KLA CORP. - Daily - Technical analysis published on 09/28/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 472.95 USD
My targets
448.88 USD (-2.81%)
435.20 USD (-5.77%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on KLA CORP. as long as the price remains well below 472.95 USD. The next bearish objective for sellers is set at 448.88 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 435.20 USD. In case of crossing, the next objective would be the support located at 396.93 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The KLA CORP. rating is 461.86 USD. The price has increased by +3.66% since the last closing and was between 443.71 USD and 463.01 USD. This implies that the price is at +4.09% from its lowest and at -0.25% from its highest.443.71
463.01
461.86
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by KLA CORP.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this KLA CORP. chart shows a slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 396.93 | 435.20 | 448.88 | 461.86 | 472.95 | 512.88 |
| Change (%) | -14.06% | -5.77% | -2.81% | - | +2.40% | +11.05% |
| Change | -64.93 | -26.66 | -12.98 | - | +11.09 | +51.02 |
| Level | Minor | Major | Intermediate | - | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 428.46 | 434.31 | 439.93 | 445.78 | 451.40 | 457.25 | 462.87 |
| Camarilla | 442.41 | 443.46 | 444.51 | 445.56 | 446.61 | 447.66 | 448.71 |
| Woodie | 428.36 | 434.25 | 439.83 | 445.72 | 451.30 | 457.19 | 462.77 |
| Fibonacci | 434.31 | 438.69 | 441.40 | 445.78 | 450.16 | 452.87 | 457.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 426.13 | 435.34 | 443.58 | 452.79 | 461.03 | 470.24 | 478.48 |
| Camarilla | 447.02 | 448.62 | 450.22 | 451.82 | 453.42 | 455.02 | 456.62 |
| Woodie | 425.65 | 435.10 | 443.10 | 452.55 | 460.55 | 470.00 | 478.00 |
| Fibonacci | 435.34 | 442.01 | 446.12 | 452.79 | 459.46 | 463.57 | 470.24 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 426.93 | 447.53 | 474.70 | 495.30 | 522.47 | 543.07 | 570.24 |
| Camarilla | 488.73 | 493.11 | 497.49 | 501.87 | 506.25 | 510.63 | 515.01 |
| Woodie | 430.22 | 449.17 | 477.99 | 496.94 | 525.76 | 544.71 | 573.53 |
| Fibonacci | 447.53 | 465.78 | 477.05 | 495.30 | 513.55 | 524.82 | 543.07 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 44.85 | |
| MACD (12,26,9): | -10.3400 | |
| Directional Movement: | -7.77 | |
| AROON (14): | -85.72 | |
| DEMA (21): | 454.74 | |
| Parabolic SAR (0,02-0,02-0,2): | 466.89 | |
| Elder Ray (13): | -7.50 | |
| Super Trend (3,10): | 482.36 | |
| Zig ZAG (10): | 461.16 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 14.73 | |
| TEMA (21): | 445.55 | |
| Williams %R (14): | -68.13 | |
| Chande Momentum Oscillator (20): | -24.45 | |
| Repulse (5,40,3): | 3.4900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2400 | |
| Courbe Coppock: | 18.84 |
| MA7: | 451.28 | |
| MA20: | 474.97 | |
| MA50: | 481.55 | |
| MA100: | 465.36 | |
| MAexp7: | 454.66 | |
| MAexp20: | 466.89 | |
| MAexp50: | 472.70 | |
| MAexp100: | 459.19 | |
| Price / MA7: | +2.34% | |
| Price / MA20: | -2.76% | |
| Price / MA50: | -4.09% | |
| Price / MA100: | -0.75% | |
| Price / MAexp7: | +1.58% | |
| Price / MAexp20: | -1.08% | |
| Price / MAexp50: | -2.29% | |
| Price / MAexp100: | +0.58% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The last news published on KLA CORP. at the time of the generation of this analysis was as follows:
- KLA Corporation Announces Increase in Quarterly Dividend Level to $1.45 per share and $2 billion Increase in Total Share Repurchase Authorization
- KLA Announces Upcoming Investor Webcasts
- KLA Foundation Announces Inaugural $1 Million in Education Equity Fund Grants
- KLA Declares Regular Cash Dividend
- KLA Corporation Reports Fiscal 2023 Fourth Quarter and Full Year Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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