L3HARRIS TECHNOLOGIES INC (LHX) Stock Technical Analysis
USA - NYSE:LHX - US5024311095 - Common Stock
Taking everything into account, LHX scores 5 out of 10 in our technical rating. In the last year, LHX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
LHX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 290.12, a Stop Loss order could be placed below this zone.
More info and screens
200.59
2 important support areas can be observed.
- A support zone ranging from 283.36 to 290.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @202.62 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @306.77 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 | 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 | 72.44 | POSITIVE | LHX has a high relative strength, it outperformed 72.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LHX is above a declining 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) | 50.83 | NEUTRAL | The RSI value for LHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests LHX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.99 | NEUTRAL | The Stochastics value for LHX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for LHX suggests some volalility. |
| Average Directional Index/ADX (14) | 25.41 | POSITIVE | The high ADX value value for LHX suggests a strong trend. |
290.66
+5.64 (+1.98%)
L3HARRIS TECHNOLOGIES INC / LHX FAQ
What is the ChartMill technical rating of L3HARRIS TECHNOLOGIES INC (LHX) stock?
ChartMill assigns a technical rating of 5 / 10 to LHX.
What is the trend direction for LHX stock?
The current trend direction for L3HARRIS TECHNOLOGIES INC (LHX) is Bullish.
What is the RSI signal for L3HARRIS TECHNOLOGIES INC (LHX) stock?
L3HARRIS TECHNOLOGIES INC (LHX) has an RSI value of 50.8283. This indicates that the stock is currently neutral.
Can you provide the MACD signal for L3HARRIS TECHNOLOGIES INC?
The MACD indicator for L3HARRIS TECHNOLOGIES INC (LHX) has a value of -0.60418, indicating a bearish trend.
What is the short term momentum for L3HARRIS TECHNOLOGIES INC (LHX) stock?
The short term momentum for L3HARRIS TECHNOLOGIES INC (LHX) is neutral.