Squeeze Play: LRCX Preps for Breakout at $305.77
Neutral
Aug 7, 2026 at 12:05 AM
•
$305.77
(-0.54%)
The stock of Lam Research Corp (LRCX) dropped 0.54% to close at $305.77 on August 7.
Technical indicators paint a bullish picture:
Moving Averages
Price hovers around the 9-day EMA ($302.17), while the 21-day ($312.12) provides a key reference.
Momentum
RSI at 47.5 is neutral but improving. MACD reads -11.69 against its -13.33 signal line (bullish).
Volatility
Volatility has been compressing for 6 sessions (TTM Squeeze active), often a precursor to directional moves.
Traders are watching $264.08 on the downside and $355.81 on the upside.