L3Harris Technologies, Inc. (LHX)

L3Harris Technologies, Inc. is trading at $263.56, down 1.01% on the session. The 50 day average sits at $285.48 and the 200 day at $314.88, which puts the stock in a downtrend. RSI is at 34.1, which reads as weak, and MACD is bearish crossover. Volume is average.

The nearest support is around $262.68 with resistance near $293.00, so that band frames the current range. Average daily movement is roughly $6.77, or about 2.6% of the share price, which is what any stop placement has to allow for. The overall health score of 33 out of 100 combines a trend score of 3, momentum of 29 and a risk score of 85.

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through three segments: Space & Mission Systems (SMS), Communications & Spectrum Dominance (CSD), and Missile Solutions (MSL). The SMS segment integrates satellite and payload capabilities, including missile warning and defense, with maritime, air special missions, and other global defense and civil government programs. Its MSL segment unites propulsion, hypersonic, and other advanced missile technologies. The CSD segment provides tactical radios, software, waveforms, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; broadband communications; integrated vision solutions, such as helmet-mounted integrated night vision goggles with image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios and system applications and equipment. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida.