REPORTING FOR 2019-11-14 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how LH has been trading over the last 2 weeks and the past day especially. On its latest session, Laboratory Corporation of America Holdings ($LH) opened at 166.03, reaching a high of 168.05 and a low of 165.86 before closing at a price of 167.18. There was a total volume of 467011.
VOLUME INDICATORS FOR LABORATORY CORPORATION OF AMERICA HOLDINGS ($LH): We saw an accumulation-distribution index of 471.46674, an on-balance volume of -166.12, chaikin money flow of 1.16832 and a force index of 0.5805. There was an ease of movement rating of 0.01001, a volume-price trend of -1.26722 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR LABORATORY CORPORATION OF AMERICA HOLDINGS ($LH): We noted an average true range of 2.03885, bolinger bands of 166.93877, an upper bollinger band of 163.60123, lower bollinger band of 165.86, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 166.64667, high band keltner channel of 164.62667, low band keltner channel of 168.66667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 165.86, a donchian channel low band of 165.86, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR LABORATORY CORPORATION OF AMERICA HOLDINGS ($LH): We calculated a Moving Average Convergence Divergence (MACD) of -0.02647, a MACD signal of -0.01471, a MACD difference of -0.01177, a fast Exponential Moving Average (EMA) indicator of 165.86, a slow Exponential Moving Average (EMA) indicator of 165.86, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.76096, a trix of -0.12458, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 1.29486, a KST Oscillator (KST) of -7.74645 and a KST Oscillator (KST Signal) of -7.74645 (leaving a KST difference of -1.76483). We also found an Ichimoku rating of 167.04, an Ichimoku B rating of 167.04, a Ichimoku visual trend A of 168.83698, an Ichimoku visual trend B of 168.4935, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR LABORATORY CORPORATION OF AMERICA HOLDINGS ($LH): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 33.32005, a True Strength Index (TSI) of -100.0, an ultimate oscillator of 50.0, a stochastic oscillator of 108.41584, a stochastic oscillator signal of 108.41584, a Williams %R rating of 8.41584 and an awesome oscillator of -0.08967.
RETURNS FOR LABORATORY CORPORATION OF AMERICA HOLDINGS ($LH): There was a daily return of -0.77464, a daily log return of -0.71399 and a cumulative return of -0.71144.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-14 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Laboratory Corporation of America Holdings ($LH)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Laboratory Corporation of America Holdings ($LH) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.