L3HARRIS TECHNOLOGIES INC (LHX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LHX - US5024311095 - Common Stock
Overall LHX gets a technical rating of 3 out of 10. LHX was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
LHX 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
200.59
3 important support areas can be observed.
- Support @277.73 from a horizontal line in the weekly time frame.
- Support @272.31 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 277.78 to 284.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @297.40 from a horizontal line in the weekly time frame.
- 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 | DOWN | NEGATIVE | The short term trend for LHX is down. |
| ChartMill Relative Strength | 74.54 | POSITIVE | LHX has a high relative strength, it outperformed 74.54% 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) | 42.92 | NEUTRAL | The RSI value for LHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.05 | NEGATIVE | The MACD value suggests LHX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.49 | OVERSOLD | The low Stochastics value suggests LHX may be oversold. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for LHX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.47 | NEGATIVE | The low ADX value for LHX suggests a weak or negative trend. |
277.74
+3.77 (+1.38%)
L3HARRIS TECHNOLOGIES INC / LHX FAQ
What is the ChartMill technical rating of L3HARRIS TECHNOLOGIES INC (LHX) stock?
ChartMill assigns a technical rating of 3 / 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 42.9226. 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 -1.04776, 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 negative.