Trading Signals: LH Stock Price Prediction and Forecast

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

Mon. Sep. 12, 2022

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

( Laboratory Corporation of America Holdings)
LH latest price $241.2700 (1.24%) ($238.3350 - $241.7000) on Mon. Sep. 12, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.67% (three month average)
RSI   45
Latest Price   $241.2700(1.24%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   LH advances 1.3% a day on average for past five trading days.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support LH advance at 0% a week (0% probability)
IWD(55%)    IVE(53%)    SDY(52%)    SPY(52%)    DIA(51%)
Factors Impacting LH price   LH will decline at least -0.835% in a week (0% probabilities).
UUP(-35%)    TBT(-18%)    VIXM(-16%)    VXX(-6%)    EDOC(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.835% (StdDev 1.67%)
Hourly BBV 1.2 ()
Intraday Trend 1.1%

5 Day Moving Average   $235.18(2.59%)
10 Day Moving Average   $231.45(4.24%)
20 Day Moving Average   $237.79(1.46%)
To recent high   -8%
To recent low   12.8%
Market Cap   $23.476b

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 4.59% (three month std-dev: 1.67%) daily (68% of days).

Sample size 10 Average positive next day return: 0.95%(50%) Average negative next day return: -0.87%(50%) Sample size 10 Average positive next three day return: 5.82%(60%) Average negative next three day return: -0.96%(40%) Sample size 10 Average positive next weekly return: 5.21%(70%) Average negative next weekly return: -1.78%(30%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20221012

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	Sep_12_2022	242.96	237.79	231.45	235.18	235.69	239.34	241.27(1.24%)	UT	OpenLong	75	0.6	133	110	156	63	0.41	55%	-0.12	-46.6	1.67%	1.2	0.3	45	0.9
2	Sep_9_2022	243.24	238.57	230.14	232.07	232.29	236.71	238.32(0.02%)	UT	OpenLong	75	0.5	159	140	202	28	0.45	49%	-0.16	-48.8	1.69%	1	-0	36	1
3	Sep_8_2022	243.63	239.49	229.84	229.83	229.32	232.03	238.27(2.73%)	RB	SmallLong	20	0.7	125	80	173	-20	0.79	46%	-0.17	-49	1.73%	1.4	-0.1	35	1.3
4	Sep_7_2022	244.04	240.44	229.16	227.23	227.05	227.86	231.94(2.58%)	N/A	N/A	0	0.4	9	20	51	-116	0.63	44%	-0.17	-50.4	1.75%	1.6	-0.6	26	1.3
5	Sep_6_2022	244.45	241.48	229.73	226.44	226.37	226.62	226.1(0.16%)	DP	OpenShort	-75	-0	-48	10	-6	-174	0.58	41%	-0.17	-52	1.73%	-0	-1.2	15	1.4

6	Sep_2_2022	244.87	242.99	231.38	227.16	227.12	226.24	225.74(-0.59%)	DT	HoldShort	-65	-0.1	-56	-30	-10	-193	0.38	40%	-0.18	-53.2	1.73%	-0.4	-1.3	14	1.6
7	Sep_1_2022	245.32	244.48	233.63	227.84	227.66	226.13	227.09(0.81%)	DP	OpenShort	-75	-0.1	-130	-50	-95	-235	0.39	40%	-0.17	-57.4	1.74%	-0.2	-1.4	15	1.5
8	Aug_31_2022	245.75	245.82	235.89	229.83	229.48	228.01	225.27(-1.2%)	DT	HoldShort	-65	-0.4	-114	-50	-77	-226	0.74	37%	-0.18	-56.7	1.74%	-1.3	-1.8	14	1.9
9	Aug_30_2022	246.19	247.28	238.66	231.34	231.54	229.2	228.01(-0.72%)	DT	HoldShort	-65	-0.3	-119	-70	-85	-219	0.5	37%	-0.19	-57.6	1.81%	-1	-1.8	14	2.1
10	Aug_29_2022	246.65	248.6	241.71	233.51	233.09	230.95	229.67(0.22%)	DP	OpenShort	-75	-0.4	-163	-70	-143	-221	0.41	37%	-0.2	-54.6	1.82%	-0.8	-1.9	28	2.2

11	Aug_26_2022	247.14	250.08	244.74	236.27	236.06	233.89	229.16(-3.33%)	DT	OpenShort	-75	-0.8	-127	-70	-108	-182	0.47	40%	-0.18	-46.2	1.86%	-2.7	-2.3	25	2
12	Aug_25_2022	247.58	251.79	247.82	240.3	239.39	235.24	237.06(1.83%)	DP	OpenShort	-75	-0.4	-160	-130	-156	-171	0.82	42%	-0.11	-32.3	1.83%	0	-1.9	32	1.2
13	Aug_24_2022	247.86	252.64	250.02	242.97	243.22	238.23	232.8(-2.53%)	DT	OpenShort	-75	-1.4	-218	-140	-231	-178	1	40%	-0.13	-23.6	1.81%	-1.3	-2.8	30	1.8
14	Aug_23_2022	248.19	253.61	252.78	247.07	247.21	243.55	238.85(-1.91%)	DT	OpenShort	-75	-1.4	-189	-100	-207	-134	0.71	42%	-0.1	-6.3	1.78%	-1.4	-2.6	34	2.1
15	Aug_22_2022	248.44	254.14	254.36	251.13	250.68	248.2	243.49(-2.33%)	DT	OpenShort	-75	-1.6	-129	-70	-145	-80	0.41	44%	-0.08	17.1	1.77%	-2.2	-2.2	39	1

16	Aug_19_2022	248.64	254.41	255.71	254.47	253.9	250.86	249.31(-0.44%)	DT	OpenShort	-75	-1.1	-100	-90	-117	-47	0.44	46%	-0.06	44.3	1.75%	-0.9	-1.1	37	-0
17	Aug_18_2022	248.79	254.33	256.34	256.49	256.36	253.15	250.42(-1.14%)	DT	OpenShort	-75	-1.3	-123	-90	-146	-52	0.47	44%	-0.08	59	1.76%	-0.9	-0.8	33	-0.7
18	Aug_17_2022	248.98	254.31	256.65	258.15	258.17	256.93	253.3(-2.26%)	DT	OpenShort	-75	-1	-81	-30	-101	-22	0.43	46%	-0.1	73.3	1.77%	-1.3	-0.2	53	-0.7
19	Aug_16_2022	249.23	253.96	256.67	259.31	259.4	259.57	259.15(-0.38%)	UD	OpenLong	75	-0	24	10	19	39	0.27	48%	-0.07	81.1	1.77%	-0.1	1	63	-1.2
20	Aug_15_2022	249.4	253.31	256.01	258.05	258.88	259.41	260.15(0.28%)	UT	OpenLong	75	0.4	35	20	32	42	0.3	48%	-0.06	73.8	1.77%	0.8	1.2	67	-1.5

21	Aug_12_2022	249.55	252.37	255.72	257.19	257.5	259.23	259.42(0.26%)	UT	OpenLong	75	0.4	43	50	40	53	0.43	50%	-0.05	69.6	1.77%	0.3	1.2	67	-2.2
22	Aug_11_2022	249.67	251.62	255.89	256.24	256.85	258.35	258.74(-0.14%)	UD	OpenLong	75	0.4	103	50	106	92	0.43	50%	-0.05	63.5	1.8%	0.1	1.2	67	-1.8
23	Aug_10_2022	249.8	250.72	255.25	254.97	255.12	255.78	259.11(2.48%)	UT	OpenLong	75	0.7	39	20	32	58	0.42	50%	-0.08	54	1.8%	1.5	1.4	62	-1.6
24	Aug_9_2022	249.99	249.78	254.3	253.7	254.27	255.36	252.85(-1.16%)	UD	OpenLong	75	-0.1	34	40	27	53	0.47	45%	-0.1	45.8	1.78%	-1.6	0.5	62	-1.2
25	Aug_8_2022	250.24	249.16	253.8	253.63	254.16	254.47	255.81(0.45%)	UT	OpenLong	75	0.4	44	10	39	58	0.39	45%		45.1	1.85%	0.7	1.1	64	-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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