RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of KLAC
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KLA Corporation stock price up 0.244% on Thursday
(Updated on Mar 28, 2024)

Buy or Hold candidate since Jan 18, 2024 Gain 18.40% PDF

The KLA Corporation stock price gained 0.244% on the last trading day (Thursday, 28th Mar 2024), rising from $696.87 to $698.57. During the last trading day the stock fluctuated 1.42% from a day low at $690.01 to a day high of $699.82. The price has been going up and down for this period, and there has been a 0.9% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 105 thousand more shares were traded than the day before. In total, 906 thousand shares were bought and sold for approximately $633.06 million.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $694.05 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 28.93% during the next 3 months and, with a 90% probability hold a price between $894.84 and $986.95 at the end of this 3-month period.

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KLAC Signals & Forecast

The KLA Corporation stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $700.46. On a fall, the stock will find some support from the long-term average at approximately $682.88. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 07, 2024, and so far it has fallen -3.41%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for KLA Corporation stock

KLA Corporation finds support from accumulated volume at $683.90 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $9.81 between high and low, or 1.42%. For the last week the stock has had daily average volatility of 2.04%.

Our recommended stop-loss: $668.24 (-4.34%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 15 days ago.)

Trading Expectations (KLAC) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect KLA Corporation to open at $696.13, and during the day (based on 14 day Average True Range), to move between $680.68 and $716.46, which gives a possible trading interval of +/-$17.89 (+/-2.56%) up or down from last closing price. If KLA Corporation takes out the full calculated possible swing range there will be an estimated 5.12% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $683.90 (2.10%) than the resistance at $715.46 (2.42%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is KLA Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for KLA Corporation stock to perform well in the short-term.

Current score: 4.931 Buy Candidate Unchanged

Predicted Opening Price for KLA Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$696.13 ( 0.349%) $698.57

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for KLAC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 705.94 1.06 %
R2 702.20 0.519 %
R1 699.88 0.188 %
Current price: 698.57
Support S1 692.39 -0.89 %
S2 690.07 -1.22 %
S3 686.32 -1.75 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 723.26 3.53 %
R2 717.57 2.72 %
R1 715.46 2.42 %
Current price 698.57
Support S1 683.90 -2.10%
S2 641.69 -8.14%
S3 599.37 -14.20%

KLAC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 07, 2024 Feb 15, 2024 Mar 01, 2024 $1.45 0.202%
2 Nov 02, 2023 Nov 14, 2023 Dec 01, 2023 $1.45 0.264%
3 Aug 03, 2023 Aug 15, 2023 Sep 01, 2023 $1.30 0.256%
4 Aug 03, 2023 Aug 14, 2023 Sep 01, 2023 $1.30 0.256%
5 May 04, 2023 May 12, 2023 Jun 01, 2023 $1.30 0.287%

FAQ

What is the symbol for KLA Corporation Stock and on which exchange is it traded?
The symbol for KLA Corporation is KLAC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell KLA Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for KLA Corporation stock to perform well in the short-term.

How to buy KLA Corporation Stock?
KLA Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy KLA Corporation Stock.

What's the current price of KLA Corporation Stock?
As of the end of day on the 2024-03-28, the price of an KLA Corporation (KLAC) share was $698.57.

What is the 52-week high and low for KLA Corporation Stock?
The 52-week high for KLA Corporation Stock is $729.14 and the 52-week low is $355.89.

What is the market capitalization of KLA Corporation Stock?
As of the 2024-03-28, the market capitalization of KLA Corporation is 94.47B.

When is the next earnings date for KLA Corporation?
The upcoming earnings date for KLA Corporation is Apr 24, 2024.
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About KLA Corporation

KLA KLA Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. The company offers chip and wafer manufacturing products, including defect inspection and review systems, metrology solutions, in situ process monitoring products, computational lithography software, and data analytics systems for chip manufacturers to manage yield throughout the... KLAC Profile

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