Overall market sentiment has been high on Lam Research Corporation (LRCX) stock lately. LRCX receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Lam Research Corporation has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LRCX!
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With LRCX Stock Today?
Lam Research Corporation (LRCX) stock is trading at $461.02 as of 1:30 PM on Thursday, Dec 1, a drop of -$11.36, or -2.4% from the previous closing price of $472.38. The stock has traded between $456.74 and $479.32 so far today. Volume today is less active than usual. So far 731,494 shares have traded compared to average volume of 2,072,514 shares.
To screen for more stocks like Lam Research Corporation click here.
More About Lam Research Corporation
Lam Research manufactures equipment used to fabricate semiconductors. The firm is focused on the etch, deposition, and clean markets, which are key steps in the semiconductor manufacturing process, especially for 3D NAND flash storage, advanced DRAM, and leading-edge logic/foundry chipmakers. Lam's flagship Kiyo, Vector, and Sabre products are sold in all major geographies to key customers such as Samsung Electronics, Micron, Intel, SK Hynix, and Taiwan Semiconductor Manufacturing.
Click Here to get the full Stock Report for Lam Research Corporation stock.
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