Laboratory Corp of America Holdings Bullish Moving Average Crossover Alert (LH)
Today, shares of Laboratory Corp of America Holdings (NYSE:LH) have advanced above their 10-day MA of $137.06 on a volume of 103K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
Laboratory Corp of America Holdings share prices have moved between a 52-week high of $141.32 and a 52-week low of $97.79 and are now trading 40% above that low price at $137.38 per share. The 200-day and 50-day moving averages have moved 0.04% higher and 1.05% higher over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in Laboratory Corp of America Holdings. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Laboratory Corp of America Holdings in search of a potential trend change.
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