Kla Corp (KLAC): Price Up $1.45 (0.42)% Over Past Day, Down $-1.06 (-0.3)% Over Past Hour

The Hourly View for KLAC

Currently, KLAC (Get Ratings)’s price is down $-1.06 (-0.3%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Out of Measuring and Control Equipment stocks, KLAC ranks 6th in regards to today’s price percentage change.

KLAC’s Technical Outlook on the Daily Chart

At the time of this writing, KLAC’s price is up $1.45 (0.42%) from the day prior. It’s been a feast for bulls operating on the daily timeframe, as KLAC has now gone up 4 of the past 5 days. As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows KLAC’s price action over the past 90 days.

KLAC

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KLAC: Daily RSI Analysis

  • For KLAC, its RSI is now at 100.
  • KLAC and RSI both have consistent trends, as they are both heading up.

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