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LAM RESEARCH CORP.
LAM RESEARCH CORP.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: LRCX
ISIN:

LAM RESEARCH CORP. - 1H - Technical analysis published on 06/11/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 990.64 USD
My targets
1,013.12 USD (+1.00%)
1,051.95 USD (+4.87%)
My analysis
The bullish trend is currently very strong on LAM RESEARCH CORP.. As long as the price remains above the support at 990.64 USD, you could try to benefit from the boom. The first bullish objective is located at 1,013.12 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,051.95 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4

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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15 min. Daily Weekly

Additional analysis

Quotes

The LAM RESEARCH CORP. price is 1,003.07 USD. The price registered an increase of +4.19% on the session and was traded between 955.02 USD and 1,008.50 USD over the period. The price is currently at +5.03% from its lowest and -0.54% from its highest.

955.02
1,008.50
1,003.07

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by LAM RESEARCH CORP.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of LAM RESEARCH CORP. in 1H 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.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

White morning star

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 903.01 954.85 990.64 1,003.07
Change (%) -9.98% -4.81% -1.24% -
Change -100.06 -48.22 -12.43 -
Level Intermediate Major Major -



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard937.90946.68954.70963.48971.50980.28988.30
Camarilla958.10959.64961.18962.72964.26965.80967.34
Woodie937.52946.49954.32963.29971.12980.09987.92
Fibonacci946.68953.10957.06963.48969.90973.86980.28


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard859.86885.06923.89949.09987.921,013.121,051.95
Camarilla945.11950.98956.85962.72968.59974.46980.33
Woodie866.68888.47930.71952.50994.741,016.531,058.77
Fibonacci885.06909.52924.63949.09973.55988.661,013.12


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard734.90798.49865.47929.06996.041,059.631,126.61
Camarilla896.53908.50920.47932.44944.41956.38968.35
Woodie736.59799.34867.16929.91997.731,060.481,128.30
Fibonacci798.49848.37879.19929.06978.941,009.761,059.63

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): 76.16
MACD (12,26,9): 13.5300
Directional Movement: 26.87
AROON (14): 42.86
DEMA (21): 993.75
Parabolic SAR (0,02-0,02-0,2): 967.98
Elder Ray (13): 19.18
Super Trend (3,10): 974.67
Zig ZAG (10): 1,003.07
VORTEX (21): 1.1700
Stochastique (14,3,5): 91.44
TEMA (21): 1,001.32
Williams %R (14): -10.15
Chande Momentum Oscillator (20): 39.02
Repulse (5,40,3): 1.0700
ROCnROLL: 1
TRIX (15,9): 0.1600
Courbe Coppock: 6.50
MA7: 955.79
MA20: 949.26
MA50: 935.66
MA100: 921.32
MAexp7: 993.64
MAexp20: 977.24
MAexp50: 961.83
MAexp100: 952.04
Price / MA7: +4.95%
Price / MA20: +5.67%
Price / MA50: +7.20%
Price / MA100: +8.87%
Price / MAexp7: +0.95%
Price / MAexp20: +2.64%
Price / MAexp50: +4.29%
Price / MAexp100: +5.36%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


Don't forget to follow the news on LAM RESEARCH CORP.. At the time of publication of this analysis, the latest news was as follows:

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

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