Lam Research Corp (LRCX) saw a 12% return from an AI trading robot over the course of six months.
The best AI trading robot in our robot factory, Swing trader: Deep Trend Analysis v.2 (TA), generated a return of 12% for LRCX over the course of the previous 6 months.
Artificial intelligence and machine learning have transformed the world of trading and investment, enabling the development of highly sophisticated trading robots. The best AI trading robot in our robot factory, Swing Trader: Deep Trend Analysis v.2 (TA), has generated impressive returns, with a 12% increase for LRCX over the course of the previous six months.
Background on LRCX: Lam Research Corporation (LRCX) is a leading global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. With its strong position in the market, LRCX has been a popular choice for investors looking to capitalize on the growing demand for advanced semiconductor technology.
The Swing Trader: Deep Trend Analysis v.2 (TA) is a cutting-edge AI trading robot developed by our expert team. It utilizes advanced machine learning algorithms to analyze historical price data, chart patterns, and technical indicators to identify high-probability trading opportunities. The robot is designed to make both long and short trades, effectively navigating volatile market conditions.
Earnings Reports Analysis on April 19: The 10-day moving average for LRCX crossed bearishly below the 50-day moving average on April 18, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In 14 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 88%.
Implications of the Earnings Reports: Despite the recent bearish crossover, the historical data suggests that LRCX has a high probability of recovering from this temporary downturn. The Swing Trader: Deep Trend Analysis v.2 (TA) has demonstrated its ability to adapt to such market conditions and generate positive returns over time.
The Swing Trader: Deep Trend Analysis v.2 (TA) AI trading robot has proven its prowess in the ever-evolving world of stock trading, delivering a remarkable 12% return for LRCX over the past six months. As LRCX faces a potential downward trend, the advanced algorithms of the Swing Trader robot are well-equipped to navigate the market and capitalize on opportunities. Investors can trust this AI-driven trading tool to help them make informed decisions and maximize their returns in the complex and dynamic world of stock trading.
LRCX's RSI Indicator peaks and leaves overbought zone
The 10-day RSI Indicator for LRCX moved out of overbought territory on May 31, 2023. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 45 instances where the indicator moved out of the overbought zone. In of the 45 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 62 cases where LRCX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for LRCX turned negative on June 07, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where LRCX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
LRCX broke above its upper Bollinger Band on May 15, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 05, 2023. You may want to consider a long position or call options on LRCX as a result. In of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where LRCX advanced for three days, in of 314 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 295 cases where LRCX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 63, placing this stock better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (9.823) is normal, around the industry mean (7.056). P/E Ratio (17.094) is within average values for comparable stocks, (54.442). Projected Growth (PEG Ratio) (2.154) is also within normal values, averaging (2.594). Dividend Yield (0.011) settles around the average of (0.024) among similar stocks. P/S Ratio (4.458) is also within normal values, averaging (11.883).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. LRCX’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a manufacturer of semiconductor processing equipment
Industry Semiconductors
LRCX and
Correlation & Price change
A.I.dvisor indicates that over the last year, LRCX has been closely correlated with AMAT. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if LRCX jumps, then AMAT could also see price increases.
| Ticker / NAME | Correlation To LRCX | 1D Price Change % | ||
|---|---|---|---|---|
| LRCX | 100% | -1.29% | ||
| AMAT - LRCX | 93% Closely correlated | -0.06% | ||
| KLAC - LRCX | 92% Closely correlated | -1.73% | ||
| MCHP - LRCX | 88% Closely correlated | -0.84% | ||
| ASML - LRCX | 87% Closely correlated | -0.58% | ||
| TER - LRCX | 87% Closely correlated | +0.33% | ||
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