L3HARRIS TECHNOLOGIES INC (LHX) Technical Analysis
NYSE:LHX • US5024311095
Current stock price
LHX Technical Rating and Analysis
Overall LHX gets a technical rating of 9 out of 10. In the last year, LHX was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, LHX did better than 92% of all other stocks. On top of that, LHX also shows a nice and consistent pattern of rising prices.
- LHX is part of the Aerospace & Defense industry. There are 79 other stocks in this industry. LHX outperforms 70% of them.
- LHX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LHX is performing more or less in line with the market.
- LHX has an average volume of 1597640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month LHX has a been trading in the 329.28 - 379.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LHX Weekly and Daily overview Charts
LHX Setup Rating and Analysis
LHX has an excellent technical rating, but the quality of the setup is 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
LHX Support and Resistance Analysis
267.02
4 important support areas can be observed.
- A support zone ranging from 352.84 to 352.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 339.07 to 342.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @289.67 from a trend line in the daily time frame.
- Support @269.72 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 362.31 to 366.62. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for LHX is neutral. |
| ChartMill Relative Strength | 92.83 | POSITIVE | LHX has a high relative strength, it outperformed 92.83% 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) | UP | MIXED | The current price of LHX is below 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) | 46.38 | NEUTRAL | The RSI value for LHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.65 | NEGATIVE | The MACD value suggests LHX has a negative trend. |
| Stochastics (14,3) | 32.35 | NEUTRAL | The Stochastics value for LHX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for LHX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.67 | 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
352.85
-10.85 (-2.98%)
L3HARRIS TECHNOLOGIES INC / LHX TA FAQ
What is the ChartMill technical rating of L3HARRIS TECHNOLOGIES INC (LHX) stock?
ChartMill assigns a technical rating of 9 / 10 to LHX.
Can you provide the trend direction for L3HARRIS TECHNOLOGIES INC?
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 46.3837. This indicates that the stock is currently neutral.
What is the support and resistance level for LHX stock?
L3HARRIS TECHNOLOGIES INC (LHX) has a support level at 352.84 and a resistance level at 362.31. Check the full technical report for our detailed analysis of LHX support and resistance levels.