KLA CORP (KLAC)
US4824801009 - Common Stock
We assign a technical rating of 10 out of 10 to KLAC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KLAC is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that KLAC is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by KLAC over the past year are nicely spread over this period.
KLAC is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. KLAC outperforms 85% of them.
KLAC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
KLAC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, KLAC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 770.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 762.40, a Stop Loss order could be placed below this zone.
More info and screens
587.93
794.01
We found 3 important support areas.
- A support zone ranging from 750.55 to 762.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 669.31 to 676.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @593.87 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 770.51 to 786.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.34
Mansfield1.87
10 Day High791.96
10 Day Low735.56
20 Day High791.96
20 Day Low705.18
52 Week High791.96
52 Week Low440.15
Performance
1 Week1.24%
2 Weeks0.51%
1 Month8.2%
3 Month9.98%
6 Month43.89%
12 Month65.14%
2 Year141%
3 Year137.18%
5 Year550.57%
10 Year958.6%
15 Year2945.43%
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)-1.85
RSI(14)57.19
LBB749.59
UBB790.39
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 |
|---|---|---|---|
| 786.16 | 750.54 | 35.62 (4.53%) | 22.07% |
| An entry @786.16. This is a Buy Stop order right above the resistance zone. | An exit @750.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 35.62 points, which is 4.53%. | When investing 22.07% 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.
KLA CORP
NASDAQ:KLAC (6/7/2024, 7:00:02 PM)
After market: 768.97 0 (0%)768.97
-10.29 (-1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.32%
1 Week1.24%
2 Weeks0.51%
1 Month8.2%
3 Month9.98%
6 Month43.89%
12 Month65.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)22.66
ATR(20)%2.82%
ATR Inc
Range Today23.94
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 High791.96
10 Day Low735.56
20 Day High791.96
20 Day Low705.18
52 Week High791.96
52 Week Low440.15
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume736.00K
Volume Incr-13.43%
Vol(5)678.16K
Vol(50)830.88K