KLA CORP (KLAC) Technical Analysis
NASDAQ:KLAC • US4824801009
Current stock price
KLAC Technical Rating and Analysis
Taking everything into account, KLAC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, KLAC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, KLAC did better than 94% 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 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 1374.43 - 1798.00 range, which is quite wide. It is currently trading near the high of this range.
- KLAC is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, KLAC did better than 63% of them.
KLAC Weekly and Daily overview Charts
KLAC Setup Rating and Analysis
Although KLAC has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
KLAC Support and Resistance Analysis
1,294.15
We found 3 important support areas.
- A support zone ranging from 1427.78 to 1446.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1369.65 from a trend line in the weekly time frame.
- Support @1307.22 from a horizontal line in the daily time frame.
KLAC Technical Indicator Signal Analysis
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 | 94.79 | POSITIVE | KLAC has a high relative strength, it outperformed 94.79% 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) | 65.14 | NEUTRAL | The RSI value for KLAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 22.99 | POSITIVE | The MACD value suggests KLAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.94 | OVERBOUGHT | The high Stochastics value suggests KLAC may be overbought. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for KLAC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.03 | NEGATIVE | The low ADX value for KLAC suggests a weak or negative trend. |
KLAC Chart- and CandleStick Pattern Analysis
KLAC Technicals: Chart, Performance Metrics, Trend & Indicators
1734.85
-13.26 (-0.76%)
KLA CORP / KLAC TA FAQ
What is the ChartMill technical rating of KLA CORP (KLAC) stock?
ChartMill assigns a technical rating of 10 / 10 to KLAC.
Can you provide the trend direction for KLA CORP?
The current trend direction for KLA CORP (KLAC) is Bullish.
What is the RSI signal for KLAC stock?
KLA CORP (KLAC) has an RSI value of 65.1409. This indicates that the stock is currently neutral.
What is the MACD signal for KLA CORP (KLAC) stock?
The MACD indicator for KLA CORP (KLAC) has a value of 22.9897, indicating a bullish trend.
Can you provide the buy/sell signal for KLA CORP?
The buy/sell signal for KLA CORP (KLAC) is buy as both the short term and long term trends are positive.