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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Lam Research Corporation (NASDAQ:LRCX)

Long-Term Downtrend (-90) - LRCX is in a strong downtrend that is likely to continue. While LRCX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
70.05 70.52 69.56 70.13 -0.44
Entry Signal

MarketClub’s Trade Triangles for LRCX

long term down The long-term trend has been DOWN since Jul 30th, 2024 at 857.98

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2024 at 77.32

short term down The short-term trend has been DOWN since Nov 11th, 2024 at 75.23

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
70.05 70.52 69.56 70.13 -0.44
Prev. Close Volume Bid Ask Time
70.17 4702175 2024-11-19 15:59:33
Year High234.88Year High Date2018-03-13
Year Low133.42Year Low Date2018-10-29
52wk High11352wk High Date2024-07-11
52wk Low68.71852wk Low Date2023-12-05
Year End Close36.13Average Volume12,307,090
Shares Outstanding1,286,685Short Interest6,854,370
% Institutional92.8Market Cap33,822M
Assets195,324,890MLiabilities110,605,980M
P/E Ratio228.3819Beta1.26
Volatility39.68
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