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Stock Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

Lam Research Corporation (NASDAQ:LRCX)

Sidelines Mode (+55) - LRCX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low LRCX Price Change
630.08 637.00 612.90 618.31 -12.57
Entry Signal

MarketClub’s Trade Triangles for LRCX

long term up The long-term trend has been UP since Feb 1st, 2023 at 504.55

intermediate term down The intermediate-term trend has been DOWN since Sep 15th, 2023 at 646.51

short term up The short-term trend has been UP since Sep 28th, 2023 at 623.01

Smart Scan Analysis for LRCX

Based on our trend formula, LRCX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for LRCX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
630.08 637.00 612.90 618.31 -12.57
Prev. Close Volume Bid Ask Time
630.88 825478 2023-10-03 15:59:59
Year High234.88Year High Date2018-03-13
Year Low133.42Year Low Date2018-10-29
52wk High726.52552wk High Date2023-07-31
52wk Low299.59252wk Low Date2022-10-13
Year End Close36.13Average Volume1,102,022
Shares Outstanding132,512Short Interest6,854,370
% Institutional92.8Market Cap33,822M
P/E Ratio18.9967Beta1.26
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