|
|
Archive
- 12/13/2024 -
Sign In to see current Signals. |
KLA-Tencor Corp. (KLAC) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the KLA-Tencor Corp. (KLAC). During the week, the KLAC climbed 5.46 points, or 0.84%, and closed at 653.80 on Friday, December 13, 2024. KLAC was trading at average weekly trading volume.
KLAC is a member of Semiconductor Equipment Industry. Semiconductor Equipment is the fourth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See KLAC long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 250.20 and reached 896.32 on July 11, 2024. KLAC gained -646.12 points, or -258.24%, in 91 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See KLAC medium-term trend chart]
A medium-term downtrend had started on July 11, 2024 at 896.32 and reached 609.40 on November 19, 2024. KLAC lost 286.92 points, or 32.01%, in 18 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (650.11). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See KLAC weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since July 19, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See KLAC short-term trend chart]
A short-term uptrend had started on November 19, 2024 at 609.40 and reached 670.50 on December 4, 2024. KLAC gained -61.10 points, or -10.03%, in 15 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 639.95 and resistance is at 697.52. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.
 Daily Technical Indicators: [See KLAC daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since November 21, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|