KLA Corporation is a supplier of process control and yield management solutions and services for the semiconductor and related electronics industries. Co. offers a portfolio of inspection and metrology products, and related services, software and other offerings, supports research and development (R&D) and manufacturing of integrated circuits (ICs), wafers and reticles. Its segments include Semiconductor Process Control, Specialty Semiconductor Process, and PCB and Component Inspection.
When researching a stock like KLA, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from KLAC Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for KLAC stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the KLAC 200 day moving average ("KLAC 200 DMA"), while one of the most popular "shorter look-backs" is the KLAC 50 day moving average ("KLAC 50 DMA"). A chart showing both of these popular moving averages is shown on this page for KLA. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the KLAC 200 DMA and the KLAC 50 DMA, we get a moving average convergence divergence indicator ("KLAC MACD"). The KLAC MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
Free KLAC Email Alerts:
Video: Technical Analysis