L3harris Technologies Stock Technical Analysis
| LHX Stock | USD 207.71 0.03 0.01% |
As of the 24th of April, L3Harris Technologies secures the Semi Deviation of 0.8845, downside deviation of 0.9496, and Mean Deviation of 0.7281. In relation to fundamental indicators, the technical analysis model lets you check potential technical drivers of L3Harris Technologies, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of past prices, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for L3Harris Technologies, which can be compared to its peers in the industry. Please verify L3Harris Technologies downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if L3Harris Technologies is priced correctly, providing market reflects its recent price of 207.71 per share. Given that L3Harris Technologies has jensen alpha of (0.02), we recommend you to check L3Harris Technologies's last-minute market performance to make sure the company can sustain itself at some future date.
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 L3HarrisL3Harris |
L3Harris Technologies Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 223.9 | Strong Buy | 25 | Odds |
Most L3Harris analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand L3Harris stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of L3Harris Technologies, talking to its executives and customers, or listening to L3Harris conference calls.
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.
L3Harris Technologies Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 0.07 , which may imply that the returns on investment in L3Harris Technologies will continue to fail. It has 122 observation points and a regression sum of squares at 170.86, 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.
| 2019 | 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0077 | 0.019 | 0.0217 | 0.0238 | Price To Sales Ratio | 2.36 | 2.41 | 2.06 | 2.53 |
L3Harris Technologies April 24, 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0253 | |||
| Market Risk Adjusted Performance | 0.0571 | |||
| Mean Deviation | 0.7281 | |||
| Semi Deviation | 0.8845 | |||
| Downside Deviation | 0.9496 | |||
| Coefficient Of Variation | 2859.96 | |||
| Standard Deviation | 0.9651 | |||
| Variance | 0.9315 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0471 | |||
| Maximum Drawdown | 5.06 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.67 | |||
| Downside Variance | 0.9017 | |||
| Semi Variance | 0.7824 | |||
| Expected Short fall | (0.74) | |||
| Skewness | 0.4647 | |||
| Kurtosis | 0.9915 |
L3Harris Technologies April 24, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as L3Harris stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 16,021 | ||
| Daily Balance Of Power | 0.01 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 206.65 | ||
| Day Typical Price | 207.00 | ||
| Price Action Indicator | 1.08 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.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 the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary 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.
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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 (0.62) | Dividend Share 4.56 | Earnings Share 6.44 | Revenue Per Share 102.421 | Quarterly Revenue Growth 0.166 |
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 if L3Harris Technologies is a good investment 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.