Trading Signals: LH Stock Price Prediction and Forecast

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

Tue. Sep. 5, 2023

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

( Laboratory Corporation of America Holdings)
LH latest price $204.4500 (-1.03%) ($201.6450 - $205.5100) on Tue. Sep. 5, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.95% (three month average)
RSI   21
Latest Price   $204.4500(-1.03%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   LH declines -0.7% a day on average for past five trading days.
Weekly Trend   LH declines -1.5% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support LH advance at 0% a week (0% probability)
IVW(86%)    DIA(72%)    SPY(71%)    IVE(54%)    XLV(51%)
Factors Impacting LH price   LH will decline at least -0.975% in a week (0% probabilities).
USO(-51%)    VXX(-35%)    OIH(-27%)    VIXM(-25%)    TAN(-24%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.975% (StdDev 1.95%)
Hourly BBV -0.9 ()
Intraday Trend -0.8%

Resistance Level   $213.01
5 Day Moving Average   $208.56(-1.97%)
10 Day Moving Average   $210.76(-2.99%)
20 Day Moving Average   $213.01(-4.02%)
To recent high   -15.3%
To recent low   0%
Market Cap   $19.893b

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 1.61% (three month std-dev: 1.95%) daily (68% of days).

Sample size 50 Average positive next day return: 1.01%(42%) Average negative next day return: -1.05%(58%) Sample size 50 Average positive next three day return: 1.41%(48%) Average negative next three day return: -2.23%(52%) Sample size 50 Average positive next weekly return: 1.72%(48%) Average negative next weekly return: -2.55%(52%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231005

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_5_2023	219.53	213.01	210.76	208.56	208.74	206.11	204.45(-1.03%)	DT	HoldShort	-65	-1.2	-110	-90	-116	-93	0.86	29%	-0.17	-48.4	1.95%	-0.9	-2.5	21	1.7
2	Sep_1_2023	219.91	213.56	211.91	210.12	210.52	209.27	206.58(-0.73%)	DT	HoldShort	-65	-1.3	-75	-40	-77	-69	0.77	35%	-0.12	-44.5	1.95%	-1.6	-2.5	21	2.3
3	Aug_31_2023	220.17	214.02	212.73	211.24	211.67	211.36	208.1(-2.01%)	DT	HoldShort	-65	-1.4	-28	-0	-23	-44	0.84	35%	-0.1	-40.4	1.95%	-2.5	-2.7	23	2.3
4	Aug_30_2023	220.4	214.41	213.27	212.12	212.2	211.78	212.36(0.49%)	DP	OpenShort	-75	0.1	-20	-10	-15	-36	0.82	35%	-0.1	-39.8	1.93%	0.8	-1.2	47	2.2
5	Aug_29_2023	220.61	214.55	213.54	212.64	212.7	211.98	211.33(-0.43%)	DT	OpenShort	-75	-0.8	-36	-20	-34	-41	0.8	35%	-0.1	-42.5	1.94%	-1.7	-1.9	38	1.7

6	Aug_28_2023	220.83	214.69	214.02	213.33	213.64	212.63	212.24(0.02%)	DP	OpenShort	-75	-0.7	-34	-30	-34	-33	1.41	35%	-0.04	-58.9	1.96%	-1.3	-1.6	48	1.5
7	Aug_25_2023	220.92	214.79	214.58	214.01	214.34	213.42	212.19(-0.14%)	DT	OpenShort	-75	-1.2	-39	-30	-43	-27	0.51	35%	-0.09	-64.7	1.96%	-0.8	-1.8	46	0.2
8	Aug_24_2023	221.12	214.93	215.16	214.45	214.96	214.66	212.49(-1.14%)	DT	OpenShort	-75	-1.4	-14	-0	-15	-9	0.62	33%	-0.1	-76.6	1.97%	-1.6	-1.8	45	-0.6
9	Aug_23_2023	221.35	215.11	215.36	214.54	214.9	215.26	214.94(0.07%)	N/A	N/A	0	0.3	3	20	5	-2	0.63	33%	-0.07	-78.3	1.97%	-0.7	-0.1	50	0.5
10	Aug_22_2023	221.51	215.29	215.48	214.57	214.52	215.27	214.78(-0.39%)	UD	OpenLong	75	0.1	12	20	15	4	1.56	33%	-0.07	-53.8	1.97%	1.1	-0.3	50	-0.5

11	Aug_21_2023	221.67	215.61	215.42	214.85	214.66	214.54	215.63(0.56%)	UT	OpenLong	75	0.4	9	-10	11	4	0.59	33%	-0.07	-29.6	1.97%	1.6	0	56	-0.5
12	Aug_18_2023	221.82	215.75	215.3	215.32	215.08	213.76	214.43(0.72%)	DP	OpenShort	-75	-0.4	-37	-50	-45	-14	0.67	33%	-0.05	-9.7	1.97%	0.1	-0.6	53	-1.4
13	Aug_17_2023	221.93	215.98	215.4	216.03	216.14	214.78	212.9(-1.03%)	DT	OpenShort	-75	-1.4	-39	-40	-49	-9	0.91	33%	-0.04	12.3	1.97%	-1.5	-1.4	46	-2.3
14	Aug_16_2023	222.02	216.27	215.4	216.26	216.6	216.4	215.11(-0.49%)	N/A	N/A	0	-0.5	-20	-0	-27	1	0.97	30%	-0.03	30	1.97%	-1.4	-0.5	47	-1
15	Aug_15_2023	222.08	216.37	215.66	216.48	216.51	217.5	216.16(-0.84%)	UD	OpenLong	75	-0.1	23	30	24	19	0.99	30%	-0.01	39.6	1.99%	-0.4	-0.1	41	-0.8

16	Aug_14_2023	222.11	216.22	215.42	216.02	216.24	216.8	217.99(0%)	UT	HoldLong	50	0.8	45	20	54	17	0.86	30%	-0	33.9	1.99%	0.8	0.7	37	0.9
17	Aug_11_2023	222.12	215.96	214.99	215.3	215	215.52	218(1.86%)	DP	OpenShort	-65	1.1	-3	10	2	-16	0.74	29%	0.02	29.6	1.99%	1.1	0.8	47	0.2
18	Aug_10_2023	222.08	215.71	214.62	214.75	214.81	215.68	214.02(-1.02%)	N/A	N/A	0	-0.3	17	30	28	-16	0.76	29%	-0.01	31.1	1.98%	-0.4	-0.7	36	-0.6
19	Aug_9_2023	222.11	215.62	214.82	215	214.87	214.49	216.22(1.1%)	N/A	N/A	0	0.5	8	-10	18	-22	0.51	29%	-0.03	37.2	1.98%	1.2	0.2	42	-0.6
20	Aug_8_2023	222.17	215.48	215.02	214.74	214.68	213.94	213.87(-0.25%)	DT	OpenShort	-75	-0.3	-38	-20	-36	-44	0.38	29%	-0.01	39.7	1.98%	-0.4	-0.6	42	-0.7

21	Aug_7_2023	222.2	215.4	215.76	214.69	214.89	215.25	214.4(-0.39%)	DT	HoldShort	-50	-0.1	-2	10	4	-18	0.33	29%	0	41.8	1.98%	-1	-0.3	57	-0.6
22	Aug_4_2023	222.19	215.23	216.19	214.59	214.35	215.43	215.23(-0.01%)	N/A	N/A	0	0.2	22	30	29	-1	0.52	27%	-0.02	-6	1.98%	-0.1	0	59	-1.6
23	Aug_3_2023	222.23	214.92	216.57	214.48	213.94	214.53	215.26(0.15%)	UT	OpenLong	75	0.2	23	10	29	6	0.38	27%	-0.02	-48.1	1.99%	1.1	0.1	58	-0.7
24	Aug_2_2023	222.27	214.66	216.91	214.63	214.04	213.27	214.94(0.62%)	DP	OpenShort	-75	0.1	-10	-30	-13	-1	0.67	26%	-0.04	-79.8	1.99%	1.2	0.1	60	-0.7
25	Aug_1_2023	222.35	214.41	217.15	215.41	214.52	213.34	213.61(-0.15%)	DT	OpenShort	-75	-0.5	-56	-50	-70	-13	0.9	26%		-107	2%	0.1	-0.2	54	1.2
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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