LHX
L3Harris Technologies Inc. Industrials - Defense Investor Relations →
L3Harris Technologies Inc. (LHX) closed at $349.66 as of 2026-02-02, trading 59.3% above its 200-week moving average of $219.56. The stock moved further from the line this week, up from 56.5% last week. With a 14-week RSI of 78, LHX is in overbought territory.
Over the past 2253 weeks of data, LHX has crossed below its 200-week moving average 34 times. On average, these episodes lasted 16 weeks. Historically, investors who bought LHX at the start of these episodes saw an average one-year return of +11.0%.
With a market cap of $65.4 billion, LHX is a large-cap stock. The company generates a free cash flow yield of 5.2%, which is healthy. Return on equity stands at 8.2%. The stock trades at 3.3x book value.
Over the past 33.2 years, a hypothetical investment of $100 in LHX would have grown to $9279, compared to $2849 for the S&P 500. That represents an annualized return of 14.6% vs 10.6% for the index — confirming LHX as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -2.8% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: LHX vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After LHX Crosses Below the Line?
Across 22 historical episodes, buying LHX when it crossed below its 200-week moving average produced an average return of +17.8% after 12 months (median +12.0%), compared to +10.4% for the S&P 500 over the same periods. 60% of those episodes were profitable after one year. After 24 months, the average return was +40.4% vs +17.1% for the index.
Each line shows $100 invested at the moment LHX crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
LHX has crossed below its 200-week MA 34 times with an average 1-year return of +11.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1983 | Nov 1983 | 2 | 0.8% | -21.0% | +12461.5% |
| Feb 1984 | Feb 1985 | 52 | 31.6% | -3.1% | +12214.4% |
| Feb 1985 | Apr 1986 | 61 | 25.6% | +1.6% | +13798.9% |
| Jul 1986 | Nov 1986 | 14 | 10.4% | +27.8% | +14221.6% |
| Dec 1986 | Dec 1986 | 1 | 0.1% | -17.0% | +13268.5% |
| Oct 1987 | Feb 1988 | 19 | 22.2% | +10.1% | +14768.1% |
| May 1988 | May 1988 | 3 | 4.1% | +10.6% | +13625.8% |
| Jul 1988 | Jan 1989 | 27 | 11.4% | +31.6% | +14216.2% |
| Feb 1989 | Apr 1989 | 8 | 3.5% | +9.4% | +13532.3% |
| Jan 1990 | Feb 1990 | 2 | 3.0% | -19.8% | +12418.1% |
| Feb 1990 | Feb 1990 | 1 | 1.1% | -14.0% | +12365.0% |
| Jul 1990 | Jun 1991 | 45 | 52.2% | -0.9% | +12834.6% |
| Jun 1991 | Dec 1991 | 27 | 16.6% | +9.0% | +13267.9% |
| Aug 1998 | Oct 1998 | 8 | 17.7% | -17.2% | +4133.2% |
| Feb 1999 | May 1999 | 12 | 20.7% | +10.0% | +3949.9% |
| Jul 1999 | Jan 2000 | 27 | 42.7% | +15.5% | +3821.1% |
| Apr 2000 | Apr 2000 | 2 | 9.1% | -11.8% | +4079.5% |
| May 2000 | May 2000 | 2 | 6.8% | +1.8% | +3783.4% |
| Jun 2000 | Jun 2000 | 1 | 1.6% | -7.4% | +3713.3% |
| Aug 2000 | Sep 2001 | 59 | 30.1% | +0.9% | +3801.2% |
| Dec 2001 | Dec 2001 | 1 | 4.9% | -11.6% | +3982.2% |
| Oct 2002 | Jan 2003 | 13 | 15.7% | +36.4% | +4232.4% |
| Mar 2003 | May 2003 | 8 | 7.6% | +68.4% | +4038.2% |
| Jul 2003 | Jul 2003 | 1 | 0.8% | +63.1% | +3776.4% |
| Sep 2008 | Nov 2009 | 57 | 36.6% | -9.0% | +1158.4% |
| Jun 2010 | Jul 2010 | 1 | 3.3% | +13.1% | +1092.0% |
| Aug 2010 | Aug 2010 | 1 | 0.1% | -16.9% | +1047.9% |
| Jul 2011 | Jan 2012 | 27 | 17.6% | +9.9% | +1104.5% |
| May 2012 | Jun 2012 | 3 | 2.5% | +35.6% | +1122.4% |
| Jan 2023 | Jan 2023 | 2 | 4.1% | +8.0% | +89.0% |
| Mar 2023 | Dec 2023 | 39 | 17.7% | +11.7% | +89.8% |
| Jan 2025 | Jan 2025 | 1 | 0.0% | +64.3% | +71.1% |
| Feb 2025 | Mar 2025 | 4 | 5.4% | +72.9% | +72.9% |
| Mar 2025 | Apr 2025 | 3 | 2.9% | N/A | +70.4% |
| Average | 16 | — | +11.0% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02