L3HARRIS TECHNOLOGIES INC (LHX) Technical Analysis
NYSE:LHX • US5024311095
Current stock price
LHX Technical Rating and Analysis
Taking everything into account, LHX scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month LHX has a been trading in the 336.47 - 364.27 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that LHX is one of the better performing stocks in the market, outperforming 81% of all stocks. We also observe that the gains produced by LHX over the past year are nicely spread over this period.
- 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 1309080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- LHX is part of the Aerospace & Defense industry. There are 80 other stocks in this industry, LHX did better than 63% of them.
LHX Weekly and Daily overview Charts
LHX Setup Rating and Analysis
LHX has an average technical rating and it also 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
LHX Support and Resistance Analysis
267.02
2 important support areas can be observed.
- A support zone ranging from 339.07 to 340.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @269.72 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 351.95 to 360.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 366.62 to 368.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @378.49 from a horizontal line in the daily time frame.
LHX Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for LHX is down. |
| ChartMill Relative Strength | 81.75 | POSITIVE | LHX has a high relative strength, it outperformed 81.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LHX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LHX is below a declining 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) | 38.73 | NEUTRAL | The RSI value for LHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.24 | NEGATIVE | The MACD value suggests LHX has a negative trend. |
| Stochastics (14,3) | 32.67 | NEUTRAL | The Stochastics value for LHX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for LHX suggests some volalility. |
| Average Directional Index/ADX (14) | 19.38 | NEGATIVE | The low ADX value for LHX suggests a weak or negative trend. |
LHX Chart- and CandleStick Pattern Analysis
LHX Technicals: Chart, Performance Metrics, Trend & Indicators
340.3
-8.27 (-2.37%)
L3HARRIS TECHNOLOGIES INC / LHX TA FAQ
What is the ChartMill technical rating of L3HARRIS TECHNOLOGIES INC (LHX) stock?
ChartMill assigns a technical rating of 6 / 10 to LHX.
What is the current trend direction of L3HARRIS TECHNOLOGIES INC (LHX) stock?
The current trend direction for L3HARRIS TECHNOLOGIES INC (LHX) is Bullish.
Can you provide the RSI signal for L3HARRIS TECHNOLOGIES INC?
L3HARRIS TECHNOLOGIES INC (LHX) has an RSI value of 38.7315. This indicates that the stock is currently neutral.
Can you provide the short term momentum for L3HARRIS TECHNOLOGIES INC?
The short term momentum for L3HARRIS TECHNOLOGIES INC (LHX) is negative.
What is the buy/sell signal for LHX stock?
The buy/sell signal for L3HARRIS TECHNOLOGIES INC (LHX) is hold as the short term and long term trends are mixed.