KLA CORP.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	KLAC
ISIN:

KLA CORP. - Daily - Technical analysis published on 01/18/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 557.59 USD

My targets

610.12 USD (+4.18%)

638.93 USD (+9.10%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on KLA CORP. as long as the price remains well above 557.59 USD. The buyers' bullish objective is set at 610.12 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 638.93 USD. If there is any crossing, the next objective would be the resistance located at 680.44 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The KLA CORP. rating is 585.66 USD. On the day, this instrument gained +4.12% with the lowest point at 577.00 USD and the highest point at 591.99 USD. The deviation from the price is +1.50% for the low point and -1.07% for the high point.

577.00

591.99

585.66

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by KLA CORP.:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of KLA CORP. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	453.83	499.72	557.59	585.66	591.47
Change (%)	-22.51%	-14.67%	-4.79%	-	+0.99%
Change	-131.83	-85.94	-28.07	-	+5.81
Level	Intermediate	Major	Intermediate	-	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	544.42	548.63	555.57	559.78	566.72	570.93	577.87
Camarilla	559.43	560.46	561.48	562.50	563.52	564.54	565.57
Woodie	545.78	549.31	556.93	560.46	568.08	571.61	579.23
Fibonacci	548.63	552.89	555.52	559.78	564.04	566.67	570.93

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	533.95	541.40	551.00	558.45	568.05	575.50	585.10
Camarilla	555.92	557.48	559.05	560.61	562.17	563.74	565.30
Woodie	535.04	541.94	552.09	558.99	569.14	576.04	586.19
Fibonacci	541.40	547.91	551.93	558.45	564.96	568.98	575.50

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	469.48	498.29	539.80	568.61	610.12	638.93	680.44
Camarilla	561.96	568.41	574.85	581.30	587.75	594.19	600.64
Woodie	475.82	501.47	546.14	571.79	616.46	642.11	686.78
Fibonacci	498.29	525.16	541.75	568.61	595.48	612.07	638.93

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	62.63
MACD (12,26,9):	4.1600
Directional Movement:	16.84
AROON (14):	-35.72
DEMA (21):	571.18
Parabolic SAR (0,02-0,02-0,2):	543.49
Elder Ray (13):	18.08
Super Trend (3,10):	541.58
Zig ZAG (10):	590.03
VORTEX (21):	0.8500
Stochastique (14,3,5):	55.57
TEMA (21):	565.98
Williams %R (14):	-13.70
Chande Momentum Oscillator (20):	8.59
Repulse (5,40,3):	3.9400
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	5.16

MA7:	564.67
MA20:	568.73
MA50:	554.11
MA100:	513.57
MAexp7:	568.32
MAexp20:	564.77
MAexp50:	548.90
MAexp100:	523.30
Price / MA7:	+3.72%
Price / MA20:	+2.98%
Price / MA50:	+5.69%
Price / MA100:	+14.04%
Price / MAexp7:	+3.05%
Price / MAexp20:	+3.70%
Price / MAexp50:	+6.70%
Price / MAexp100:	+11.92%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on KLA CORP. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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