Should You Buy Labcorp Holdings Inc (LH) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/30
BUY LH now for a near-term swing setup. The trend is technically bullish (stacked moving averages) and price is sitting just above the pivot/support zone (~268.9), offering a reasonable immediate entry for an impatient buyer targeting a move back toward 274–277. Options positioning is call-skewed (bullish), and fundamentals from 2025/Q3 show strong profit/EPS acceleration. The main offsetting risk is aggressive hedge-fund net selling and mixed analyst tone (one PT cut to ~current price), but on balance the current setup favors an upside attempt rather than waiting.
Technical Analysis
Trend: Bullish. The moving averages are stacked positively (SMA_5 > SMA_20 > SMA_200), indicating an established uptrend.
Momentum: MACD histogram is positive (0.973) but contracting, implying upside momentum is still present but cooling (risk of consolidation).
RSI: RSI_6 at 61.3 is neutral-to-mildly bullish (not overbought), supportive of further upside.
Levels: Pivot 268.856 is immediate support; S1 263.703 is the next downside line. Near-term resistance is R1 274.01, then R2 277.193. With price at 269.81, the risk/reward favors a push toward 274–277 if support holds.
Pattern-based short-term stats: Model suggests small weakness next day/week (-0.53% / -1.06%) but a positive 1-month bias (+3.85%), consistent with a dip-then-grind-higher scenario.
Intellectia Proprietary Trading Signals
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): Entry signal triggered on 2026-01-06; price is up ~3.68% since. This supports staying constructive—current price is still a valid continuation entry as long as it holds the ~268.9 pivot area.