Trading Signals: LH Stock Price Prediction and Forecast

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

Fri. Jul. 23, 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 $283.7700 (0.95%) ($281.9800 - $285.8200) on Fri. Jul. 23, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.05% (three month average)
RSI   59
Latest Price   $283.7700(0.95%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   LH advances 0.5% a day on average for past five trading days.
Weekly Trend   LH declines -0.1% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support LH advance at 0% a week (0% probability)
IWD(52%)    IBB(50%)    IVE(50%)    SDY(50%)    SPLV(50%)
Factors Impacting LH price   LH will decline at least -0.525% in a week (0% probabilities).
UUP(-30%)    VIXM(-29%)    VXX(-9%)    TBT(-9%)    IGOV(1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.525% (StdDev 1.05%)
Hourly BBV 1 ()
Intraday Trend 0.6%

5 Day Moving Average   $278.79(1.79%)
10 Day Moving Average   $278.61(1.85%)
20 Day Moving Average   $277.57(2.23%)
To recent high   0%
To recent low   9.8%
Market Cap   $27.611b

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 1.34% (three month std-dev: 1.05%) daily (68% of days).

Sample size 32 Average positive next day return: 1.1%(50%) Average negative next day return: -1.1%(50%) Sample size 32 Average positive next three day return: 1.85%(63%) Average negative next three day return: -2.24%(38%) Sample size 32 Average positive next weekly return: 2.43%(56%) Average negative next weekly return: -2.2%(44%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210823

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	Jul_23_2021	263.12	277.57	278.61	278.79	278.85	281.18	283.77(0.95%)	UT	OpenLong	75	1.3	200	60	236	92	0.63	53%	0.19	92.5	1.05%	1	1.7	59	-0.2
2	Jul_22_2021	262.62	276.66	278.25	277.33	276.65	277.76	281.1(1.3%)	UT	OpenLong	75	0.9	65	20	80	18	0.5	53%	0.16	76.3	1.05%	1.7	1	56	-0
3	Jul_21_2021	262.2	275.84	277.83	276.5	276.13	276.52	277.49(0.26%)	N/A	N/A	0	0.2	36	10	48	-2	0.5	50%	0.13	66.3	1.05%	0.6	0.3	55	0.7
4	Jul_20_2021	261.86	275.36	278.18	276.45	276.12	275.53	276.78(0.71%)	DP	OpenShort	-75	0.1	-26	-20	-27	-23	0.61	50%	0.14	68.8	1.05%	0.4	0.3	53	-0.5
5	Jul_19_2021	261.5	274.83	278.37	277.03	276.57	275.74	274.82(-0.59%)	DT	OpenShort	-75	-0.4	-79	-30	-96	-29	0.79	50%	0.14	72.5	1.05%	-1.4	-0	63	-2.8

6	Jul_16_2021	261.14	274.18	278.74	278.36	278.01	276.71	276.45(-0.18%)	CR	SmallShort	-20	-0.3	-52	-40	-75	16	1.49	50%	0.16	71.2	1.05%	0.4	0.4	70	0.3
7	Jul_15_2021	260.73	273.42	278.93	279.28	279.27	277.39	276.95(-0.1%)	CR	SmallShort	-20	-0.3	-76	-50	-113	36	0.62	55%	0.13	68.8	1.06%	-0.6	0.5	74	1
8	Jul_14_2021	260.4	272.58	278.87	279.32	280.04	279.31	277.24(-0.88%)	N/A	N/A	0	-0.3	-49	-10	-87	67	0.6	55%	0.12	64.8	1.1%	-1.1	0.6	75	1.6
9	Jul_13_2021	260.09	271.77	278.79	280.12	279.99	281.14	279.71(-0.63%)	UD	OpenLong	75	-0.1	53	30	24	141	0.4	55%	0.14	65.9	1.09%	-0.5	1	70	1.2
10	Jul_12_2021	259.73	270.78	277.9	279.89	279.82	280.76	281.47(0.16%)	UT	HoldLong	65	0.2	139	20	122	190	0.64	55%	0.14	62.4	1.09%	0.9	1.3	76	1.2

11	Jul_9_2021	259.37	269.63	276.54	279.19	278.75	278.84	281.03(1.41%)	UT	HoldLong	65	0.2	49	-0	13	155	0.4	55%	0.15	56.4	1.09%	1.7	1.4	80	1.1
12	Jul_8_2021	258.98	268.61	274.99	278.58	278.35	278.88	277.13(-1.47%)	UD	OpenLong	75	-0.2	54	10	17	163	0.44	52%	0.14	54.5	1.09%	-0.8	1.1	78	-0.1
13	Jul_7_2021	258.63	267.71	273.74	278.33	278.15	278.67	281.27(0.97%)	UT	HoldLong	65	0.4	110	10	79	201	0.59	56%	0.18	51.9	1.07%	2.1	1.8	87	1
14	Jul_6_2021	258.17	266.62	272.31	277.27	277.02	277.82	278.57(0.22%)	UT	HoldLong	65	0.2	85	20	48	196	0.56	56%	0.16	50.4	1.06%	0.6	1.7	81	0.9
15	Jul_2_2021	257.76	265.83	270.97	275.57	276.05	277.64	277.95(-0.01%)	UD	OpenLong	75	0.4	167	50	146	230	0.37	56%	0.16	41.7	1.06%	1	1.9	81	1.5

16	Jul_1_2021	257.35	265.17	269.21	273.43	273.75	276.23	277.99(0.78%)	UT	HoldLong	65	0.8	185	70	173	222	0.52	56%	0.19	28.7	1.06%	1.4	2.2	82	1.7
17	Jun_30_2021	256.85	264.46	267.4	270.83	271.2	274.47	275.85(-0.05%)	UD	OpenLong	75	1	236	90	241	220	0.56	56%	0.2	9.7	1.06%	0.8	2.3	73	1.5
18	Jun_29_2021	256.35	263.78	265.7	268.43	268.62	271.27	276(2.2%)	UT	OpenLong	75	1.8	215	70	225	186	0.72	56%	0.2	-16.5	1.07%	1.4	2.9	75	1.4
19	Jun_28_2021	255.84	263.09	264.07	266.69	266.57	267.94	270.06(1.06%)	UT	OpenLong	75	1	120	30	118	127	0.62	51%	0.18	-46.7	1.04%	1.6	2.2	67	1.7
20	Jun_25_2021	255.39	263.21	263.01	265.75	266	265.97	267.24(0.85%)	UT	OpenLong	75	0.4	79	0	75	91	0.74	53%	0.17	-40.3	1.05%	0.6	1.1	54	2

21	Jun_24_2021	254.95	263.53	262.13	264.34	265.01	265.2	264.99(0.43%)	UT	OpenLong	75	0.1	8	10	1	30	0.56	61%	0.15	-37	1.05%	-0.2	0.3	45	1.7
22	Jun_23_2021	254.57	263.97	261.7	263.37	263.81	266.04	263.85(-1.3%)	UD	OpenLong	75	0.1	84	60	96	46	0.52	57%	0.12	-31	1.21%	-0.6	-0	46	1.7
23	Jun_22_2021	254.26	264.45	261.23	262.42	262.23	264.81	267.32(0.75%)	UT	OpenLong	75	0.9	155	70	185	65	0.55	60%	0.13	-27.6	1.22%	1.3	0.5	55	1.4
24	Jun_21_2021	253.93	264.6	260.48	261.04	260.47	261.57	265.33(1.98%)	UT	OpenLong	75	0.7	79	20	101	11	0.73	60%	0.15	-30.9	1.22%	2.3	0.1	52	0.6
25	Jun_18_2021	253.55	264.76	260.25	259.94	259.86	259.64	260.19(0%)	N/A	N/A	0	0	3	-10	21	-52	0.89	57%		-40.1	1.2%	0.5	-0.8	25	-0.2
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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