We assign a technical rating of 10 out of 10 to LRCX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LRCX is showing a nice and steady performance.
LRCX 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
118.89
When analyzing the support we can see 2 important areas.
- A support zone ranging from 139.00 to 143.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @120.09 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 | 96.14 | POSITIVE | LRCX has a high relative strength, it outperformed 96.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LRCX is above a declining 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) | 55.29 | NEUTRAL | The RSI value for LRCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.59 | NEGATIVE | The MACD value suggests LRCX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.58 | NEUTRAL | The Stochastics value for LRCX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for LRCX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.19 | NEGATIVE | The low ADX value for LRCX suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 156.98 | 135.49 | 21.49 (13.69%) | 7.30% |
| An entry @156.98. This is a Buy Stop order right above the 10 day high. | An exit @135.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 21.49 points, which is 13.69%. | When investing 7.30% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
156
+0.86 (+0.55%)
LAM RESEARCH CORP / LRCX FAQ
What is the technical rating for LRCX stock?
ChartMill assigns a technical rating of 10 / 10 to LRCX.
Can you provide the trend direction for LAM RESEARCH CORP?
The current trend direction for LAM RESEARCH CORP (LRCX) is Bullish.
Can you provide the RSI signal for LAM RESEARCH CORP?
LAM RESEARCH CORP (LRCX) has an RSI value of 55.2893. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LAM RESEARCH CORP?
The short term momentum for LAM RESEARCH CORP (LRCX) is positive.
What is the support and resistance level for LRCX stock?
LAM RESEARCH CORP (LRCX) has a support level at 143.32. Check the full technical report for our detailed analysis of LRCX support and resistance levels.