The best indicator for L3Harris (LHX)
We backtested 20 indicators across daily, weekly and hourly charts on real L3Harris (LHX) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
CCI
On the weekly chart, this is the strongest risk-adjusted edge we found for L3Harris (LHX) over ~44.6 years — trailing buy-and-hold by 2.9% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | CCI ✓ | Weekly | 8.0% | 0.5 | -43.8% | 85.7% | 42 | -2.9% |
| 2 | Stochastic ✓ | Weekly | 7.7% | 0.48 | -50.5% | 78.7% | 47 | -3.2% |
| 3 | WaveTrend (8/6/4) ✓ | Weekly | 8.0% | 0.47 | -48.7% | 76.9% | 39 | -2.9% |
| 4 | WaveTrend (8/6/4) ✓ | Daily | 7.6% | 0.45 | -59.1% | 73.3% | 165 | -3.3% |
| 5 | EMA-10 Trend ✓ | Weekly | 7.2% | 0.43 | -51.0% | 44.2% | 197 | -3.7% |
| 6 | Williams %R ✓ | Weekly | 6.3% | 0.4 | -45.4% | 80.7% | 57 | -4.6% |
| 7 | CCI ✓ | Daily | 6.0% | 0.39 | -54.9% | 74.3% | 214 | -4.9% |
| 8 | Rate of Change ✓ | Weekly | 6.0% | 0.37 | -65.5% | 52.7% | 129 | -4.8% |
| 9 | EMA 20/50 Cross ✓ | Weekly | 5.8% | 0.36 | -65.4% | 40.0% | 20 | -5.1% |
| 10 | MACD ✓ | Weekly | 5.4% | 0.36 | -56.5% | 45.5% | 99 | -5.5% |
| 11 | Heikin-Ashi Trend ✓ | Weekly | 5.4% | 0.36 | -52.1% | 49.2% | 413 | -5.5% |
| 12 | RSI Trend (>50) ✓ | Weekly | 5.4% | 0.35 | -59.5% | 44.6% | 130 | -5.5% |
| 13 | EMA-10 Trend ✓ | Daily | 4.8% | 0.33 | -71.8% | 43.7% | 1003 | -6.1% |
| 14 | Holy Grail Confluence ✓ | Weekly | 5.9% | 0.44 | -27.5% | 100.0% | 11 | -5.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For L3Harris (LHX), CCI on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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