|
|
Archive
- 5/29/2026 -
Sign In to see current Signals. |
LABORATORY CP (LH) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily : 
Move cursor over the icon to see details.
| | It was a second positive week after 4 consecutive negative weeks for the LABORATORY CP (LH). During the week, the LH climbed 0.13 points, or 0.05%, and closed at 260.06 on Friday, May 29, 2026. LH was trading at average weekly trading volume.
LH is a member of Health Care Sector. Health Care is the most oversold 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 uptrend had started on May 31, 2024 at 191.97 and reached 293.72 on October 21, 2025. LH gained -101.75 points, or -53.00%, in 72 weeks. The price is now at the 33.08% retracement level.
 Medium-term trend: [See LH medium-term trend chart]
A medium-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 trend support level is at 238.80 and resistance is at 272.48. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending 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 below its signal line since March 20, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See LH short-term trend chart]
A short-term uptrend had started on May 5, 2026 at 248.59 and reached 264.66 on May 28, 2026. LH gained -16.07 points, or -6.46%, in 23 days. The price is now at the 28.62% retracement level.
 Daily Technical Indicators: [See LH daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. 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 Williams' Percentage Range help.
The daily MACD line is above its signal line since May 19, 2026. This is an indication that the short-term trend is up.
The distance between the Bollinger Bands is falling, and it was 4.25% on Friday. It is 50.77% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|