Trading Signals: LH Stock Price Prediction and Forecast

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Thu. Aug. 19, 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 $39.9900 (0.83%) ($39.6500 - $40.2200) on Thu. Aug. 19, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.47% (three month average)
RSI   56
Latest Price   $39.9900(0.83%)
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 0.2% 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(56%)    IWM(53%)    QQQ(49%)    XLY(49%)    XLK(48%)
Factors Impacting LH price   LH will decline at least -0.735% in a week (0% probabilities).
TLT(-16%)    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   -0.735% (StdDev 1.47%)
Hourly BBV 0 ()
Intraday Trend 0.7%

5 Day Moving Average   $39.45(1.37%)
10 Day Moving Average   $39.33(1.68%)
20 Day Moving Average   $39.33(1.68%)
To recent high   -5.8%
To recent low   8.7%
Market Cap   $3.891b

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 1.09% (three month std-dev: 1.47%) 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

> 20040919

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_19_2004	39.85	39.33	39.33	39.45			39.99(0.83%)	UT	OpenLong	75	1.3	6	-10000	4	11	0.52	53%	0.03	63.3	1.47%	0	1.5	56	0
2	Aug_18_2004	39.84	39.32	39.24	39.32			39.66(-0.25%)	N/A	N/A	0	0.5	-1	-10000	-2	2	0.76	55%	0.03	45.7	1.47%	0	0.5	55	0
3	Aug_17_2004	39.83	39.19	39.22	39.39			39.76(1.45%)	UT	OpenLong	75	0.5	5	-10000	3	12	1.18	55%	0	35.9	1.48%	0	0.8	55	0
4	Aug_16_2004	39.83	39.11	39.16	39.31			39.19(1.4%)	UT	OpenLong	75	-0.2	7	-10000	6	9	0.58	55%	0.03	31	1.47%	0	0.1	50	0
5	Aug_13_2004	39.82	39.07	39.18	39.14			38.65(-1.75%)	DT	OpenShort	-75	-0.7	-3	-10000	-1	-7	0.49	57%	0	23.5	1.46%	0	-0.6	39	0

6	Aug_12_2004	39.82	39.06	39.24	39.16			39.34(-1.67%)	DP	OpenShort	-65	0.2	-2	-10000	1	-12	0.59	59%	0	25.4	1.46%	0	0.4	44	0
7	Aug_11_2004	39.82	39.02	39.21	39.14			40.01(1.65%)	DP	OpenShort	-65	1.2	-2	-10000	4	-20	0.58	62%	0.05	25	1.45%	0	1.3	48	0
8	Aug_10_2004	39.8	38.94	39.12	39.03			39.36(2.63%)	DP	OpenShort	-75	0.5	-2	-10000	0	-6	0.83	57%	0.03	18.9	1.43%	0	0.6	73	0
9	Aug_9_2004	39.79	38.89	39.1	39.02			38.35(-1.03%)	N/A	N/A	0	-0.9	-5	-10000	-7	1	0.35	53%	0	14.6	1.42%	0	-0.7	56	0
10	Aug_6_2004	39.79	38.9	39.24	39.22			38.75(-1.25%)	UD	OpenLong	65	-0.7	5	-10000	-3	30	0.67	53%	0	16.8	1.42%	0	-0.2	56	0

11	Aug_5_2004	39.79	38.88	39.35	39.3			39.24(-0.58%)	UD	OpenLong	75	-0.1	14	-10000	1	51	0.5	53%	0.05	10.6	1.42%	0	0.5	57	0
12	Aug_4_2004	39.77	38.83	39.42	39.28			39.47(0.46%)	UT	OpenLong	75	0.3	19	-10000	3	67	0.77	53%	0.05	1.1	1.42%	0	0.9	59	0
13	Aug_3_2004	39.75	38.8	39.18	39.21			39.29(-0.15%)	UD	OpenLong	75	0.1	13	-10000	1	48	0.72	53%	0.03	-6.6	1.41%	0	0.7	58	0
14	Aug_2_2004	39.74	38.8	39.06	39.19			39.35(0.49%)	UT	HoldLong	50	0.2	8	-10000	-3	42	0.64	53%	0.05	-14.5	1.42%	0	0.8	59	0
15	Jul_30_2004	39.72	38.78	38.95	39.28			39.16(0.13%)	UD	OpenLong	65	-0.2	8	-10000	-5	47	0.6	53%	0.03	-18.8	1.43%	0	0.5	57	0

16	Jul_29_2004	39.71	38.8	38.89	39.41			39.11(-0.08%)	UD	OpenLong	65	-0.4	10	-10000	-6	57	0.72	53%	0.03	-18.1	1.43%	0	0.4	58	0
17	Jul_28_2004	39.7	38.82	38.82	39.58			39.14(-0.15%)	UD	OpenLong	75	-0.6	33	-10000	17	79	0.86	53%	0.03	-18.7	1.43%	0	0.4	58	0
18	Jul_27_2004	39.69	38.85	38.75	39.11			39.2(-1.53%)	UD	OpenLong	75	0.1	18	-10000	9	43	1.15	53%	0	-46.1	1.43%	0	0.4	52	0
19	Jul_26_2004	39.69	38.88	38.66	38.87			39.81(0%)	UT	HoldLong	50	1.1	14	-10000	11	24	0.74	56%	0.05	-63	1.42%	0	1.1	56	0
20	Jul_23_2004	39.67	38.91	38.51	38.57			39.81(-0.33%)	N/A	N/A	0	1.4	7	-10000	10	-4	1.07	52%	0	-77.5	1.42%	0	1	51	0

21	Jul_22_2004	39.67	38.94	38.34	38.3			39.94(8.53%)	N/A	N/A	0	1.7	-0	-10000	11	-34	2.95	52%	0.03	-88.1	1.44%	0	1.1	49	0
22	Jul_21_2004	39.66	38.96	38.16	37.99			36.8(-3.16%)	DT	HoldShort	-65	-1.2	-42	-10000	-18	-115	1.97	41%	-0.05	-95.8	0.96%	0	-2.1	11	0
23	Jul_20_2004	39.68	39.22	38.38	38.32			38(-0.78%)	DT	HoldShort	-65	-0.3	-27	-10000	-4	-97	0.78	47%	-0.03	-84.4	0.93%	0	-1.2	14	0
24	Jul_19_2004	39.69	39.42	38.48	38.39			38.3(-0.44%)	DT	HoldShort	-65	-0.1	-29	-10000	-2	-109	0.47	47%	-0.03	-71.4	0.93%	0	-0.9	14	0
25	Jul_16_2004	39.7	39.62	38.58	38.42			38.47(0.21%)	DP	OpenShort	-65	0	-29	-10000	2	-122	0.36	47%		-62.8	0.95%	0	-0.9	12	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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