Trading Signals: LH Stock Price Prediction and Forecast

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Thu. Nov. 4, 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 $47.1700 (1.77%) ($46.1300 - $47.3100) on Thu. Nov. 4, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.09% (three month average)
RSI   89
Latest Price   $47.1700(1.77%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   LH advances 1% a day on average for past five trading days.
Weekly Trend   LH advances 5.3% 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(50%)    XLY(49%)    XLK(48%)
Factors Impacting LH price   LH will decline at least -0.545% in a week (0% probabilities).
TLT(-16%)    SHY(-6%)    TIP(-2%)    REMX(-1%)    LQD(16%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.545% (StdDev 1.09%)
Hourly BBV 0 ()
Intraday Trend 1.7%

5 Day Moving Average   $46.2(2.1%)
10 Day Moving Average   $45.2(4.36%)
20 Day Moving Average   $43.67(8.01%)
To recent high   0%
To recent low   23%
Market Cap   $4.59b

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 4.17% (three month std-dev: 1.09%) 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

> 20041204

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	Nov_4_2004	41.26	43.67	45.2	46.2			47.17(1.77%)	UT	HoldLong	65	0.5	88	-10000	18	297	1.85	75%	0.12	41.2	1.09%	0	1.9	89	0
2	Nov_3_2004	41.21	43.46	44.76	45.75			46.35(1.07%)	UT	HoldLong	65	0.4	81	-10000	13	286	1.49	72%	0.12	38.1	1.08%	0	1.8	84	0
3	Nov_2_2004	41.16	43.32	44.27	45.44			45.86(0.11%)	UT	HoldLong	65	0.3	75	-10000	11	267	1.76	72%	0.1	37.3	1.07%	0	1.7	80	0
4	Nov_1_2004	41.12	43.19	43.81	45.18			45.81(0.02%)	UT	OpenLong	75	0.5	79	-10000	24	245	2.02	72%	0.12	35.3	1.07%	0	1.9	73	0
5	Oct_29_2004	41.07	43.05	43.4	44.61			45.8(1.98%)	UT	OpenLong	75	0.9	67	-10000	24	194	17.21	72%	0.1	26.6	1.07%	0	2.2	66	0

6	Oct_28_2004	41.03	42.93	42.94	44.05			44.91(0.25%)	UT	OpenLong	75	0.8	49	-10000	19	138	1.37	69%	0.07	16.2	1.05%	0	1.8	62	0
7	Oct_27_2004	41	42.85	42.61	43.61			44.8(0.54%)	UT	OpenLong	75	1.2	45	-10000	30	89	1.08	63%	0.07	5.4	1.05%	0	1.9	56	0
8	Oct_26_2004	40.97	42.77	42.29	42.93			44.56(3.63%)	UT	OpenLong	75	1.7	27	-10000	31	13	5.39	63%	0.07	-14.4	1.07%	0	1.9	51	0
9	Oct_25_2004	40.94	42.71	42.04	42.23			43(0%)	DP	OpenShort	-65	0.9	-8	-10000	12	-66	0.77	54%	0.02	-34.5	0.98%	0	0.3	43	0
10	Oct_22_2004	40.93	42.72	42.01	41.99			43(0.68%)	DP	OpenShort	-65	1.1	-11	-10000	16	-92	0.68	71%	0.05	-39.8	0.98%	0	0.3	44	0

11	Oct_21_2004	40.91	42.75	41.99	41.67			42.71(3.26%)	DP	OpenShort	-65	1.1	-17	-10000	7	-90	1	62%	0.02	-42.8	1.43%	0	-0	40	0
12	Oct_20_2004	40.9	42.8	42.04	41.46			41.36(0.63%)	DP	OpenShort	-75	-0.1	-29	-10000	-3	-108	0.72	57%	0	-40.6	1.44%	0	-1.5	23	0
13	Oct_19_2004	40.9	42.91	42.28	41.55			41.1(-1.6%)	DT	OpenShort	-75	-0.5	-32	-10000	-8	-103	0.95	57%	0	-33.5	1.44%	0	-2.1	26	0
14	Oct_18_2004	40.9	43.01	42.53	41.8			41.77(0.87%)	DP	OpenShort	-75	-0	-29	-10000	-8	-93	0.5	61%	0	-22	1.43%	0	-1.6	28	0
15	Oct_15_2004	40.9	43.08	42.7	42.04			41.41(-0.58%)	DT	OpenShort	-75	-0.9	-28	-10000	-10	-82	0.54	61%	0.02	-8.4	1.42%	0	-2.3	27	0

16	Oct_14_2004	40.89	43.14	42.94	42.35			41.65(-0.43%)	DT	OpenShort	-75	-1.1	-26	-10000	-12	-68	0.57	61%	0.02	7.8	1.42%	0	-2.3	26	0
17	Oct_13_2004	40.88	43.18	43.15	42.72			41.83(-1.23%)	DT	OpenShort	-75	-1.4	-22	-10000	-13	-50	0.61	61%	0.02	26.7	1.42%	0	-2.1	27	0
18	Oct_12_2004	40.87	43.2	43.32	43.12			42.35(-1.4%)	DT	OpenShort	-75	-1.2	-13	-10000	-8	-27	0.91	61%	0.05	45.9	1.41%	0	-1.3	38	0
19	Oct_11_2004	40.85	43.18	43.46	43.37			42.95(0%)	DT	HoldShort	-50	-0.6	-4	-10000	-3	-7	0.36	61%	0.07	56.9	1.4%	0	-0.3	52	0
20	Oct_8_2004	40.82	43.14	43.51	43.46			42.95(-1.26%)	CR	SmallShort	-20	-0.7	-4	-10000	-5	1	0.36	57%	0.1	58.8	1.4%	0	-0.3	52	0

21	Oct_7_2004	40.78	43.09	43.59	43.61			43.5(-0.82%)	UD	OpenLong	65	-0.1	4	-10000	-2	21	0.45	57%	0.1	59.2	1.4%	0	0.5	68	0
22	Oct_6_2004	40.74	43.01	43.61	43.66			43.86(0.64%)	UT	HoldLong	65	0.3	13	-10000	3	42	0.4	54%	0.12	58.2	1.4%	0	1.1	77	0
23	Oct_5_2004	40.69	42.91	43.57	43.56			43.58(0.37%)	UT	HoldLong	65	0	13	-10000	-0	51	0.56	54%	0.1	55	1.4%	0	0.8	76	0
24	Oct_4_2004	40.65	42.81	43.52	43.57			43.42(-0.64%)	UD	OpenLong	75	-0.2	16	-10000	0	63	0.44	54%	0.12	58.3	1.41%	0	0.7	77	0
25	Oct_1_2004	40.6	42.72	43.48	43.56			43.7(-0.05%)	UD	OpenLong	75	0.2	18	-10000	0	72	0.73	54%		60.8	1.42%	0	1.2	77	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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