KLA CORP (KLAC) Technical Analysis
NASDAQ:KLAC • US4824801009
Current stock price
KLAC Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to KLAC. In the last year, KLAC was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that KLAC is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, KLAC also shows a nice and consistent pattern of rising prices.
- KLAC is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 73% of 115 stocks in the same industry.
- KLAC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so KLAC is performing more or less in line with the market.
- KLAC has an average volume of 1165630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month KLAC has a been trading in the 1321.02 - 1582.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KLAC Weekly and Daily overview Charts
KLAC Setup Rating and Analysis
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 a support zone below the current price at 1412.82, a Stop Loss order could be placed below this zone.
More info and screens
KLAC Support and Resistance Analysis
1,294.14
We found 2 important support areas.
- A support zone ranging from 1395.36 to 1412.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1307.21 to 1344.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1470.53 to 1490.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1566.20 to 1567.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for KLAC is neutral. |
| ChartMill Relative Strength | 94.6 | POSITIVE | KLAC has a high relative strength, it outperformed 94.6% 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) | 47.42 | NEUTRAL | The RSI value for KLAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.35 | POSITIVE | The MACD value suggests KLAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.26 | NEUTRAL | The Stochastics value for KLAC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.93 | MEDIUM VOLATILITY | The ATR as a percentage value for KLAC suggests some volalility. |
| Average Directional Index/ADX (14) | 12.24 | 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
1451.13
-92.69 (-6%)
KLA CORP / KLAC TA FAQ
What is the ChartMill technical rating of KLA CORP (KLAC) stock?
ChartMill assigns a technical rating of 9 / 10 to KLAC.
Can you provide the trend direction for KLA CORP?
The current trend direction for KLA CORP (KLAC) is Bullish.
Can you provide the RSI signal for KLA CORP?
KLA CORP (KLAC) has an RSI value of 47.4242. 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 4.3536, indicating a bullish trend.
What is the short term momentum for KLAC stock?
The short term momentum for KLA CORP (KLAC) is neutral.