Taking everything into account, KLAC scores 9 out of 10 in our technical rating. In the last year, KLAC was one of the better performers, but we do observe some doubts in the very recent evolution.
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.
841.50
We found 4 important support areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The short term trend for KLAC is neutral. |
| ChartMill Relative Strength | 94.06 | POSITIVE | KLAC has a high relative strength, it outperformed 94.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KLAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KLAC is below 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) | 42.21 | NEUTRAL | The RSI value for KLAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -16.57 | NEGATIVE | The MACD value suggests KLAC has a negative trend. |
| Stochastics (14,3) | 21.98 | NEUTRAL | The Stochastics value for KLAC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for KLAC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.85 | NEGATIVE | The low ADX value for KLAC suggests a weak or negative trend. |
1097.12
-5.33 (-0.48%)
ChartMill assigns a technical rating of 9 / 10 to KLAC.
The current trend direction for KLA CORP (KLAC) is Bullish.
KLA CORP (KLAC) has an RSI value of 42.2065. This indicates that the stock is currently neutral.
The MACD indicator for KLA CORP (KLAC) has a value of -16.567, indicating a bearish trend.
The short term momentum for KLA CORP (KLAC) is neutral.