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Stock Charts AI Power Rank: 8.0
Power Rank trend -> Falling
07/26/2024 16:10:00 EST
L3Harris Technologies Inc (LHX)
Industry: Aerospace & Defense
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, LHX has been trading in a range between $240.42 and $221.96 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
LHX is trading below resistance at $240.42, about 5% to the upside. There is support at $221.13 -4% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
L3Harris Technologies Inc $LHX entered a Green zone 28 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $223.9, a potential down side of -2.4% from the recent price of 229.41. The stock is trading 7.05% (potential upside) below its 52 week high of $245.59 and 45.56 % (potential downside) above its 52 week low of $157.61 - based on the recent price.
Company Summary
L3Harris Technologies, Inc provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors.
News
| Here's Why L3Harris (LHX) is a Great Momentum Stock to Buy Does L3Harris (LHX) have what it takes to be a top stock pick for momentum investors? Let's find out. Source: Zacks Investment Research Fri, 26 Jul 2024 13:01:23 -0400 Sentiment: Positive |
| L3Harris (LHX) Beats Q2 Earnings Estimates, Hikes '24 EPS View L3Harris' (LHX) second-quarter earnings top the Zacks Consensus Estimate, while revenues rise year over year. The company increases its 2024 earnings outlook. Source: Zacks Investment Research Fri, 26 Jul 2024 12:25:49 -0400 Sentiment: Positive |
| L3Harris Technologies, Inc. (LHX) Q2 2024 Earnings Call Transcript L3Harris Technologies, Inc. (NYSE:LHX ) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Daniel Gittsovich - VP, IR Christopher E. Kubasik - Chair and CEO Kenneth L. Source: Seeking Alpha Fri, 26 Jul 2024 11:31:04 -0400 Sentiment: Neutral |
| Harris Or Trump – Defense Stocks Are Winning, Tech Battle, Personal Income Drops, Trump Crypto Push To gain an edge, this is what you need to know today. Source: Benzinga Fri, 26 Jul 2024 11:30:49 -0400 Sentiment: Negative |
| This Southwest Airlines Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Source: Benzinga Fri, 26 Jul 2024 08:04:47 -0400 Sentiment: Negative |
Technicals 52 Week Hi: 245.595 52 Week Low: 157.6076 Beta: 0.722 50 Day MA: 226.1532 200 Day MA: 208.2237 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.049 Qtr Revenue Growth YOY: 0.129 Forward PE: 15.949 Trailing PE: 36.7644