LABCORP HOLDINGS INC (LH) Stock Technical Analysis
NYSE:LH - New York Stock Exchange, Inc. - US5049221055 - Common Stock
Taking everything into account, LH scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LH is only an average performer.
The long and short term trends are both positive. This is looking good!
LH 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 LH is lagging the market slightly.
In the last month LH has a been trading in the 225.15 - 242.74 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, LH outperforms 65% of them, which is more or less in line with the market.
LH is an average performer in the Health Care Providers & Services industry, it outperforms 62% of 108 stocks in the same industry.
Besides having an excellent technical rating, LH also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 241.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 235.00, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
196.97
248.69
We found 5 important support areas.
- A support zone ranging from 227.10 to 235.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 215.76 to 218.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @212.03 from a horizontal line in the daily time frame.
- Support @207.09 from a horizontal line in the daily time frame.
- Support @198.96 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 241.33 to 246.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.55
Mansfield-0.01
10 Day High242.74
10 Day Low225.2
20 Day High242.74
20 Day Low225.15
52 Week High247.99
52 Week Low191.97
Performance
1 Week2.83%
2 Weeks4.54%
1 Month3.3%
3 Month10.56%
6 Month12.86%
12 Month5.49%
2 Year-5.38%
3 Year-12.09%
5 Year36.01%
10 Year107.84%
15 Year235.53%
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)
Technical Indicators
MACD(12,26,9)1.09
RSI(14)62.04
LBB225.76
UBB240.02
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 246.24 | 225.19 | 21.05 (8.55%) | 11.70% |
| An entry @246.24. This is a Buy Stop order right above the resistance zone. | An exit @225.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 21.05 points, which is 8.55%. | When investing 11.70% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LABCORP HOLDINGS INC
NYSE:LH (1/17/2025, 8:12:23 PM)
Premarket: 240.2 +1.64 (+0.69%)238.56
-0.21 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.09%
1 Week2.83%
2 Weeks4.54%
1 Month3.3%
3 Month10.56%
6 Month12.86%
12 Month5.49%
2 Year-5.38%
3 Year-12.09%
5 Year36.01%
10 Year107.84%
15 Year235.53%
Volatility
ATR(14)4.67
ATR(20)%1.85%
ATR Inc5.95%
Range Today5.79
ADR(20)4.24
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.55
Mansfield-0.01
10 Day High242.74
10 Day Low225.2
20 Day High242.74
20 Day Low225.15
52 Week High247.99
52 Week Low191.97
CS1 End235
CR1 Start241.33
Volume & EV
DER(3)1.03%
DER(5)0.04%
Volume702.60K
Volume Incr28.04%
Vol(5)630.36K
Vol(50)575.18K