LAM RESEARCH CORP (LRCX)

US5128071082 - Common Stock

925.37  +23.9 (+2.65%)

After market: 925.37 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, LRCX scores 7 out of 10 in our technical rating. In the last year, LRCX was one of the better performers, but we do observe some doubts in the very recent evolution.

When comparing the yearly performance of all stocks, we notice that LRCX is one of the better performing stocks in the market, outperforming 92% of all 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 107 other stocks in this industry. LRCX outperforms 82% of them.
LRCX 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 LRCX is performing more or less in line with the market.
LRCX has an average volume of 1031540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month LRCX has a been trading in the 857.98 - 1001.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
LRCX Weekly chart
LRCX Daily chart
Setup Rating and Analysis

4

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.

Support and Resistance Analysis

678.74

1,004.53

3 important support areas can be observed.

  • A support zone ranging from 868.06 to 875.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @713.57 from a trend line in the weekly time frame.
  • Support @685.60 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 981.54 to 994.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.66
Mansfield1.34
10 Day High981.23
10 Day Low857.98
20 Day High1001.84
20 Day Low857.98
52 Week High1007.39
52 Week Low507.19
Performance
1 Week1.41%
2 Weeks-8.34%
1 Month-6.65%
3 Month7.44%
6 Month54.36%
12 Month72.01%
2 Year93.55%
3 Year45.29%
5 Year334.59%
10 Year1464.78%
15 Year3133.39%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-8.65
RSI(14)43.53
LBB844.9
UBB1007.31
LRCX Daily chart

LAM RESEARCH CORP

NASDAQ:LRCX (4/26/2024, 3:20:03 PM)

After market: 925.37 0 (0%)

925.37

+23.9 (+2.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg2.65%
1 Week1.41%
2 Weeks-8.34%
1 Month-6.65%
3 Month7.44%
6 Month54.36%
12 Month72.01%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)29.06
ATR(20)%3.22%
ATR Inc
Range Today32.17
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High981.23
10 Day Low857.98
20 Day High1001.84
20 Day Low857.98
52 Week High1007.39
52 Week Low507.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.32M
Volume Incr68.38%
Vol(5)1.49M
Vol(50)1.03M