RSI Capitulation: LRCX Tests $227.56 Support
Bullish
Nov 2, 2026 at 9:02 PM
•
$227.56
(-4.83%)
Lam Research Corp (LRCX) retreated 4.83%, ending the session at $227.56 on November 2.
The technical setup looks bearish:
Moving Averages
The stock trades below its 9-day EMA ($246.02) with the 21-day ($265.64) acting as overhead resistance.
Momentum
RSI at 29.6 is depressed in oversold territory, where bounces often originate. MACD is bearish (-19.48 vs signal -16.23).
Volatility
Bollinger Band width at 50.6% indicates normal volatility.
Despite the bearish EMA structure, oversold RSI suggests patient buyers may find opportunity near $203.56.
Technical levels: $203.56 support, $341.62 resistance.