Trading Signals: LH Stock Price Prediction and Forecast

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

Mon. Jan. 25, 2021

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

( Laboratory Corporation of America Holdings)
LH latest price $225.4400 (-1.51%) ($223.3100 - $229.8300) on Mon. Jan. 25, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.74% (three month average)
RSI   78
Latest Price   $225.4400(-1.51%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   LH advances 0.2% a day on average for past five trading days.
Weekly Trend   LH advances 3.5% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support LH advance at 0% a week (0% probability)
IWD(49%)    SPLV(48%)    XLV(48%)    SPY(47%)    IVE(46%)
Factors Impacting LH price   LH will decline at least -0.87% in a week (0% probabilities).
VIXM(-28%)    UUP(-27%)    VXX(-10%)    TBT(-9%)    IGOV(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.87% (StdDev 1.74%)
Hourly BBV -1.6 ()
Intraday Trend -1.2%

Inflection Point   Yes
5 Day Moving Average   $227.69(-0.99%)
10 Day Moving Average   $224.19(0.56%)
20 Day Moving Average   $216.39(4.18%)
To recent high   -1.9%
To recent low   14.8%
Market Cap   $21.935b

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 4.41% (three month std-dev: 1.74%) daily (68% of days).

Sample size 46 Average positive next day return: 1.15%(57%) Average negative next day return: -1.41%(43%) Sample size 46 Average positive next three day return: 3.01%(54%) Average negative next three day return: -2.98%(46%) Sample size 46 Average positive next weekly return: 3.87%(57%) Average negative next weekly return: -2.66%(43%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210225

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_25_2021	200.71	216.39	224.19	227.69	227.91	227.55	225.44(-1.51%)	UD	OpenLong	65	-0.2	10	-10	-23	110	0.71	56%	0.25	65.5	1.74%	-1.6	0.9	78	0.8
2	Jan_22_2021	200.2	215.32	223.09	227.34	227.52	228.63	228.9(0.2%)	UT	HoldLong	65	0.2	76	40	50	155	0.61	56%	0.29	66.2	1.73%	0.3	1.4	84	1.5
3	Jan_21_2021	199.63	214.02	222	225.6	225.76	228.27	228.45(-0.64%)	UD	OpenLong	75	0.3	121	80	98	188	0.63	56%	0.27	61.3	1.73%	0.6	1.5	85	1.8
4	Jan_20_2021	199.09	212.81	220.83	223.92	223.73	226.4	229.91(1.85%)	UT	HoldLong	65	0.7	152	80	132	211	0.81	58%	0.29	59.5	1.74%	1.7	1.9	85	1.7
5	Jan_19_2021	198.51	211.5	218.72	221.98	221.93	223.25	225.74(0.91%)	UT	HoldLong	65	0.5	124	40	100	194	0.91	57%	0.37	58.9	1.75%	1.8	1.7	83	1.3

6	Jan_15_2021	197.78	210.31	216.68	220.23	220.3	221.06	223.71(1.59%)	UT	HoldLong	65	0.5	78	30	50	162	0.63	59%	0.26	55.5	1.78%	1.9	1.8	78	0.7
7	Jan_14_2021	197.27	209.18	214.7	218.2	218.73	220.6	220.2(0.06%)	UT	HoldLong	65	0.3	79	70	56	149	0.55	59%	0.21	51.6	1.77%	0.2	1.6	76	1.2
8	Jan_13_2021	196.85	208.41	212.89	217.82	217.31	219.54	220.06(-0.06%)	UD	OpenLong	75	0.3	105	60	87	159	0.66	59%	0.21	55.6	1.77%	0.6	1.7	76	1.4
9	Jan_12_2021	196.43	207.56	211.12	217.24	216.85	216.85	220.2(1.47%)	UT	OpenLong	75	0.5	105	-10	88	154	0.67	59%	0.21	64	1.77%	1.5	2.1	72	1.1
10	Jan_11_2021	196.01	206.7	209.31	214.95	215.33	215.09	217(1.62%)	UT	HoldLong	50	0.4	20	-0	-5	94	0.65	59%	0.19	66	1.77%	0.4	1.9	69	0.2

11	Jan_8_2021	195.63	206.17	207.95	212.53	213.45	216.86	213.55(-2.17%)	UD	OpenLong	75	0.2	101	120	96	116	0.86	59%	0.17	70.6	1.76%	-1.4	1.5	69	1.6
12	Jan_7_2021	195.3	205.58	206.97	210.53	210.57	215.58	218.29(0.52%)	UT	HoldLong	65	1.7	227	170	248	163	0.63	62%	0.18	67.3	1.74%	0.7	2.8	81	1.5
13	Jan_6_2021	194.94	204.72	205.37	207.17	206.47	210.05	217.15(4.01%)	UT	OpenLong	75	2.9	170	110	191	106	0.76	62%	0.16	62.5	1.74%	1.4	3.6	67	-0.4
14	Jan_5_2021	194.62	203.69	204.01	204.18	203.87	205.56	208.78(1.9%)	UT	OpenLong	75	2.5	94	50	109	47	0.63	61%	0.11	64.8	1.68%	1.7	2.7	59	-0.5
15	Jan_4_2021	194.4	203.19	203.57	202.93	202.6	202.9	204.88(0.65%)	UT	OpenLong	75	0.9	16	10	21	1	0.79	59%	0.1	39.6	1.7%	1.7	0.8	51	-1.6

16	Dec_31_2020	194.21	202.8	203.34	202.73	202.69	202.17	203.55(1.01%)	DP	OpenShort	-75	0.3	-15	-20	-13	-22	0.37	59%	0.08	29.7	1.7%	1.7	0.3	38	1.2
17	Dec_30_2020	194.05	202.58	203.2	202.83	203.17	202.3	201.51(-0.34%)	DT	OpenShort	-75	-0.5	-34	-20	-35	-31	0.4	59%	0.08	30.4	1.7%	-1.1	-0.4	50	1.3
18	Dec_29_2020	193.9	202.59	203.62	203.21	203.55	203.2	202.2(-0.16%)	DT	OpenShort	-75	-0.4	-31	-10	-34	-22	0.57	59%	0.08	39.3	1.7%	0.4	-0.1	52	0.2
19	Dec_28_2020	193.75	202.49	203.82	203.75	203.91	204.04	202.52(-0.66%)	UD	OpenLong	75	-0.4	5	10	3	9	0.82	61%	0.07	39.9	1.7%	0.4	0	62	1.2
20	Dec_24_2020	193.61	202.37	204	204.27	203.78	203.9	203.87(-0.09%)	UD	OpenLong	75	-0.1	12	-0	8	24	0.21	62%	0.05	47.1	1.71%	-2.4	0.5	61	1.3

21	Dec_23_2020	193.51	202.02	204.34	204.03	203.63	203.78	204.06(0.33%)	UT	OpenLong	75	0	18	-0	10	40	0.43	58%	0.05	37.5	1.71%	0.9	0.7	65	0.5
22	Dec_22_2020	193.41	201.76	204.19	203.62	203.37	203.66	203.39(-0.75%)	UD	OpenLong	75	-0.1	9	10	0	37	0.39	58%	0.04	25.3	1.77%	0.1	0.5	59	-0.7
23	Dec_21_2020	193.34	201.52	204.1	204.09	203.51	203.48	204.92(-0.09%)	UD	OpenLong	75	0.3	14	-10	3	45	0.58	58%	0.06	20.4	1.76%	1.5	1.1	55	-1.6
24	Dec_18_2020	193.22	201.38	203.39	203.93	204.03	203.09	205.11(1.19%)	N/A	N/A	0	0.4	-6	-30	-19	32	1.24	58%	0.06	24.3	1.76%	0.5	1.2	58	1.2
25	Dec_17_2020	193.11	201.05	202.79	203.74	204.45	203.54	202.69(0.36%)	N/A	N/A	0	-0.4	-39	-20	-57	14	0.68	58%		19.6	1.76%	-0.5	0.6	55	1.6
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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