| KLAC latest price $499.6050 (-2.89%) ($499.6050 - $499.6050) on Wed. Aug. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 57 |
Latest Price | $499.6050(-2.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | KLAC advances 1.7% a day on average for past five trading days. |
Weekly Trend | KLAC advances 3.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support KLAC advance at 0% a week (0% probability) SMH(96%) QQQ(76%) XLK(75%) IVW(67%) IWF(67%) |
Factors Impacting KLAC price | KLAC will decline at least -1.22% in a week (0% probabilities). VXX(-41%) VIXM(-41%) XLU(-13%) EDOC(-9%) IGOV(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.22% (StdDev 2.44%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0% |
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