KLA CORP. - Daily - Technical analysis published on 09/25/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 148.75 USD
My targets
157.98 USD (+0.95%)
My analysis
KLA CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 148.75 USD. The next resistance located at 157.98 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
8.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The KLA CORP. rating is 156.50 USD. The price registered a decrease of -0.69% on the session and was traded between 155.53 USD and 160.55 USD over the period. The price is currently at +0.62% from its lowest and -2.52% from its highest.155.53
160.55
156.50
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by KLA CORP.:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of KLA CORP. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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:
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 128.47 | 142.65 | 148.75 | 156.50 | 157.98 |
| Change (%) | -17.91% | -8.85% | -4.95% | - | +0.95% |
| Change | -28.03 | -13.85 | -7.75 | - | +1.48 |
| Level | Major | Intermediate | Intermediate | - | 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 | 152.21 | 153.71 | 155.64 | 157.14 | 159.07 | 160.57 | 162.50 |
| Camarilla | 156.64 | 156.95 | 157.27 | 157.58 | 157.89 | 158.21 | 158.52 |
| Woodie | 152.44 | 153.82 | 155.87 | 157.25 | 159.30 | 160.68 | 162.73 |
| Fibonacci | 153.71 | 155.02 | 155.83 | 157.14 | 158.45 | 159.26 | 160.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 138.03 | 143.05 | 149.27 | 154.29 | 160.51 | 165.53 | 171.75 |
| Camarilla | 152.41 | 153.44 | 154.47 | 155.50 | 156.53 | 157.56 | 158.59 |
| Woodie | 138.64 | 143.35 | 149.88 | 154.59 | 161.12 | 165.83 | 172.36 |
| Fibonacci | 143.05 | 147.34 | 149.99 | 154.29 | 158.58 | 161.23 | 165.53 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 108.88 | 117.04 | 132.47 | 140.63 | 156.06 | 164.21 | 179.64 |
| Camarilla | 141.41 | 143.58 | 145.74 | 147.90 | 150.06 | 152.22 | 154.39 |
| Woodie | 112.52 | 118.86 | 136.11 | 142.44 | 159.69 | 166.03 | 183.28 |
| Fibonacci | 117.04 | 126.05 | 131.62 | 140.63 | 149.64 | 155.20 | 164.21 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 67.24 | |
| MACD (12,26,9): | 4.6700 | |
| Directional Movement: | 19.28 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 157.15 | |
| Parabolic SAR (0,02-0,02-0,2): | 148.86 | |
| Elder Ray (13): | 4.77 | |
| Super Trend (3,10): | 146.19 | |
| Zig ZAG (10): | 156.50 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 76.79 | |
| TEMA (21): | 157.63 | |
| Williams %R (14): | -27.95 | |
| Chande Momentum Oscillator (20): | 5.52 | |
| Repulse (5,40,3): | -1.6200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4600 | |
| Courbe Coppock: | 10.29 |
| MA7: | 155.51 | |
| MA20: | 151.06 | |
| MA50: | 142.09 | |
| MA100: | 127.31 | |
| MAexp7: | 155.38 | |
| MAexp20: | 150.90 | |
| MAexp50: | 142.20 | |
| MAexp100: | 132.88 | |
| Price / MA7: | +0.64% | |
| Price / MA20: | +3.60% | |
| Price / MA50: | +10.14% | |
| Price / MA100: | +22.93% | |
| Price / MAexp7: | +0.72% | |
| Price / MAexp20: | +3.71% | |
| Price / MAexp50: | +10.06% | |
| Price / MAexp100: | +17.78% |
News
The latest news and videos published on KLA CORP. at the time of the analysis were as follows:
- SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating KLA Corporation for Potential Breaches of Fiduciary Duty By Its Board of Directors
- KLA Corporation Hosts Investor Day
- KLA Joins Automotive Electronics Council
- KLA Corporation Reports Fiscal 2019 Fourth Quarter And Full Year Results
- KLA Declares Regular Cash Dividend
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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