LAM RESEARCH CORP (LRCX) Stock Technical Analysis
USA - NASDAQ:LRCX - US5128073062 - Common Stock
Taking everything into account, LRCX scores 10 out of 10 in our technical rating. 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.
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
113.73
We found 3 important support areas.
- Support @155.90 from a trend line in the daily time frame.
- Support @141.24 from a horizontal line in the daily time frame.
- Support @114.88 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @165.06 from a horizontal 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 | 95.75 | POSITIVE | LRCX has a high relative strength, it outperformed 95.75% 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) | 60.75 | NEUTRAL | The RSI value for LRCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests LRCX has a negative trend. |
| Stochastics (14,3) | 84.29 | OVERBOUGHT | The high Stochastics value suggests LRCX may be overbought. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for LRCX suggests some volalility. |
| Average Directional Index/ADX (14) | 25.2 | POSITIVE | The high ADX value value for LRCX suggests a strong 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 |
|---|---|---|---|
| 165.07 | 155.89 | 9.18 (5.56%) | 17.98% |
| An entry @165.07. This is a Buy Stop order right above the resistance zone. | An exit @155.89. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 9.18 points, which is 5.56%. | When investing 17.98% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of LRCX. Please evaluate whether better entry and exit points can be found.
- 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.
159.35
-2.84 (-1.75%)
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 60.7468. 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 155.9 and a resistance level at 165.06. Check the full technical report for our detailed analysis of LRCX support and resistance levels.