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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Lam Research Corporation (NASDAQ:LRCX)
Bull Market Weakness (+75) - LRCX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LRCX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LRCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for LRCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LRCX
The long-term trend has been UP since Nov 20th, 2023 at 719.490
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 944.000
The short-term trend has been UP since May 6th, 2024 at 912.615
Smart Scan Analysis for LRCX
Based on our trend formula, LRCX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 903.170 | 914.000 | 899.000 | 913.375 | -1.535 |
| Prev. Close | Volume | Bid | Ask | Time |
| 913.280 | 415856 | 2024-05-08 15:59:40 |
| Year High | 234.88 | Year High Date | 2018-03-13 |
| Year Low | 133.42 | Year Low Date | 2018-10-29 |
| 52wk High | 1007.39 | 52wk High Date | 2024-03-07 |
| 52wk Low | 520.05 | 52wk Low Date | 2023-05-10 |
| Year End Close | 36.13 | Average Volume | 1,095,073 |
| Shares Outstanding | 131,103 | Short Interest | 6,854,370 |
| % Institutional | 92.8 | Market Cap | 33,822M |
| Assets | 182,796,500M | Liabilities | 102,575,490M |
| P/E Ratio | 33.5395 | Beta | 1.26 |
| Volatility | 39.68 |