|
|
Downtrend Broken Resist.Archive
- 1/10/2025 -
Sign In to see current Signals. |
L3Harris T (LHX) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the L3Harris T (LHX). During the week, the LHX gave back -1.50 points, or -0.71%, and closed at 208.30 on Friday, January 10, 2025. Weekly volume was 71% above average.
 Long-term trend: [See LHX long-term trend chart]
A long-term uptrend had started on October 6, 2023 at 160.25 and reached 265.70 on November 11, 2024. LHX gained -105.45 points, or -65.80%, in 57 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (252.63) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. LHX may retest the broken support line. It is considered to be a resistance 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 support in a long-term trend.
 Medium-term trend: [See LHX medium-term trend chart]
A medium-term downtrend had started on November 11, 2024 at 265.70 and reached 202.80 on January 7, 2025. LHX lost 62.90 points, or 23.67%, in 8 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (200.38) 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 medium-term trend.
 Weekly Technical Indicators: [See LHX weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since November 29, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
 Short-term trend: [See LHX short-term trend chart]
A short-term uptrend had started on January 7, 2025 at 202.80 and reached 208.80 on January 10, 2025. LHX gained -6.00 points, or -2.96%, in 3 days. The price is now at the 8.33% retracement level.
 Daily Technical Indicators: [See LHX daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. 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.
| |
|
|