L3Harris Technologies (UK) Technical Analysis

0L3H Stock   240.11  2.33  0.96%   
As of the 4th of December, L3Harris Technologies secures the Downside Deviation of 1.46, mean deviation of 0.9653, and Semi Deviation of 1.31. L3Harris Technologies technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the entity's future prices. Please verify L3Harris Technologies semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if L3Harris Technologies is priced correctly, providing market reflects its recent price of 240.11 per share.

L3Harris Technologies Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as L3Harris, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to L3Harris
  
L3Harris Technologies' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
L3Harris Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of L3Harris Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of L3Harris Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

L3Harris Technologies Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of L3Harris Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.

L3Harris Technologies Trend Analysis

Use this graph to draw trend lines for L3Harris Technologies. You can use it to identify possible trend reversals for L3Harris Technologies as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual L3Harris Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

L3Harris Technologies Best Fit Change Line

The following chart estimates an ordinary least squares regression model for L3Harris Technologies applied against its price change over selected period. The best fit line has a slop of   0.32  , which means L3Harris Technologies will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3773.6, which is the sum of squared deviations for the predicted L3Harris Technologies price change compared to its average price change.

About L3Harris Technologies Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of L3Harris Technologies on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of L3Harris Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on L3Harris Technologies price pattern first instead of the macroeconomic environment surrounding L3Harris Technologies. By analyzing L3Harris Technologies's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of L3Harris Technologies's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to L3Harris Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.

L3Harris Technologies December 4, 2024 Technical Indicators

Most technical analysis of L3Harris help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for L3Harris from various momentum indicators to cycle indicators. When you analyze L3Harris charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Additional Tools for L3Harris Stock Analysis

When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.