KLA CORP.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
Volume:	-

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Type:	Stocks
Ticker:	KLAC
ISIN:

KLA CORP. - Daily - Technical analysis published on 05/07/2024 (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

83%

11%

My opinion

Bullish above 681.06 USD

My targets

730.59 USD (+1.86%)

771.89 USD (+7.62%)

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 681.06 USD. The buyers' bullish objective is set at 730.59 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 771.89 USD. If there is any crossing, the next objective would be the resistance located at 825.60 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.2

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The KLA CORP. rating is 717.24 USD. The price registered a decrease of -0.16% on the session with the lowest point at 711.57 USD and the highest point at 718.38 USD. The deviation from the price is +0.80% for the low point and -0.16% for the high point.

711.57

718.38

717.24

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a 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. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

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

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of channel

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	510.72	628.16	681.06	717.24	723.26
Change (%)	-28.79%	-12.42%	-5.04%	-	+0.84%
Change	-206.52	-89.08	-36.18	-	+6.02
Level	Intermediate	Major	Minor	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	684.14	691.11	704.75	711.72	725.36	732.33	745.97
Camarilla	712.71	714.60	716.49	718.38	720.27	722.16	724.05
Woodie	687.47	692.78	708.08	713.39	728.69	734.00	749.30
Fibonacci	691.11	698.99	703.85	711.72	719.60	724.46	732.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	611.59	637.04	666.82	692.27	722.05	747.50	777.28
Camarilla	681.40	686.47	691.53	696.59	701.65	706.72	711.78
Woodie	613.75	638.12	668.98	693.35	724.21	748.58	779.44
Fibonacci	637.04	658.14	671.18	692.27	713.37	726.41	747.50

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	540.57	581.87	635.58	676.88	730.59	771.89	825.60
Camarilla	663.16	671.87	680.58	689.29	698.00	706.71	715.42
Woodie	546.78	584.97	641.79	679.98	736.80	774.99	831.81
Fibonacci	581.87	618.16	640.59	676.88	713.17	735.60	771.89

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	58.21
MACD (12,26,9):	6.1100
Directional Movement:	9.98
AROON (14):	78.57
DEMA (21):	691.87
Parabolic SAR (0,02-0,02-0,2):	653.75
Elder Ray (13):	25.03
Super Trend (3,10):	651.49
Zig ZAG (10):	716.03
VORTEX (21):	0.9800
Stochastique (14,3,5):	91.56
TEMA (21):	696.17
Williams %R (14):	-2.64
Chande Momentum Oscillator (20):	88.02
Repulse (5,40,3):	2.4200
ROCnROLL:	1
TRIX (15,9):	-0.0200
Courbe Coppock:	8.56

MA7:	697.52
MA20:	678.59
MA50:	689.06
MA100:	645.06
MAexp7:	698.52
MAexp20:	686.45
MAexp50:	675.34
MAexp100:	643.30
Price / MA7:	+2.83%
Price / MA20:	+5.70%
Price / MA50:	+4.09%
Price / MA100:	+11.19%
Price / MAexp7:	+2.68%
Price / MAexp20:	+4.49%
Price / MAexp50:	+6.20%
Price / MAexp100:	+11.49%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on KLA CORP. at the time of the generation of this analysis was as follows:

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

About author

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