Overall LRCX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, LRCX 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, LRCX did better than 97% of all other stocks. We also observe that the gains produced by LRCX over the past year are nicely spread over this period.
- LRCX is part of the Semiconductors & Semiconductor Equipment industry. There are 113 other stocks in this industry. LRCX outperforms 91% of them.
- LRCX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LRCX is lagging the market slightly.
- LRCX has an average volume of 11960600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month LRCX has a been trading in the 204.57 - 251.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, LRCX also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
177.37
3 important support areas can be observed.
- Support @214.92 from a trend line in the daily time frame.
- Support @209.77 from a horizontal line in the daily time frame.
- Support @179.16 from a trend 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 LRCX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LRCX is up. |
| ChartMill Relative Strength | 97.58 | POSITIVE | LRCX has a high relative strength, it outperformed 97.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LRCX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LRCX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LRCX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.99 | NEUTRAL | The RSI value for LRCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.67 | NEGATIVE | The MACD value suggests LRCX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.21 | NEUTRAL | The Stochastics value for LRCX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.68 | HIGH VOLATILITY | The high ATR as a percentage value for LRCX suggests high volalility. |
| Average Directional Index/ADX (14) | 35.61 | POSITIVE | The high ADX value value for LRCX suggests a strong trend. |
229.28
-1.73 (-0.75%)
LAM RESEARCH CORP / LRCX FAQ
What is the technical rating for LRCX stock?
ChartMill assigns a technical rating of 10 / 10 to LRCX.
What is the current trend direction of LAM RESEARCH CORP (LRCX) stock?
The current trend direction for LAM RESEARCH CORP (LRCX) is Bullish.
What is the RSI signal for LAM RESEARCH CORP (LRCX) stock?
LAM RESEARCH CORP (LRCX) has an RSI value of 56.9904. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LAM RESEARCH CORP?
The MACD indicator for LAM RESEARCH CORP (LRCX) has a value of -2.67277, indicating a bearish trend.
Can you provide the support and resistance levels for LAM RESEARCH CORP?
LAM RESEARCH CORP (LRCX) has a support level at 214.92. Check the full technical report for our detailed analysis of LRCX support and resistance levels.