Technical Analysis for LRCX - Lam Research Corporation

Grade Last Price % Change Price Change
C 936.13 2.64% 24.06
LRCX closed down 3.27 percent on Friday, May 17, 2024, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 2.64%
Expansion Pivot Sell Setup Bearish Swing Setup 2.64%
20 DMA Support Bullish 2.64%
Gapped Up Strength 2.64%
Overbought Stochastic Strength 2.64%
Upper Bollinger Band Touch Strength 2.64%
NR7 Range Contraction -0.72%
Stochastic Reached Overbought Strength -0.72%
Overbought Stochastic Strength -0.72%
Upper Bollinger Band Touch Strength -0.72%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout 11 minutes ago
Rose Above 50 DMA about 1 hour ago
50 DMA Resistance about 1 hour ago
Up 2% about 1 hour ago
Rose Above 10 DMA about 1 hour ago

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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 964,252
200-Day Moving Average 778.06
50-Day Moving Average 933.11
20-Day Moving Average 907.27
10-Day Moving Average 919.47
Average True Range 26.21
RSI (14) 48.19
ADX 12.15
+DI 27.28
-DI 30.18
Chandelier Exit (Long, 3 ATRs) 876.44
Chandelier Exit (Short, 3 ATRs) 936.61
Upper Bollinger Bands 949.57
Lower Bollinger Band 864.98
Percent B (%b) 0.56
BandWidth 9.32
MACD Line -0.72
MACD Signal Line -4.88
MACD Histogram 4.1604
Fundamentals Value
Market Cap 119.58 Billion
Num Shares 131 Million
EPS 25.90
Price-to-Earnings (P/E) Ratio 35.22
Price-to-Sales 8.35
Price-to-Book 14.54
PEG Ratio 3.20
Dividend 7.45
Dividend Yield 0.82%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 985.62
Resistance 3 (R3) 991.70 973.28 973.36
Resistance 2 (R2) 973.28 954.55 970.23 969.27
Resistance 1 (R1) 942.67 942.98 933.46 936.59 965.19
Pivot Point 924.25 924.25 919.64 921.20 924.25
Support 1 (S1) 893.64 905.52 884.43 887.55 858.95
Support 2 (S2) 875.22 893.95 872.17 854.87
Support 3 (S3) 844.61 875.22 850.78
Support 4 (S4) 838.52