The Greedy Trader Weekly Analysis
Sign In Jul 24, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 7/17/2026 -
Sign In to see current Signals.

LABORATORY CP (LH) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend resistance line
Daily :Daily  MACD line has moved below its signal line
Move cursor over the icon to see details.

It was a first positive week for the LABORATORY CP (LH). During the week, the LH gained 6.55 points, or 2.37%, and closed at 283.36 on Friday, July 17, 2026. Weekly volume was -8% 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 (219.80) 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 255.56 and resistance is at 299.09. 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 262.11 on July 14, 2026. LH lost 29.27 points, or 10.05%, in 7 days. The price is now at the 72.60% retracement level.

Daily Technical Indicators: [See LH daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.20
Williams' Percentage Range (W%R) 23.30
Lane's Stochastic (%D-Slow) 45.79
Greed/Fear Indicator (GFI) 62.24
Moving Average Converg./Diverg. (MACD) 4.23
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.78
Williams' Percentage Range (W%R) 20.80
Lane's Stochastic (%D-Slow) 65.03
Greed/Fear Indicator (GFI) 65.72
Moving Average Converg./Diverg. (MACD) -0.08
Trading Signals
Description Value Chart
Weekly Trendline Resistance 299.09
Upper Bollinger Band 294.15
Price 283.36
Weekly Stochastic Crossing 278.64
Daily Stochastic Crossing 277.84
20 Day Moving Average 274.62
50 Day Moving Average 265.54
Monthly Trendline Resistance 263.65
Parabolic System 261.84
Lower Bollinger Band 255.95
Weekly Trendline Support 255.56
Sector and Industry
Description Name Rank
Sector Health Care 10
Industry Health Care Services 107
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 291.38
High Date 07/07/2026
Low 262.11
Low Date 07/14/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 299.09
Support 255.56
Low 248.59
Low Date 05/05/2026
High 291.38
High Date 07/07/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 263.65
Support 219.80
High 292.02
High Date 02/12/2026
Low 248.59
Low Date 05/05/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 244.52
Low Date 11/07/2025
High 292.02
High Date 02/12/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 191.97
Low Date 05/31/2024
High 293.72
High Date 10/21/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.