L3Harris Technologies Price Trends and Technical Patterns

LHX
 Stock
  

USD 236.74  5.45  2.36%   

This module allows you to plot L3Harris Technologies against other equities to check for different price appreciation patterns. L3Harris Technologies can be compared to up to 10 different equities over a specified time horizon. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for L3Harris Technologies. To filter out specific equities, please toggle its corresponding legend item. Additionally, see Stocks Correlation.
  
As an investor, you can analyze the fundamental pricing momentum and return patterns of L3Harris Technologies using the variety of Macroaxis charts. Price and return charts with technical indicators help investors not only visualize the movement but also find long-term investing opportunities.
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L3Harris Technologies Stock Momentum Indicator Charts

Despite being surrounded by normalized and non-normalized data, technical analysis and forecasting of L3Harris chart patterns provide a lot of insight regarding the behavior of crowds concerning fear and greed. Investors that are interested in a particular stock such as L3Harris Technologies can be considered to be 'the market' for L3Harris Technologies stock. The emotional state of those investors is what determines the price for L3Harris Technologies. If more investors feel that L3Harris Technologies Stock will rise, it most likely will increase; and if more investors feel that the L3Harris price will fall, then it will fall. Thus, a stock's price change over time is the most accurate record of the emotional state (i.e., the fear and the greed) of the market for that stock, and thus, technical analysis is, at its core, a study of crowd behavior. Macroaxis various charting interfaces help investors to find opportunities and time the market. L3Harris Technologies price plot provides a helpful view on the trending direction of the price but hides some likely useful information from an investor. The L3Harris Technologies' momentum indicator charts help investors identify opportunities when the price moves upward or downward. Traders can also locate a price movement's strength using a momentum indicator line in a price chart. Usually, the formula for price momentum indicators compares the most recent closing price to a previous closing price from any time frame. The momentum indicator is typically displayed as a single line in a different section of a chart than the price line or bars.
Please note that L3Harris Technologies' momentum indicators aren't going to provide much information beyond what can be seen by looking at the price of L3Harris Technologies chart itself and comparing it to the benchmark or its competition. If L3Harris Technologies' price is moving aggressively higher, this will be visible on both the price chart and the momentum indicator. The momentum indicator charts can sometimes be useful to help confirm a price action trading strategy instead of using it to generate trade signals on its own.

L3Harris Technologies Stock Peer indicators

Technical peer comparison is one of the most widely used and accepted methods of stock analyses among chartists. It analyses L3Harris Technologies' direct or indirect competition against its essential technical indicators to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of L3Harris Technologies could also be used in its relative valuation, which is a method of valuing L3Harris Technologies by comparing different technical metrics with those of similar companies.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
LHX 1.29 (0.05) (0.04)  0.01  1.69 (0.0388) (1.30)  3.52 (2.67)  8.67 
BA 2.51  0.30  0.12  0.26  2.52  0.10 (3.17)  6.45 (4.95)  16.31 
NCMI 4.64  0.20  0.04  0.16  6.00  0.0454 (5.00)  9.73 (8.26)  38.74 
GOOGL 1.95  0.00  0.02  0.07  2.22  0.0173 (2.07)  4.20 (3.92)  10.75 
MRK 1.00  0.04  0.00  0.17  1.21 (0.0045) (1.05)  2.11 (2.50)  6.96 
DD 1.63 (0.08) (0.03)  0.01  1.96 (0.0284) (1.81)  3.56 (3.21)  9.48 
WMT 1.45 (0.20)  0.00 (0.24)  0.00 (0.1)  0.00  2.50 (3.77)  11.77 
TRV 1.23 (0.05) (0.05)  0.00  1.58 (0.0475) (1.28)  2.28 (2.33)  9.03 
PFE 1.31 (0.01) (0.01)  0.06  1.73 (0.0143) (1.25)  3.00 (3.17)  7.74 
AXP 1.77 (0.05) (0.01)  0.04  2.24 (0.0059) (1.83)  3.79 (3.84)  9.74 

L3Harris Technologies Predictive Pattern Charts

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of L3Harris Technologies high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only L3Harris Technologies closing price as input.
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L3Harris Technologies Important Indicators

While there is no single technical or fundamental indicator that will always help you time the market, it is essential to watch out for some raw signals communicated by L3Harris Technologies price movement. Investors usually use a small combination of different predictive indicators, such as period averages, to develop specific strategies before taking a position in L3Harris Technologies.

L3Harris Technologies Trend Drivers

L3Harris Technologies Basic Value Drivers

Average Daily Volume Last 10 Day1.08M
Average Daily Volume In Three Month966.44k
Fifty Day Average233.91
Enterprise Value To Ebitda14.89
Two Hundred Day Average231.87
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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 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.
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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
44.3 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.