KLA CORP (KLAC) Technical Analysis
NASDAQ:KLAC • US4824801009
Current stock price
KLAC Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to KLAC. 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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, KLAC did better than 95% of all other stocks. On top of that, KLAC also shows a nice and consistent pattern of rising prices.
- KLAC is currently making a new 52 week high. This is a strong signal. 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 - 1823.27 range, which is quite wide. It is currently trading near the high of this range.
- KLAC is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 59% of 115 stocks in the same industry.
KLAC Weekly and Daily overview Charts
KLAC Setup Rating and Analysis
KLAC has an excellent technical rating, but the quality of the setup is only medium 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 5 important support areas.
- A support zone ranging from 1734.84 to 1756.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1463.12 from a trend line in the weekly time frame.
- Support @1439.08 from a trend line in the daily time frame.
- Support @1384.34 from a trend line in the weekly time frame.
- Support @1307.22 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1791.45 to 1805.33. 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 | UP | POSITIVE | The short term trend for KLAC is up. |
| ChartMill Relative Strength | 95.19 | POSITIVE | KLAC has a high relative strength, it outperformed 95.19% 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) | 66.85 | NEUTRAL | The RSI value for KLAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 15.95 | POSITIVE | The MACD value suggests KLAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.97 | OVERBOUGHT | The high Stochastics value suggests KLAC may be overbought. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for KLAC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.21 | 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
1785.37
-19.95 (-1.11%)
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 66.8512. 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 15.945, 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.