LRCX April 17, 2024: Sell SignalOn April 17, 2024, NASDAQ:LRCX closed down below its MA-50 on huge volume.
Which is a sell signal.
Next report date
Report period
Q4 2024
EPS estimate
129.69MXN
Revenue estimate
65.63 BMXN
452.63MXN
77.32 BMXN
298.71 BMXN
130.41 M
About Lam Research Corporation
Sector
Industry
CEO
Timothy M. Archer
Website
Headquarters
Fremont
Employees (FY)
17.2 K
Founded
1980
FIGI
BBG00RPL69W5
Lam Research Corp. engages in the design, manufacture, marketing, refurbishment, and provision of semiconductor processing equipment used in the fabrication of integrated circuits. It operates through the following geographical segments: the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. The company was founded by David K. Lam in 1980 and is headquartered in Fremont, CA.
LRCX Lam Research Corporation Options Ahead of EarningsIf you haven`t bought LRCX before the previous earnings:
Then analyzing the options chain and the chart patterns of LRCX Lam Research Corporation prior to the earnings report this week,
I would consider purchasing the 880usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of
LRCX March 20, 24: Reclaiming MA-20On March 20, 24, NASDAQ:LRCX reclaimed its moving average MA-20 which provides a possible entry with a stop loss below the MA-20.
LRCX March 14, 24: Where can we look for a buy point?I bought NASDAQ:LRCX on December 11, 2023 when it broke out into a new high, then sold it a few days ago as the stock crossed down the MA-21 after a long period of time (since January 2024) trading above it.
I am looking for a new buy point of this stock and here are the 2 possible situations.
T
LRCX: Hunt For The 1K MarkAfter positive earnings we broke the trend line above and heavily rejected the $900 psychological key level. Longer term in a steadily rising channel. Areas marked to look out for. I believe in price channels as you can see. Target at $975.
LRCX Long
10-Feb-2024
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LRCX New targets
Target of 1002-1152-1198-1351-1442-1689-1803
SL 583
Strategy : SBO + RSI > 60 + EMA above 20 & 50
Duration few weeks
Please consult your financial advisor before investing
All research for educational purposes only.
Stock crosses past barriers with
LRCX potential buy setupReasons for bullish bias:
- Price moving in a bull trend
- Playing simple DOW theory
- No divergence
- Targets are set under fib extension as price is at all-time high
Entry Level(CMP): 838.16
Stop Loss Level: 720.27
Take Profit Level 1: 956.05
Take Profit Level 2: 1063.00
LRCX ProjectionPositional Trade
LRCX Looks Good ABOVE 726.14
Target 747-756-798-823-849-883 points from entry
Hold a few Weeks
Please consult your financial advisor before investing
All research is for educational purposes only.
Stock is ready to cross past barriers in daily, Daily time frames. breakout afte
$LRCX approaching gap fill area and is a week away from earningsNASDAQ:LRCX 's recent close above the 9 EMA signals bullish potential. Holding steadily above the $763 level could pivot the stock towards $768, aligning with a crucial gap fill area and setting sights on $778. The positive momentum in related stocks like NASDAQ:NVDA , NASDAQ:AMD , and NASDAQ:SMC
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Frequently Asked Questions
The current price of LRCX is 15850.55 MXN — it has decreased by 2.32% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BIVA exchange LAM RESEARCH CORPORATION stocks are traded under the ticker LRCX.
LAM RESEARCH CORPORATION is going to release the next earnings report on Jul 24, 2024. Keep track of upcoming events with our Earnings Calendar.
LRCX stock is 3.68% volatile and has beta coefficient of 1.96. Check out the list of the most volatile stocks — is LAM RESEARCH CORPORATION there?
LRCX earnings for the last quarter are 127.73 MXN per share, whereas the estimation was 120.85 MXN resulting in a 5.69% surprise. The estimated earnings for the next quarter are 120.94 MXN per share. See more details about LAM RESEARCH CORPORATION earnings.
LAM RESEARCH CORPORATION revenue for the last quarter amounts to 63.83 B MXN despite the estimated figure of 63.10 B MXN. In the next quarter revenue is expected to reach 61.68 B MXN.
Yes, you can track LAM RESEARCH CORPORATION financials in yearly and quarterly reports right on TradingView.
LRCX net income for the last quarter is 16.01 B MXN, while the quarter before that showed 16.21 B MXN of net income which accounts for −1.25% change. Track more LAM RESEARCH CORPORATION financial stats to get the full picture.
Today LAM RESEARCH CORPORATION has the market capitalization of 2.09 T, it has decreased by 4.18% over the last week.
Yes, LRCX dividends are paid quarterly. The last dividend per share was 33.63 MXN. As of today, Dividend Yield (TTM)% is 0.83%. Tracking LAM RESEARCH CORPORATION dividends might help you take more informed decisions.
LAM RESEARCH CORPORATION dividend yield was 1.13% in 2023, and payout ratio reached 20.78%. The year before the numbers were 1.33% and 18.32% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, LRCX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade LAM RESEARCH CORPORATION stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 27, 2024, the company has 17.20 K employees. See our rating of the largest employees — is LAM RESEARCH CORPORATION on this list?
We've gathered analysts' opinions on LAM RESEARCH CORPORATION future price: according to them, LRCX price has a max estimate of 20644.81 MXN and a min estimate of 14623.40 MXN. Read a more detailed LAM RESEARCH CORPORATION forecast: see what analysts think of LAM RESEARCH CORPORATION and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. LAM RESEARCH CORPORATION EBITDA is 73.30 B MXN, and current EBITDA margin is 32.32%. See more stats in LAM RESEARCH CORPORATION financial statements.