LABCORP HOLDINGS INC (LH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LH - US5049221055 - Common Stock
Overall LH gets a technical rating of 1 out of 10. LH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
LH has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
213.61
We found 4 important support areas.
- A support zone ranging from 246.63 to 248.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @241.34 from a horizontal line in the daily time frame.
- Support @234.50 from a trend line in the weekly time frame.
- A support zone ranging from 215.77 to 217.11. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 255.06 to 263.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @268.21 from a horizontal line in the daily time frame.
- Resistance @290.94 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for LH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LH is down. |
| ChartMill Relative Strength | 41.5 | NEUTRAL | LH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.32 | NEUTRAL | The RSI value for LH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests LH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.28 | OVERSOLD | The low Stochastics value suggests LH may be oversold. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for LH suggests low volalility. |
| Average Directional Index/ADX (14) | 15.21 | NEGATIVE | The low ADX value for LH suggests a weak or negative trend. |
253.89
-0.57 (-0.22%)
LABCORP HOLDINGS INC / LH FAQ
Can you provide the ChartMill technical rating for LABCORP HOLDINGS INC?
ChartMill assigns a technical rating of 1 / 10 to LH.
What is the current trend direction of LABCORP HOLDINGS INC (LH) stock?
The current trend direction for LABCORP HOLDINGS INC (LH) is Bearish.
What is the RSI signal for LH stock?
LABCORP HOLDINGS INC (LH) has an RSI value of 40.3241. This indicates that the stock is currently neutral.
What is the short term momentum for LH stock?
The short term momentum for LABCORP HOLDINGS INC (LH) is negative.
What are the support and resistance levels for LABCORP HOLDINGS INC (LH) stock?
LABCORP HOLDINGS INC (LH) has a support level at 248.14 and a resistance level at 255.06. Check the full technical report for our detailed analysis of LH support and resistance levels.