KLA-Tencor stock: buy or sell

KLAC stock price: $331.79 4.04% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021

2

KLA-Tencor stock brief

  • KLA-Tencor stock skyrocketed 4.04% to close at $331.79 on the stock market on Wednesday, and broke a streak of 3 sessions in red.
  • Price is drawing a scaled uptrend since early March with higher tops and higher bottoms. Up to date, the uptrend marked a 21.43% profit since the beginning of this rally
  • KLA Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide.

Should I buy KLA-Tencor stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $KLAC stock a buy?

Currently, KLA-Tencor stock matches one trading strategy:

Uptrend buy setup

KLA-Tencor stock is in an uptrend since in early March that so far has marked an amazing 21.00% gain. Price marked a pull back in this uptrend at $317.78 on Tuesday, and since then it bounced off a 4.41%. Now, it's just 8.41% away from breaking out above its last top and resume the uptrend. The new entry point is therefore at $359.69. If you decide to enter this trade, the suggested stop loss is at $323.72

Buy setupBuy pointStop lossRisk
Uptrend buy setup$359.69$323.7210.00%

Should I sell KLA-Tencor stock?

Knowing when to sell a stock is even more difficult than knowing when to buy it. Trading strategies give us the ability us to avoid rash decisions based on our personal moods or the buzz surrounding the market. When selling, as well as buying, detailed strategies are very simple to follow but are only valid for selling stocks you already own, not for selling short KLA-Tencor stock

As a rule of thumb, you should not mantain an open trade that results in higher than expected losses upon the buy. The timing to sell your stock should always be ruled by the stop-loss (automatic or manual)

Is it time to sell KLA-Tencor stock?

In the current situation of KLA-Tencor there is not any eligible sell setup, so KLA-Tencor stock holders with operations in green can keep their positions

KLA-Tencor ratings

In the last 30 days, just one rating was published for KLA-Tencor

KLA-Tencor analysts' ratings - Last month
Brokerage firmRating
Apr 16th, 2021
Deutsche Bank Aktiengesellschaft Neutral

KLA-Tencor stock analysis

KLA-Tencor shares started an uptrend in early March, and grew a gorgeous 21.43%. Rising peaks and troughs can be seen easily on a chart and how price action gave very few entry points on the breakouts. Latest pullback was on Tuesday, when price bounced at $317.78. Currently, it trades in a consolidation between its last top ($359.69) and its last bottom ($317.78)

SMAs overview

KLAC stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $341.28 (2.86% above)
  • R2: $359.69 (8.41% above)
  • The current supports are:

  • S1: $317.78 (-4.22% below)
  • S2: $316.73 (-4.54% below)
  • S3: $278.96 (-15.92% below)
  • Bollinger bands

    KLAC stock Bollinger Bands chart

    Relative strength index

    When the stays for so long below 70 and above 30, without any indication of overvaluation and undervaluation, the indicator turns out to be of little use, and we currently are in one of these situations.

    KLAC stock RSI chart

    KLA-Tencor stock price history

    KLA-Tencor started trading on Oct 8th, 1980 at $0.00 per share1. Since then, KLAC stock surged by -, with an average of 0.00% per year. If you had invested $1,000USD in KLA-Tencor stock on the IPO, it would have a value of $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    KLAC stock price history chart

    Price target for KLA-Tencor stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations post their analysis forecasting how a stock will performance in the future.

    Along with buy or sell recommendations, brokerage institutions publish their price target based on the stock price action and the company fundamental data. Most of these estimates follow the publication of new fundamental data by the company, and many times. Again, these forecasts are not direct recommendations for small traders and must not be followed blindly.

    There is just one price target available for KLA-Tencor that forecasts a price of $330.00.

    KLA-Tencor stock price predictions
    Brokerage firmPrice target
    Apr 16th, 2021
    Deutsche Bank Aktiengesellschaft $310.00$330.00

    Earnings and financials

    Last February, KLA Corporation ($KLAC) reported adjusted EPS for that matched analysts' expectations. Quarterly EPS was $3.24 per share instead of $3.19. The company said revenue for this quarter was $1.7 billion consistent with analysts' forecasts as well.

    For comparison, the EPS for the same quarter last year was $2.66, so reported EPS is a improvement of 21.80%. Looking at turnover, figures grew a 9.37% compared to $15.1B year over year.

    KLA-Tencor ($KLAC) is posting earnings report next Tuesday. Expected for this quarter is $3.59, compared to $3.24 that was reported for Q2.

    KLA-Tencor performance

    KLAC performance compared
    Company1m3m6m
    KLA-Tencor ($KLAC) 8.20% 8.00% 59.90%

    Please read:
    The viewpoints expressed in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this document does not know the individual scenarios of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are expressed for educative motives only

    KLA-Tencor summary

    Wednesday, April 21st, 2021
    Open$322.45
    Close$331.79
    Day range$319.57 - $332.22
    Previous close$318.92
    Session gain4.04%
    Average true range$14.31
    50d mov avg$316.92
    100d mov avg$295.34
    200d mov avg$249.25
    Earnings dateMay 4th, 2021

    Frequently asked questions

    What is KLA-Tencor stock symbol?

    KLA Corporation is a public company trading in the US stock market with the KLAC symbol

    Is KLA-Tencor stock a buy or sell?

    KLA-Tencor had one rating in the last four weeks Read the article to get additional tips on trading KLAC stock.

    Will KLAC go up?

    KLA-Tencor had different price forecasts published by analysts in the last 4 weeks setting the target price to $330.00. That is a 0.54% than the last price ($331.79).