LABCORP HOLDINGS INC (LH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LH - US5049221055 - Common Stock
Taking everything into account, LH scores 2 out of 10 in our technical rating. 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 only medium 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
When analyzing the support we can see 6 important areas.
- Support @257.63 from a trend line in the weekly time frame.
- A support zone ranging from 251.59 to 252.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @246.63 from a horizontal line in the daily time frame.
- Support @241.34 from a horizontal line in the daily time frame.
- Support @233.05 from a trend line in the weekly time frame.
- Support @215.77 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 264.15 to 269.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 54.64 | NEUTRAL | LH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LH is below the rising 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 | POSITIVE | The current price of LH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.79 | NEUTRAL | The RSI value for LH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.92 | NEUTRAL | The Stochastics value for LH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for LH suggests some volalility. |
| Average Directional Index/ADX (14) | 16.32 | NEGATIVE | The low ADX value for LH suggests a weak or negative trend. |
258.39
-3.09 (-1.18%)
LABCORP HOLDINGS INC / LH FAQ
Can you provide the ChartMill technical rating for LABCORP HOLDINGS INC?
ChartMill assigns a technical rating of 2 / 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 40.7883. 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 257.63 and a resistance level at 264.15. Check the full technical report for our detailed analysis of LH support and resistance levels.