Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

Lam Research Corporation (NASDAQ:LRCX)

Bear Market Rally (-75) - LRCX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on LRCX as it may be in the beginning 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.

NASDAQ_LRCX
Open High Low LRCX Price Change
488.0500 488.6250 457.4150 459.4699 -50.0701
Entry Signal

MarketClub’s Trade Triangles for LRCX

long term down The long-term trend has been DOWN since Jan 28th, 2022 at 535.01

intermediate term up The intermediate-term trend has been UP since Jul 20th, 2022 at 459.27

short term down The short-term trend has been DOWN since Aug 8th, 2022 at 504.80

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).

-75
Smart Scan Analysis for LRCX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
488.0500 488.6250 457.4150 459.4699 -50.0701
Prev. Close Volume Bid Ask Time
509.5400 1443961 2022-08-09 12:44:14
Year High234.88Year High Date2018-03-13
Year Low133.42Year Low Date2018-10-29
52wk High731.849252wk High Date2022-01-04
52wk Low375.8752wk Low Date2022-07-05
Year End Close36.13Average Volume1,472,381
Shares Outstanding138,715Short Interest6,854,370
% Institutional92.8Market Cap33,822M
Assets165,890,310MLiabilities105,625,410M
P/E Ratio15.9381Beta1.26
Volatility39.68
Get a free daily analysis and signals for Lam Research Corporation (LRCX) - Request Your Free Report.