| KLAC latest price $502.0900 (0.67%) ($493.7100 - $505.6500) on Thu. Aug. 31, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.14% (three month average) |
RSI | 60 |
Latest Price | $502.0900(0.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | KLAC advances 1.1% a day on average for past five trading days. |
Weekly Trend | KLAC advances 1.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support KLAC advance at 0% a week (0% probability) FIVG(98%) IVE(97%) VFMO(93%) VUG(92%) IWF(91%) |
Factors Impacting KLAC price | KLAC will decline at least -1.07% in a week (0% probabilities). VXX(-87%) VIXM(-75%) TBT(-29%) UUP(-28%) UNG(-19%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.07% (StdDev 2.14%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
| |
|
|