.3%)	UT	OpenLong	75	1.2	26	-10000	11	71	0.62	85%	0.21	22.4	1.61%	0	2.4	68	0
15	Dec_31_2003	32.69	35.91	36.01	36.38			36.95(-0.4%)	UD	OpenLong	75	1.1	19	-10000	9	49	0.32	85%	0.18	11.5	1.61%	0	2.1	68	0

16	Dec_30_2003	32.63	35.9	35.84	36.11			37.1(1.98%)	UT	OpenLong	75	2.1	14	-10000	9	29	0.79	85%	0.18	5.2	1.6%	0	2.5	62	0
17	Dec_29_2003	32.57	35.85	35.69	35.85			36.38(1.93%)	UT	OpenLong	75	1.3	6	-10000	5	8	0.56	84%	0.15	-5.3	1.59%	0	1.3	49	0
18	Dec_26_2003	32.52	35.83	35.62	35.71			35.69(-0.22%)	DT	OpenShort	-75	-0.1	-2	-10000	-1	-6	0.16	83%	0.22	-11.6	1.59%	0	-0.4	43	0
19	Dec_24_2003	32.45	35.83	35.61	35.73			35.77(0.48%)	N/A	N/A	0	0.1	3	-10000	6	-6	0.19	83%	0.15	-9.8	1.59%	0	-0.2	46	0
20	Dec_23_2003	32.4	35.85	35.57	35.57			35.6(-0.56%)	DP	OpenShort	-65	0.1	-5	-10000	2	-25	0.29	79%	0.12	-21.4	1.6%	0	-0.6	42	0

21	Dec_22_2003	32.36	35.85	35.59	35.51			35.8(0.28%)	DP	OpenShort	-75	0.7	-10	-10000	0	-39	0.33	73%	0.15	-28.6	1.62%	0	-0.2	37	0
22	Dec_19_2003	32.31	35.87	35.63	35.5			35.7(-0.25%)	DT	OpenShort	-75	0.5	-11	-10000	-1	-40	0.34	74%	0.12	-26.8	1.68%	0	-0.4	42	0
23	Dec_18_2003	32.27	35.88	35.67	35.52			35.79(2.32%)	DP	OpenShort	-65	0.7	-9	-10000	1	-38	0.75	74%	0.09	-32.1	1.7%	0	-0.2	47	0
24	Dec_17_2003	32.24	35.89	35.69	35.49			34.98(-0.82%)	DT	OpenShort	-75	-1.3	-13	-10000	-3	-42	0.53	73%	0.09	-28.4	1.68%	0	-2.3	39	0
25	Dec_16_2003	32.21	35.94	35.82	35.57			35.27(-1.37%)	DT	OpenShort	-75	-0.9	-11	-10000	-3	-36	0.5	73%		-12	1.67%	0	-2	44	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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