Technical Analysis for LH - Laboratory Corporation of America Holdings

Grade Last Price % Change Price Change
F 210.59 -1.19% -2.54
LH closed down 1.19 percent on Friday, May 17, 2024, on approximately normal volume. It was able to find support at its 50 day moving average. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Up Up

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.00%
Fell Below 200 DMA Bearish 0.00%
Stochastic Sell Signal Bearish 0.00%
50 DMA Support Bullish 0.00%
Upper Bollinger Band Walk Strength 0.00%
Weak + Overbought Other 0.00%
Weak, Overbought and Reversal Signs Reversal 0.00%
Overbought Stochastic Strength 0.00%
Shooting Star Candlestick Bearish -1.19%
Doji - Bearish? Reversal -1.19%

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Profile

Laboratory Corporation of America Holdings Description

Laboratory Corporation of America Holdings operates as an independent clinical laboratory company worldwide. It offers a range of clinical laboratory tests, including blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, Pap tests, HIV tests, HCV tests, microbiology cultures and procedures, and alcohol and other substance-abuse tests. The company provides clinical laboratory tests that are used by the medical profession in routine testing, patient diagnosis, and in the monitoring and treatment of diseases. It also offers specialty testing operations, such as oncology testing, HIV genotyping and phenotyping, diagnostic genetics, cardiovascular disease risk assessment, clinical trials, allergy, women's health, identity, forensics, infectious disease, and occupational testing. The company provides its services through a sales force to the physicians, hospitals, managed care organizations, governmental agencies, employers, pharmaceutical companies, and other independent clinical laboratories. It operates a national network of 50 primary laboratories and approximately 1,800 patient service centers, as well as branches and STAT laboratories. Laboratory Corporation of America Holdings has collaboration with university, hospital and academic institutions, such as Duke University, The Johns Hopkins University, the University of Minnesota, and Yale University to license and commercialize new diagnostic tests. The company was founded in 1971 and is headquartered in Burlington, North Carolina.


Classification

Sector: Healthcare
Industry: Diagnostics & Research
Keywords: S&P 500 Medicine Life Sciences Pharmaceutical Disease Infectious Diseases Cardiovascular Disease Allergy Medical Test Blood Test Diagnostic Tests HIV HIV/Aids Medical Laboratory HCV Genotyping Diagnosis Of Hiv/Aids Innogenetics University Of Minnesota

Is LH a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 240.6411
52 Week Low 193.7014
Average Volume 766,495
200-Day Moving Average 211.56
50-Day Moving Average 208.26
20-Day Moving Average 205.03
10-Day Moving Average 207.65
Average True Range 3.82
RSI (14) 57.63
ADX 18.35
+DI 31.45
-DI 21.12
Chandelier Exit (Long, 3 ATRs) 203.62
Chandelier Exit (Short, 3 ATRs) 207.56
Upper Bollinger Bands 214.54
Lower Bollinger Band 195.52
Percent B (%b) 0.79
BandWidth 9.28
MACD Line 1.15
MACD Signal Line -0.37
MACD Histogram 1.526
Fundamentals Value
Market Cap 17.88 Billion
Num Shares 84.9 Million
EPS 9.70
Price-to-Earnings (P/E) Ratio 21.71
Price-to-Sales 1.28
Price-to-Book 2.40
PEG Ratio 3.12
Dividend 2.88
Dividend Yield 1.37%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 218.59
Resistance 3 (R3) 218.67 216.10 217.25
Resistance 2 (R2) 216.10 214.06 216.05 216.81
Resistance 1 (R1) 213.34 212.80 212.06 213.26 216.36
Pivot Point 210.77 210.77 210.12 210.72 210.77
Support 1 (S1) 208.01 208.73 206.73 207.93 204.82
Support 2 (S2) 205.44 207.47 205.39 204.37
Support 3 (S3) 202.68 205.44 203.93
Support 4 (S4) 202.60