Technical Analysis for LRCX - Lam Research Corporation

Grade Last Price % Change Price Change
C 942.90 -0.51% -4.85
LRCX closed down 0.51 percent on Thursday, May 16, 2024, on 84 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
14 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Crossed Above 50 DMA Bullish -0.51%
Expansion Pivot Buy Setup Bullish Swing Setup -0.51%
BB Squeeze Ended Range Expansion -0.51%
Above Upper BB Strength -0.51%
Gapped Up Strength -0.51%
Upper Bollinger Band Touch Strength -0.51%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 4 hours ago
60 Minute Opening Range Breakout about 4 hours ago
Expansion Pivot Buy Entry about 8 hours ago
Rose Above Previous Day's High about 8 hours ago
Fell Below Upper Bollinger Band about 8 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Lam Research Corporation Description

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipments used in the fabrication of integrated circuits. The company provides etch products that remove portions of various films from the wafer in the creation of semiconductor devices. Its etch products include dielectric etch, conductor etch, three-dimensional integrated circuit etch, MEMS devices, CMOS image sensors, and power devices for etching process. The company also offers deposition systems that use chemical vapor deposition (CVD), physical vapor deposition, and electrochemical deposition processes to form transistor, capacitor, and interconnect layers in an integrated circuit; and photoresist strip products to remove photoresist from a wafer's surface after the photolithographic circuitry patterning process to remove any film residues and particles before proceeding with the next deposition step in the manufacturing process. In addition, it provides single-wafer wet clean and plasma-based bevel clean systems for use in wafer cleaning steps, such as post-etch and post-strip cleans, and pre-diffusion and pre-deposition cleans; and a suite of deposition, strip, and polishing/grinding process equipment solutions for LED manufacturing, primarily for substrates of sapphire, silicon carbide, silicon, gallium arsenide, and gallium nitride. The company offers its products to semiconductor manufacturers in the North America, Korea, Taiwan, Japan, the Asia Pacific, and Europe. Lam Research Corporation has a strategic collaboration with Axcelis Technologies, Inc. on Ion Implant, Dry-Strip, and Etch processes. The company was founded in 1980 and is headquartered in Fremont, California.


Classification

Sector: Technology
Industry: Semiconductor Equipment & Materials
Keywords: S&P 500 Nasdaq 100 Semiconductor Integrated Circuits Semiconductor Device Fabrication Manufacturing Process Semiconductor Devices Transistor Wafer Materials Science Dielectric Capacitor Chemical Vapor Deposition Process Equipment Semiconductor Manufacturers Image Sensor Gallium Nitride CMOS Gallium Microtechnology Gallium Arsenide Microelectromechanical Systems Semiconductor Processing MEMS Silicon Carbide Photolithography Power Devices Process Equipment Solution Semiconductor Processing Equipment

Is LRCX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1005.2263
52 Week Low 553.4877
Average Volume 967,967
200-Day Moving Average 776.90
50-Day Moving Average 934.72
20-Day Moving Average 905.18
10-Day Moving Average 919.12
Average True Range 24.46
RSI (14) 55.95
ADX 12.7
+DI 31.49
-DI 23.30
Chandelier Exit (Long, 3 ATRs) 881.70
Chandelier Exit (Short, 3 ATRs) 931.35
Upper Bollinger Bands 950.36
Lower Bollinger Band 860.01
Percent B (%b) 0.92
BandWidth 9.98
MACD Line -0.14
MACD Signal Line -5.92
MACD Histogram 5.7781
Fundamentals Value
Market Cap 123.62 Billion
Num Shares 131 Million
EPS 25.90
Price-to-Earnings (P/E) Ratio 36.41
Price-to-Sales 8.35
Price-to-Book 14.54
PEG Ratio 3.20
Dividend 7.45
Dividend Yield 0.79%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 961.76
Resistance 3 (R3) 963.72 959.39 958.61
Resistance 2 (R2) 959.39 954.59 958.41 957.56
Resistance 1 (R1) 951.15 951.63 948.99 949.19 956.52
Pivot Point 946.82 946.82 945.74 945.84 946.82
Support 1 (S1) 938.58 942.02 936.42 936.62 929.28
Support 2 (S2) 934.25 939.06 933.27 928.24
Support 3 (S3) 926.01 934.25 927.19
Support 4 (S4) 924.05