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Archive - 7/10/2026 - Sign In to see current Signals. |
LABORATORY CP (LH) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the LABORATORY CP (LH). During the week, the LH dropped -10.17 points, or -3.54%, and closed at 276.81 on Friday, July 10, 2026. Weekly volume was -29% below average. LH is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See LH long-term trend chart] A long-term downtrend had started on February 12, 2026 at 292.02 and reached 248.59 on May 5, 2026. LH lost 43.43 points, or 14.87%, in 11 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (222.68) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See LH medium-term trend chart] A medium-term uptrend had started on May 5, 2026 at 248.59 and reached 291.38 on July 7, 2026. LH gained -42.79 points, or -17.21%, in 9 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 254.86 and resistance is at 294.27. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See LH weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since June 26, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See LH short-term trend chart] A short-term downtrend had started on July 7, 2026 at 291.38 and reached 275.32 on July 8, 2026. LH lost 16.06 points, or 5.51%, in 1 days. The price is now at the 9.28% retracement level.
Daily Technical Indicators: [See LH daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since June 24, 2026. The distance between MACD and the signal line is low and getting smaller. A Parabolic SAR (stop and reversal) indicator (275.72) comes close to the price (276.81). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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