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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Lam Research Corporation (NASDAQ:LRCX)
Weak Downtrend (-65) - LRCX is showing signs of a strengthening downtrend. Monitor LRCX as it may be building momentum to the downside.
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 719.49
The intermediate-term trend has been DOWN since Jul 17th, 2024 at 1012.45
The short-term trend has been DOWN since Jul 11th, 2024 at 1085.24
Smart Scan Analysis for LRCX
Based on our trend formula, LRCX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 908.10 | 908.66 | 889.04 | 894.30 | +10.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 884.12 | 892042 | 2024-07-26 15:59:45 |
| Year High | 234.88 | Year High Date | 2018-03-13 |
| Year Low | 133.42 | Year Low Date | 2018-10-29 |
| 52wk High | 1130 | 52wk High Date | 2024-07-11 |
| 52wk Low | 574.42 | 52wk Low Date | 2023-10-31 |
| Year End Close | 36.13 | Average Volume | 1,026,368 |
| Shares Outstanding | 130,741 | Short Interest | 6,854,370 |
| % Institutional | 92.8 | Market Cap | 33,822M |
| Assets | 182,796,500M | Liabilities | 102,575,490M |
| P/E Ratio | 32.4686 | Beta | 1.26 |
| Volatility | 39.68 |
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