| KLAC latest price $458.2200 (1.09%) ($458.2200 - $458.5500) on Fri. Jun. 2, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.49% (three month average) |
RSI | 76 |
Latest Price | $458.2200(1.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | KLAC advances 1% a day on average for past five trading days. |
Weekly Trend | KLAC advances 5.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support KLAC advance at 0% a week (0% probability) SMH(90%) XLK(75%) QQQ(73%) IVW(68%) FIVG(67%) |
Factors Impacting KLAC price | KLAC will decline at least -1.245% in a week (0% probabilities). VIXM(-41%) VXX(-40%) BLOK(-19%) XLU(-18%) ARKK(-17%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.245% (StdDev 2.49%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
| |
|
|