Trading Signals: LRCX Stock Price Prediction and Forecast

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Tue. Aug. 29, 2023

Trading Signals: LRCX Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Oct. 27, 2023)

(Lam Research Corp)
LRCX latest price $685.5400 (3.04%) ($685.5400 - $691.7900) on Tue. Aug. 29, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.27% (three month average)
RSI   48
Latest Price   $685.5400(3.04%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   LRCX advances 0.6% a day on average for past five trading days.
Weekly Trend   LRCX advances 0.1% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support LRCX advance at 0% a week (0% probability)
IVW(84%)    QQQ(84%)    SPY(81%)    XLK(79%)    FIVG(78%)
Factors Impacting LRCX price   LRCX will decline at least -1.135% in a week (0% probabilities).
VXX(-70%)    VIXM(-66%)    TBT(-33%)    USO(-31%)    UUP(-17%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.135% (StdDev 2.27%)
Hourly BBV 1.5 ()
Intraday Trend 0%

5 Day Moving Average   $668.76(2.51%)
10 Day Moving Average   $663.41(3.34%)
20 Day Moving Average   $671.58(2.08%)
To recent high   -5.3%
To recent low   13%
Market Cap   $99.63b

Lam Research Corp. engages in manufacturing and servicing of wafer processing semiconductor manufacturing equipment. It operates through the following geographical segments: the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. It offers thin film deposition, plasma etch, photoresist strip, and wafer cleaning. The company was founded by David Lam on January 21, 1980 and is headquartered in Fremont, CA.

$. LRCX price fluctuates within 2.87% (three month std-dev: 2.27%) daily (68% of days).

Sample size 11 Average positive next day return: 1.96%(55%) Average negative next day return: -1.34%(45%) Sample size 11 Average positive next three day return: 8.05%(45%) Average negative next three day return: -2.23%(55%) Sample size 11 Average positive next weekly return: 6.61%(45%) Average negative next weekly return: -2.04%(55%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230929

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_29_2023	607.31	671.58	663.41	668.76	666.79	676.21	685.54(3.04%)	UT	OpenLong	75	0.9	293	90	344	140	0.76	59%	0.3	-38.7	2.27%	1.5	0.7	48	1.7
2	Aug_28_2023	605.47	672.84	660.26	665.1	663.64	662.69	665.32(0.8%)	UT	OpenLong	75	0	91	-20	113	25	0.48	56%	0.1	-26.9	2.26%	0.2	-0.4	39	1.5
3	Aug_25_2023	604.85	675.28	660.28	665.98	663.92	657.37	660.06(0.75%)	DP	OpenShort	-75	-0.3	-168	-80	-188	-107	0.51	64%	0.29	-8.6	2.31%	-0.6	-0.6	35	0.2
4	Aug_24_2023	603.12	678.31	659.53	664.61	666.5	664.59	655.16(-3.33%)	DT	OpenShort	-75	-0.4	-108	-10	-113	-91	0.68	64%	0.28	8	2.46%	-2.3	-1	40	-0.6
5	Aug_23_2023	601.44	680.69	662.4	663.29	666.13	670.48	677.73(1.58%)	N/A	N/A	0	0.6	98	60	130	0	0.87	67%	0.31	22.3	2.43%	1.5	-0.1	44	0.5

6	Aug_22_2023	599.61	679.13	662.87	657.03	659.64	668.41	667.22(-0.38%)	UD	OpenLong	75	0.4	155	100	201	16	0.63	67%	0.26	15.4	2.44%	0.8	-0.5	44	-0.5
7	Aug_21_2023	598.07	678.59	665.38	654.8	654.6	661.77	669.75(2.54%)	UT	OpenLong	75	0.6	209	80	268	31	0.64	67%	0.24	11.3	2.44%	2.5	-0.3	35	-0.5
8	Aug_18_2023	596.61	677.33	668.48	654.22	651.03	650.87	653.17(0.71%)	N/A	N/A	0	-0	4	-20	29	-71	0.74	68%	0.21	6.4	2.43%	1	-0.8	29	-1.4
9	Aug_17_2023	595.34	676.42	672.08	653.93	654.45	647.43	648.58(0.33%)	DP	OpenShort	-75	-0.2	-103	-70	-94	-131	0.64	70%	0.23	4.2	2.48%	-1.3	-0.9	26	-2.3
10	Aug_16_2023	593.97	675.27	676.52	661.42	655.23	651.18	646.41(-1.47%)	DT	OpenShort	-75	-0.5	-306	-70	-335	-218	0.8	70%	0.29	7.6	2.5%	-2	-0.9	36	-1

11	Aug_15_2023	592.27	675.3	680.66	669.47	665.16	661.48	656.09(-1.61%)	DT	OpenShort	-75	-0.4	-63	-60	-57	-80	0.46	72%	0.28	17.7	2.49%	-1.2	-0.6	57	-0.8
12	Aug_14_2023	590.6	675.63	686.71	677.48	672.77	659.27	666.85(2.32%)	DP	OpenShort	-75	-0.3	-248	-160	-285	-136	0.91	72%	0.29	31.2	2.54%	-0.3	-0.3	57	0.9
13	Aug_11_2023	588.88	675.49	691.74	685.1	680.21	668.83	651.73(-5%)	DT	OpenShort	-75	-1.1	-430	-140	-511	-188	1.51	72%	0.23	42.7	2.53%	-1.6	-0.8	57	0.2
14	Aug_10_2023	587.55	675.16	699.13	692.58	693.54	686.27	686(-0.1%)	CR	SmallShort	-20	-0.2	-86	-70	-120	16	0.64	77%	0.32	52.3	2.44%	-1.3	0.3	68	-0.6
15	Aug_9_2023	585.67	672.93	700.89	693.75	694.32	691.59	686.68(-1.36%)	N/A	N/A	0	-0.2	-149	-30	-204	15	0.81	77%	0.32	54.3	2.45%	-0.7	0.4	70	-0.6

16	Aug_8_2023	583.82	669.91	697.19	693.35	695.64	700.81	696.12(-1.26%)	UD	OpenLong	75	0.1	117	60	108	143	0.61	77%	0.32	51.7	2.45%	-0.2	0.8	64	-0.7
17	Aug_7_2023	581.93	666.18	693.23	697.55	692.66	697.06	704.97(2.3%)	UT	OpenLong	75	0.2	107	20	94	147	0.55	77%	0.36	51.2	2.45%	1	1.1	60	-0.6
18	Aug_4_2023	579.87	662.23	687.03	700.08	695.69	690.48	689.15(-0.38%)	N/A	N/A	0	-0.3	-14	-70	-49	90	0.53	78%	0.31	51.7	2.46%	-0.3	0.8	57	-1.6
19	Aug_3_2023	578.05	658.76	681.35	707.01	702.81	688.26	691.81(1.04%)	DP	OpenShort	-75	-0.4	-272	-160	-357	-18	0.94	78%	0.37	55	2.46%	-0.4	0.9	62	-0.7
20	Aug_2_2023	575.92	655.17	674.24	709.08	710.82	700.9	684.7(-4.52%)	DT	OpenShort	-75	-0.7	-288	-90	-375	-26	1.11	78%	0.35	54.9	2.48%	-1.6	0.9	61	-0.7

21	Aug_1_2023	573.93	652.33	669.95	700.54	715.19	717.37	717.11(-0.07%)	UD	OpenLong	75	0.5	184	80	181	191	0.75	84%	0.43	45.6	2.39%	-0.6	1.9	71	1.2
22	Jul_31_2023	571.45	648.61	663.6	687.51	696.41	720.74	717.63(-0.85%)	UD	OpenLong	75	1	353	280	384	260	0.88	84%	0.44	43.6	2.41%	0.4	2.2	72	1.5
23	Jul_28_2023	568.93	644.58	657.35	671.83	680	713.01	723.8(3.08%)	UT	OpenLong	75	1.9	996	380	1146	545	1.42	84%	0.43	40.5	2.41%	0.9	3	70	1.3
24	Jul_27_2023	566.51	639.95	648.2	652.44	658.15	672.08	702.18(9.38%)	UT	OpenLong	75	2.6	683	170	788	369	3	84%	0.39	32.9	2.38%	1.2	3.2	69	0.5
25	Jul_26_2023	564.33	636.63	641.34	635.17	639.31	646.98	641.97(-1.54%)	UD	OpenLong	75	0.5	142	100	159	89	0.98	82%		24.6	2.15%	-0.1	0.4	58	1.9
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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