Trading Signals: LH Stock Price Prediction and Forecast

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

Fri. Apr. 16, 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 $262.2000 (1.08%) ($256.7450 - $263.0800) on Fri. Apr. 16, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.62% (three month average)
RSI   68
Latest Price   $262.2000(1.08%)
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   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support LH advance at 0% a week (0% probability)
IWD(51%)    SPLV(51%)    IVE(49%)    SDY(49%)    SPY(49%)
Factors Impacting LH price   LH will decline at least -0.81% in a week (0% probabilities).
VIXM(-29%)    UUP(-29%)    VXX(-9%)    TBT(-9%)    USO(1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.81% (StdDev 1.62%)
Hourly BBV 1.7 ()
Intraday Trend 0.6%

5 Day Moving Average   $256.89(2.07%)
10 Day Moving Average   $254.97(2.84%)
20 Day Moving Average   $252.03(4.04%)
To recent high   0%
To recent low   22%
Market Cap   $25.512b

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 2.18% (three month std-dev: 1.62%) daily (68% of days).

Sample size 50 Average positive next day return: 1.38%(50%) Average negative next day return: -1.14%(50%) Sample size 50 Average positive next three day return: 2.22%(62%) Average negative next three day return: -1.95%(38%) Sample size 50 Average positive next weekly return: 3.55%(54%) Average negative next weekly return: -1.88%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210516

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	Apr_16_2021	228.18	252.03	254.97	256.89	256.88	258.95	262.2(1.08%)	UT	OpenLong	75	1	117	60	129	81	0.58	62%	0.16	80.7	1.62%	1.7	1.8	68	1.8
2	Apr_15_2021	227.82	250.91	253.95	255.4	255.67	255.74	259.41(2.48%)	UT	OpenLong	75	0.7	49	10	51	44	0.73	62%	0.29	75.5	1.63%	1.9	1.5	71	1.8
3	Apr_14_2021	227.16	249.89	253.43	253.92	254.87	254.8	253.12(-0.37%)	CR	SmallShort	-20	-0.1	-8	10	-15	12	0.64	60%	0.26	71.2	1.61%	-2.1	0.6	57	1.4
4	Apr_13_2021	226.58	249.21	253.48	253.76	254.36	255.6	254.05(-0.63%)	UD	OpenLong	75	0	44	40	41	54	0.55	60%	0.26	66.1	1.61%	-0	0.8	76	1.7
5	Apr_12_2021	226	248.52	253.24	253.32	253.37	254.94	255.66(0.36%)	UT	OpenLong	75	0.4	75	40	75	76	0.53	60%	0.25	62.8	1.61%	0.8	1.1	68	1.8

6	Apr_9_2021	225.44	247.68	252.94	252.72	252.56	253.12	254.75(1.08%)	UT	OpenLong	75	0.3	55	10	47	78	0.48	60%	0.26	60.7	1.61%	1.2	1.1	70	1.5
7	Apr_8_2021	224.85	246.81	252.33	252.31	252.37	251.8	252.02(-0.11%)	UD	OpenLong	65	-0	5	-20	-14	63	0.43	57%	0.25	60.1	1.62%	0.3	0.8	69	1.5
8	Apr_7_2021	224.29	245.88	252.19	252.91	252.64	252	252.3(0.17%)	N/A	N/A	0	-0.1	-19	-20	-49	71	0.42	57%	0.22	53.7	1.65%	-1.2	0.9	71	1.4
9	Apr_6_2021	223.79	245.22	250.97	253.16	253.71	252.94	251.87(-0.32%)	UD	OpenLong	65	-0.2	16	-10	-9	91	0.4	60%	0.22	53	1.65%	-0.8	1	70	1.2
10	Apr_5_2021	223.29	244.64	250.16	253.1	253.67	253.27	252.67(-0.01%)	UD	OpenLong	65	-0.1	2	-0	-26	87	0.42	62%	0.35	54	1.71%	-0.8	1.2	69	1.3

11	Apr_1_2021	222.51	243.88	248.97	253.14	253.12	254.49	252.7(-0.91%)	UD	OpenLong	75	-0.1	49	40	27	114	0.71	62%	0.23	53.4	1.71%	-1	1.3	70	1.3
12	Mar_31_2021	222	242.98	247.74	252.3	252.5	254.07	255.03(0.59%)	UT	OpenLong	75	0.4	116	50	107	144	0.72	62%	0.25	51.7	1.72%	1.2	1.9	75	1.2
13	Mar_30_2021	221.44	242.17	246.1	251.37	250.51	251.74	253.54(0.78%)	UT	HoldLong	65	0.4	68	20	49	125	0.61	62%	0.26	49.6	1.72%	2.2	2	78	1.2
14	Mar_29_2021	220.87	241.6	244.6	248.42	249.85	250.93	251.58(-0.5%)	UD	OpenLong	75	0.6	107	50	101	123	0.49	62%	0.18	36.7	1.72%	1.1	1.9	63	1
15	Mar_26_2021	220.48	241.04	243.39	246.73	247.23	249.29	252.85(1.76%)	UT	OpenLong	75	1.3	76	60	69	97	0.37	62%	0.18	29	1.71%	0.9	2.5	63	1.4

16	Mar_25_2021	220.08	240.32	241.9	244.2	244.83	248.77	248.48(-0.77%)	UD	OpenLong	75	1.1	139	120	148	111	1.08	61%	0.18	9.3	1.71%	0.5	2.1	62	1.1
17	Mar_24_2021	219.69	239.7	240.74	242.49	242.87	245.17	250.42(4.87%)	UT	OpenLong	75	2.2	163	70	179	113	1.53	61%	0.19	-10.7	1.72%	1.4	3	68	1
18	Mar_23_2021	219.28	239.31	238.92	240.16	240.41	240.89	238.78(-1.78%)	UD	OpenLong	75	-0.4	19	20	18	22	0.4	56%	0.15	-31.3	1.62%	-1.6	-0.2	49	1.1
19	Mar_22_2021	218.95	239.31	238.96	240.15	239.98	240.57	243.1(1.2%)	UT	OpenLong	75	0.9	31	20	34	22	0.43	59%	0.21	-15.4	1.6%	1.9	1	48	1.9
20	Mar_19_2021	218.5	239.69	238.64	239.51	239.39	239.93	240.22(0.12%)	UT	OpenLong	75	0.2	20	10	23	11	0.75	59%	0.2	-13.1	1.59%	1	0.2	48	1.6

21	Mar_18_2021	218.07	239.96	238.39	239.21	239.16	239.4	239.93(0.49%)	UT	OpenLong	75	0.2	27	10	33	9	0.57	59%	0.17	-3.4	1.6%	-0.9	-0	50	1.2
22	Mar_17_2021	217.7	240.09	237.9	238.68	238.43	238.86	238.76(0.01%)	N/A	N/A	0	0	14	10	20	-3	0.42	59%	0.16	9.5	1.6%	0.2	-0.4	54	2.1
23	Mar_16_2021	217.36	240.3	237.98	237.46	237.63	238.92	238.73(-0.5%)	N/A	N/A	0	0.3	25	40	37	-13	0.42	56%	0.18	19.7	1.6%	0.9	-0.4	43	1.9
24	Mar_15_2021	216.98	240.21	238.41	237.55	237.19	238	239.93(0.51%)	N/A	N/A	0	0.6	26	20	40	-17	0.53	56%	0.16	32.9	1.62%	1.3	-0.1	42	2.4
25	Mar_12_2021	216.64	240.14	238.52	237.68	237.77	236.33	238.71(0.6%)	DP	OpenShort	-75	0.3	-23	-40	-16	-42	0.5	56%		48.7	1.61%	0.2	-0.4	45	1.8
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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