Stock Analysis: Lam Research Corp (LRCX)

Stock Analysis for Lam Research Corp (LRCX)

The Interpreter
Hey Friend, I'm analysing LAM RESEARCH CORP (LRCX), and it is between the Support of $ 941.12 (PivotS1) and the Resistance of $ 959.62 (Triangle Projection Level 0). The stock is falling and may come close and reach $ 941.12 soon.

Lam Research Corp (LRCX)

$ 870.25 -2.1%

Last Close 19-Apr-24

Trade LRCX Now

Supports

Next Support: $ 941.12

Pivot S1: $ 941.12
Fibonacci 200%: $ 727.32
Triangle Level (0): $ 719.05

Resistances

Next Resistance: $ 959.62

Pivot: $ 971.46
Triangle Level (0): $ 959.62

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 11 Apr 2024	Buy Price: 983.48	Loss: Close Day2 ($ 946.17)	Abandoned Baby	Buy
002 11 Jan 2024	Buy Price: 760.20	Profit: Open Day1 ($ 760.73)	Engulfing	Buy
003 18 Dec 2023	Sell Price: 769.56	Profit: Close Day2 ($ 754.93)	Engulfing	Sell
004 18 Dec 2023	Sell Price: 769.92	Profit: Close Day2 ($ 754.93)	Dark Cloud Cover	Sell
005 29 Nov 2023	Buy Price: 713.99	Profit: Open Day1 ($ 718.80)	Abandoned Baby	Buy
006 31 Oct 2023	Buy Price: 588.22	Profit: Open Day1 ($ 592.87)	Abandoned Baby	Buy
007 24 Oct 2023	Buy Price: 604.02	Loss: Close Day2 ($ 585.13)	Abandoned Baby	Buy
008 27 Sep 2023	Buy Price: 613.92	Profit: Close Day1 ($ 627.52)	Abandoned Baby	Buy
009 14 Sep 2023	Sell Price: 656.43	Profit: Open Day1 ($ 646.98)	Engulfing	Sell
010 14 Sep 2023	Sell Price: 656.39	Profit: Open Day1 ($ 646.98)	Dark Cloud Cover	Sell
011 08 Aug 2023	Sell Price: 696.00	Profit: Close Day1 ($ 686.05)	Abandoned Baby	Sell
012 31 May 2023	Sell Price: 616.70	Profit: Close Day2 ($ 613.67)	Abandoned Baby	Sell
013One Year Average	Both Sides Result for 12 Signals	Profit: $ 28.85 ($ 2.40 / Signal) +4.1% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for LRCX Below.

Please Subscribe to See
The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	879.59	SELL	2	880.82	SELL
3	890.48	SELL	3	891.34	SELL
5	916.17	SELL	5	907.57	SELL
8	935.37	SELL	8	922.68	SELL
13	947.86	SELL	13	935.48	SELL
21	957.51	SELL	21	942.35	SELL
34	953.86	SELL	34	938.67	SELL
55	933.74	SELL	55	918.22	SELL
90	874.47	SELL	90	877.66	SELL
200	754.89	BUY	200	779.65	BUY

Company Info +

Name & IPO

Lam Research Corp
IPO: 1984-05-11

Stock Ticker & Exchange

Ticker: LRCXIndices: S&P 500, Nasdaq 100,
Exchange: Nasdaq Nms - Global Market (US - USD)

Contact

Website: http://www.lamresearch.com
Phone:

Stock Type

Common Stock

SIC Office

Technology ()

Industry

Special Industry Machinery, Nec

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.