|
|
Downtrend Broken Resist.Archive
- 1/23/2026 -
Sign In to see current Signals. |
LABORATORY CP (LH) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the LABORATORY CP (LH). During the week, the LH dropped -4.21 points, or -1.55%, and closed at 266.66 on Friday, January 23, 2026. Weekly volume was 12% above average.
 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 chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 224.42 and resistance is at 306.07. 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 long-term trend.
 Medium-term trend: [See LH medium-term trend chart]
A medium-term downtrend had started on October 21, 2025 at 293.72 and reached 244.52 on November 7, 2025. LH lost 49.20 points, or 16.75%, in 2 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (245.16) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. LH may retest the broken resistance line. It is considered to be a support line now. 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 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 October 24, 2025. 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 downtrend had started on January 20, 2026 at 275.37 and reached 264.80 on January 23, 2026. LH lost 10.57 points, or 3.84%, in 3 days. The price is now at the 17.60% retracement level.
 Daily Technical Indicators: [See LH daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. 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 January 5, 2026.
| |
|
|