Stock Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
LABORATORY CORP (NYSE:LH)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for LH
The long term trend has been DOWN since Sep 4th, 2018 at 171.63
The intermediate term trend has been DOWN since Oct 8th, 2018 at 168.19
The short term trend has been DOWN since Oct 11th, 2018 at 168.01
Smart Scan Analysis for LH
Based on a pre-defined weighted trend formula for chart analysis, LH scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||190.355||Year High Date||2018-06-11|
|Year Low||158.25||Year Low Date||2018-04-02|
|52wk High||190.355||52wk High Date||2018-06-11|
|52wk Low||147.275||52wk Low Date||2017-10-19|
|Year End Close||86.62||Average Volume||686,433|
|Shares Outstanding||94,600||Short Interest||6,375,006|