Lam Research Corporation (LRCX)

Lam Research Corporation is trading at $309.88, down 5.50% on the session. The 50 day average sits at $337.47 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 54.6, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $313.10 with resistance near $333.33, so that band frames the current range. Average daily movement is roughly $22.15, or about 7.1% of the share price, which is what any stop placement has to allow for. The overall health score of 47 out of 100 combines a trend score of 36, momentum of 69 and a risk score of 34.

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company offers ALTUS systems to deposit conformal or selective films for tungsten or molybdenum metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SPEED gapfill high-density plasma chemical vapor deposition (CVD) products; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced CVD products. It also provides Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. In addition, the company offers Coronus bevel clean products to enhance die yield; and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. Further, it provides Reliant deposition, etch, and clean products; and Sense.i platform products, as well as customer service, spares, and upgrades. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.