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Downtrend Broken Resist.Archive
- 10/2/2026 -
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Lam Research (LRCX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Lam Research (LRCX). During the week, the LRCX gained 32.28 points, or 10.24%, and closed at 347.49 on Friday, October 2, 2026. It was the best weekly gain since June 12, 2026. Weekly volume was -25% below average.
LRCX is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See LRCX long-term trend chart]
A long-term uptrend had started on April 7, 2025 at 56.32 and reached 438.50 on June 30, 2026. LRCX gained -382.18 points, or -678.59%, in 64 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See LRCX medium-term trend chart]
A medium-term downtrend had started on June 30, 2026 at 438.50 and reached 250.50 on July 29, 2026. LRCX lost 188.00 points, or 42.87%, in 4 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (271.23) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. LRCX may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See LRCX weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since July 17, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See LRCX short-term trend chart]
A short-term uptrend had started on September 15, 2026 at 265.37 and reached 352.56 on October 2, 2026. LRCX gained -87.19 points, or -32.86%, in 17 days. The price is now at the 5.81% retracement level.
 Daily Technical Indicators: [See LRCX daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The daily MACD line is above its signal line since September 21, 2026. This is an indication that the short-term trend is up.
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