L3Harris Stock Pattern Recognition Spinning Top

LHX
 Stock
  

USD 232.46  1.17  0.51%   

L3Harris Technologies pattern recognition tool provides the execution environment for running the Spinning Top recognition and other technical functions against L3Harris Technologies. L3Harris Technologies value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Spinning Top recognition function is designed to identify and follow existing trends. L3Harris Technologies momentum indicators are usually used to generate trading rules based on assumptions that L3Harris Technologies trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of thirteen valid pattern recognition events for the selected time horizon. The Spinning Top pattern Reversal/Continuation pattern describes L3Harris Technologies neutral movement and is used to signal indecision about the future direction of L3Harris Technologies.
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L3Harris Technologies Technical Analysis Modules

Most technical analysis of L3Harris Technologies 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 other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About L3Harris Technologies Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of L3Harris Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of L3Harris Technologies based on widely used predictive technical indicators. In general, we focus on analyzing L3Harris Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build L3Harris Technologies's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of L3Harris Technologies's intrinsic value. In addition to deriving basic predictive indicators for L3Harris Technologies, we also check how macroeconomic factors affect L3Harris Technologies price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2010 2021 2022 (projected)
Long Term Debt to Equity0.330.370.38
Interest Coverage4.837.138.03
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of L3Harris Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of L3Harris Technologies in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
231.73233.46235.19
Details
Intrinsic
Valuation
LowReal ValueHigh
210.15242.08243.81
Details
Naive
Forecast
LowNext ValueHigh
231.85233.58235.31
Details
12 Analysts
Consensus
LowTarget PriceHigh
225.00250.78270.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as L3Harris Technologies. Your research has to be compared to or analyzed against L3Harris Technologies' peers to derive any actionable benefits. When done correctly, L3Harris Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in L3Harris Technologies.

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Momentum
Invested over 20 shares
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Invested few shares
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Invested over 70 shares
Additionally, see Stocks Correlation. Note that the L3Harris Technologies information on this page should be used as a complementary analysis to other L3Harris Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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Is L3Harris Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of L3Harris Technologies. If investors know L3Harris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about L3Harris Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.2
Market Capitalization
44.5 B
Quarterly Revenue Growth YOY
-0.11
Return On Assets
0.0457
Return On Equity
0.0974
The market value of L3Harris Technologies is measured differently than its book value, which is the value of L3Harris that is recorded on the company's balance sheet. Investors also form their own opinion of L3Harris Technologies' value that differs from its market value or its book value, called intrinsic value, which is L3Harris Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because L3Harris Technologies' market value can be influenced by many factors that don't directly affect L3Harris Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between L3Harris Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine L3Harris Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, L3Harris Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.