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     Tue. Jan. 10, 2006

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

( Laboratory Corporation of America Holdings)

LH latest price $55.4000 (0.76%) ($54.4500 - $55.5500) on Tue. Jan. 10, 2006.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  0.99% (three month average)
RSI   66
Latest Price   $55.4000(0.76%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  LH advances 0.6% a day on average for past five trading days.
Weekly Trend  LH advances 0.8% 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%)    XLK(49%)    XLY(49%)  
Factors Impacting LH price  LH will decline at least -0.495% in a week (0% probabilities).
  TLT(-16%)    SHY(-6%)    TIP(-2%)    REMX(-1%)    GLD(2%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -0.495% (StdDev 0.99%)
Hourly BBV   0 ()
Intraday Trend   1.4%
  
 

  


5 Day Moving Average  $55(0.73%)
10 Day Moving Average  $54.52(1.61%)
20 Day Moving Average  $54.41(1.82%)
To recent high  0%
To recent low  16%
Market Cap  $5.39b
 
 
 
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 0.81% (three month std-dev: 0.99%) daily (68% of days).

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