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Stock Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Lam Research Corporation (NASDAQ:LRCX)

Long-Term Uptrend (+90) - LRCX is in a strong uptrend that is likely to continue. While LRCX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
1059.97 1064.57 1038.71 1050.17 -11.14
Entry Signal

MarketClub’s Trade Triangles for LRCX

long term up The long-term trend has been UP since Nov 20th, 2023 at 719.49

intermediate term up The intermediate-term trend has been UP since May 15th, 2024 at 934.53

short term up The short-term trend has been UP since Jun 5th, 2024 at 952.39

Smart Scan Analysis for LRCX

Based on our trend formula, LRCX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for LRCX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1059.97 1064.57 1038.71 1050.17 -11.14
Prev. Close Volume Bid Ask Time
1050.35 928877 2024-06-21 15:59:35
Year High234.88Year High Date2018-03-13
Year Low133.42Year Low Date2018-10-29
52wk High1101.8152wk High Date2024-06-18
52wk Low574.4252wk Low Date2023-10-31
Year End Close36.13Average Volume980,748
Shares Outstanding131,103Short Interest6,854,370
% Institutional92.8Market Cap33,822M
Assets182,796,500MLiabilities102,575,490M
P/E Ratio38.9758Beta1.26
Volatility39.68
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