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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 06/27/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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: Bullish
Underlying: Bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 1,043.24 USD
My targets
1,069.12 USD (+1.29%)
1,089.58 USD (+3.23%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on LAM RESEARCH CORP. as long as the price remains well above 1,043.24 USD. The buyers' bullish objective is set at 1,069.12 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,089.58 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.5

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.

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

Additional analysis

Quotes

The LAM RESEARCH CORP. rating is 1,055.48 USD. The price is lower by -0.03% since the last closing with the lowest point at 1,048.05 USD and the highest point at 1,084.76 USD. The deviation from the price is +0.71% for the low point and -2.70% for the high point.

1,048.05
1,084.76
1,055.48

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 this 1H chart of LAM RESEARCH CORP. indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour


Bullish harami cross

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 990.58 1,012.45 1,043.24 1,055.48 1,069.12 1,089.58
Change (%) -6.15% -4.08% -1.16% - +1.29% +3.23%
Change -64.90 -43.03 -12.24 - +13.64 +34.10
Level Major Minor Minor - Minor Major



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
Standard1,015.461,028.871,042.311,055.721,069.161,082.571,096.01
Camarilla1,048.381,050.841,053.301,055.761,058.221,060.681,063.14
Woodie1,015.491,028.881,042.341,055.731,069.191,082.581,096.04
Fibonacci1,028.871,039.121,045.461,055.721,065.971,072.311,082.57


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard944.62986.351,018.351,060.081,092.081,133.811,165.81
Camarilla1,030.071,036.831,043.591,050.351,057.111,063.871,070.63
Woodie939.76983.921,013.491,057.651,087.221,131.381,160.95
Fibonacci986.351,014.521,031.921,060.081,088.251,105.651,133.81


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard733.52797.00863.85927.33994.181,057.661,124.51
Camarilla894.86906.81918.75930.70942.65954.59966.54
Woodie735.21797.84865.54928.17995.871,058.501,126.20
Fibonacci797.00846.79877.54927.33977.121,007.871,057.66

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): 51.79
MACD (12,26,9): 2.0300
Directional Movement: -2.34
AROON (14): 7.15
DEMA (21): 1,055.33
Parabolic SAR (0,02-0,02-0,2): 1,045.57
Elder Ray (13): 0.53
Super Trend (3,10): 1,041.38
Zig ZAG (10): 1,056.51
VORTEX (21): 1.0400
Stochastique (14,3,5): 32.67
TEMA (21): 1,056.86
Williams %R (14): -68.13
Chande Momentum Oscillator (20): -5.68
Repulse (5,40,3): -0.4300
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 1.92
MA7: 1,055.59
MA20: 1,009.49
MA50: 953.61
MA100: 945.57
MAexp7: 1,055.28
MAexp20: 1,053.10
MAexp50: 1,048.23
MAexp100: 1,030.53
Price / MA7: -0.01%
Price / MA20: +4.56%
Price / MA50: +10.68%
Price / MA100: +11.62%
Price / MAexp7: +0.02%
Price / MAexp20: +0.23%
Price / MAexp50: +0.69%
Price / MAexp100: +2.42%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


The latest news and videos published on LAM RESEARCH 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.

About author

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