KLA CORP (KLAC) Stock Technical Analysis
USA - NASDAQ:KLAC - US4824801009 - Common Stock
1114.32 USD
-33.11 (-2.89%)
1111 USD
-3.32 (-0.3%)
We assign a technical rating of 10 out of 10 to KLAC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KLAC is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, KLAC did better than 91% of all other stocks. We also observe that the gains produced by KLAC over the past year are nicely spread over this period.
KLAC is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 76% of 112 stocks in the same industry.
KLAC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month KLAC has a been trading in the 980.97 - 1161.18 range, which is quite wide. It is currently trading near the high of this range.
KLAC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
841.50
1,164.43
We found 4 important support areas.
- Support @1023.89 from a trend line in the daily time frame.
- A support zone ranging from 982.74 to 998.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @934.75 from a trend line in the daily time frame.
- Support @850.00 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @1152.90 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for KLAC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KLAC is up. |
| ChartMill Relative Strength | 91.59 | POSITIVE | KLAC has a high relative strength, it outperformed 91.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KLAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KLAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KLAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.24 | NEUTRAL | The RSI value for KLAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.61 | POSITIVE | The MACD value suggests KLAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.26 | OVERBOUGHT | The high Stochastics value suggests KLAC may be overbought. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for KLAC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.26 | POSITIVE | The high ADX value value for KLAC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1,152.91 | 980.96 | 171.95 (14.91%) | 6.70% |
| An entry @1152.91. This is a Buy Stop order right above the resistance zone. | An exit @980.96. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 171.95 points, which is 14.91%. | When investing 6.70% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1114.32
-33.11 (-2.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.89%
1 Week2.51%
2 Weeks4.87%
1 Month4.27%
3 Month23.53%
6 Month60.42%
12 Month65.56%
2 Year137.24%
3 Year252.13%
5 Year465.13%
10 Year1560.19%
15 Year3019.6%
Volatility
ATR(14)45.16
ATR(20)%3.66%
ATR Inc-19.36%
Range Today57.1
ADR(20)34.93
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.59
3 months CRS88.84
6 months CRS88.86
Mansfield2.76
10 Day High1161.18
10 Day Low980.97
20 Day High1161.18
20 Day Low980.97
52 Week High1161.18
52 Week Low551.33
CS1 End1023.89
CR1 Start1152.9
Volume & EV
DER(3)0.17%
DER(5)-0.94%
Volume1.36M
Volume Incr-6.5%
Vol(5)1.02M
Vol(50)989.07K