L3HARRIS TECHNOLOGIES INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	LHX
ISIN:

L3HARRIS TECHNOLOGIES INC. - Daily - Technical analysis published on 05/18/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
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Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

56%

22%

My opinion

Bearish under 190.59 USD

My targets

181.19 USD (-1.62%)

164.19 USD (-10.85%)

My analysis

L3HARRIS TECHNOLOGIES INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 190.59 USD. The next support located at 181.19 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 164.19 USD. Below this support, sellers could then target 153.57 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

7.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

L3HARRIS TECHNOLOGIES INC. rating 184.18 USD. The price is lower by -0.89% since the last closing with the lowest point at 183.66 USD and the highest point at 185.62 USD. The deviation from the price is +0.28% for the low point and -0.78% for the high point.

183.66

185.62

184.18

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this L3HARRIS TECHNOLOGIES INC. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

On the 18 technical indicators analysed, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	153.57	164.19	181.19	184.18	190.59	197.12	216.33
Change (%)	-16.62%	-10.85%	-1.62%	-	+3.48%	+7.03%	+17.46%
Change	-30.61	-19.99	-2.99	-	+6.41	+12.94	+32.15
Level	Minor	Minor	Intermediate	-	Major	Major	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	180.86	182.43	184.13	185.70	187.40	188.97	190.67
Camarilla	184.93	185.23	185.53	185.83	186.13	186.43	186.73
Woodie	180.93	182.46	184.20	185.73	187.47	189.00	190.74
Fibonacci	182.43	183.68	184.45	185.70	186.95	187.72	188.97

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	180.98	183.41	185.08	187.51	189.18	191.61	193.28
Camarilla	185.62	186.00	186.37	186.75	187.13	187.50	187.88
Woodie	180.60	183.22	184.70	187.32	188.80	191.42	192.90
Fibonacci	183.41	184.98	185.94	187.51	189.08	190.04	191.61

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	178.16	186.05	190.60	198.49	203.04	210.93	215.48
Camarilla	191.73	192.87	194.01	195.15	196.29	197.43	198.57
Woodie	176.49	185.22	188.93	197.66	201.37	210.10	213.81
Fibonacci	186.05	190.80	193.74	198.49	203.24	206.18	210.93

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	32.90
MACD (12,26,9):	-3.6800
Directional Movement:	-14.24
AROON (14):	-28.57
DEMA (21):	185.17
Parabolic SAR (0,02-0,02-0,2):	187.29
Elder Ray (13):	-3.23
Super Trend (3,10):	193.90
Zig ZAG (10):	184.06
VORTEX (21):	0.7200
Stochastique (14,3,5):	7.81
TEMA (21):	183.69
Williams %R (14):	-94.59
Chande Momentum Oscillator (20):	-5.57
Repulse (5,40,3):	-2.0200
ROCnROLL:	2
TRIX (15,9):	-0.2400
Courbe Coppock:	10.47

MA7:	186.24
MA20:	190.74
MA50:	195.43
MA100:	200.70
MAexp7:	186.05
MAexp20:	189.81
MAexp50:	195.27
MAexp100:	201.39
Price / MA7:	-1.11%
Price / MA20:	-3.44%
Price / MA50:	-5.76%
Price / MA100:	-8.23%
Price / MAexp7:	-1.01%
Price / MAexp20:	-2.97%
Price / MAexp50:	-5.68%
Price / MAexp100:	-8.55%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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