L3HARRIS TECHNOLOGIES INC (LHX) Stock Technical Analysis
USA - NYSE:LHX - US5024311095 - Common Stock
283.87 USD
-0.42 (-0.15%)
283.87 USD
0 (0%)
We assign a technical rating of 7 out of 10 to LHX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LHX is only an average performer.
In the last month LHX has a been trading in the 281.49 - 308.12 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
LHX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LHX is lagging the market slightly.
LHX has an average volume of 1068940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, LHX did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
LHX is part of the Aerospace & Defense industry. There are 69 other stocks in this industry, LHX did better than 50% of them.
Although LHX has an excellent technical rating, it does not offer a high quality setup 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
200.59
309.84
We found 3 important support areas.
- A support zone ranging from 279.01 to 282.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @269.72 from a horizontal line in the daily time frame.
- Support @202.62 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 284.28 to 284.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 294.34 to 297.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 305.41 to 306.77. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for LHX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LHX is neutral. |
| ChartMill Relative Strength | 72.39 | POSITIVE | LHX has a high relative strength, it outperformed 72.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LHX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LHX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LHX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.32 | NEUTRAL | The RSI value for LHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2 | NEGATIVE | The MACD value suggests LHX has a negative trend. |
| Stochastics (14,3) | 30.25 | NEUTRAL | The Stochastics value for LHX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for LHX suggests some volalility. |
| Average Directional Index/ADX (14) | 32.63 | POSITIVE | The high ADX value value for LHX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
283.87
-0.42 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.15%
1 Week-4.66%
2 Weeks-3.99%
1 Month0.55%
3 Month7.37%
6 Month30.28%
12 Month14.27%
2 Year58.46%
3 Year15.34%
5 Year76.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.42
ATR(20)%2.29%
ATR Inc95.68%
Range Today2.83
ADR(20)6.21
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.39
Mansfield0.76
10 Day High308.12
10 Day Low283.64
20 Day High308.12
20 Day Low281.49
52 Week High308.12
52 Week Low193.09
CS1 End284.28
CR1 Start294.34
Volume & EV
DER(3)-0.97%
DER(5)-0.6%
Volume883.45K
Volume Incr10.05%
Vol(5)1.13M
Vol(50)1.07M