Lam Research (LRCX) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for LRCX · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$317.74last close · Aug 4, 202652-week range $94.11 – $438.50 · 27.54% below the high

LRCX Bullish Pennant Pattern

LRCX is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $296.28 (+32.3%). Across 2,605 backtested bullish pennants, the setup followed through 57.4% of the time, averaging +0.99R; LRCX's own bullish pennants have hit 75.0%.

DirectionBullishTarget$296.28Projected move+32.3%Breakout level$233.68

New to this pattern? What a bullish pennant is and how to trade it →

LRCX's Most Recent Bullish Pennant Trade

LRCX's most recent completed bullish pennant resolved as a win: it broke higher on Apr 8, 2026 near $242.75, then reached its target at $284.72 on May 15, 2026 — a +0.95R move (17.3%) over 27 sessions. Across 161 backtested bullish pennants, this setup wins 56.5% of the time.

OutcomeWinResult+0.95REntry$242.75Exit$284.72

Learn about bullish pennant

How Bullish Pennants Have Performed

Win rate
57.4%
Avg return
+0.99R
Backtested trades
2,605
LRCX win rate
75.0%

Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.

How these backtests work →

LRCX Pattern Trade History

Every completed pattern trade our nightly backtest found on LRCX's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Bullish PennantApr 8, 2026 @ $242.75May 15, 2026 @ $284.72Win+0.95R
Bullish PennantOct 22, 2025 @ $145.51Nov 7, 2025 @ $159.35Win+1.60R
TriangleJan 16, 2025 @ $78.89Feb 24, 2025 @ $83.34Win+0.70R
Falling WedgeNov 29, 2024 @ $74.02Feb 24, 2025 @ $83.34Win+2.59R
Falling WedgeNov 15, 2024 @ $71.13Jan 17, 2025 @ $80.30Loss-1.10R
Falling WedgeSep 26, 2024 @ $86.26Nov 15, 2024 @ $70.05Loss-1.11R
Falling WedgeSep 12, 2024 @ $76.53Nov 15, 2024 @ $70.05Loss-1.33R
TriangleMay 9, 2024 @ $91.70Jun 24, 2024 @ $102.44Win+1.96R
Rising WedgeJan 2, 2024 @ $76.88Jan 19, 2024 @ $82.63Loss-1.77R
TriangleSep 11, 2023 @ $66.49Nov 20, 2023 @ $71.91Loss-1.15R
TriangleJul 17, 2023 @ $65.08Aug 8, 2023 @ $69.60Win+1.06R
TriangleMay 12, 2023 @ $53.17Jun 8, 2023 @ $61.45Win+2.16R

LRCX Support and Resistance Levels

Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.

  • Much of the time charts simply drift between levels; the best reads are worth waiting for.
  • Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.

Nearest auto-detected resistance near $409.69. These are chart/swing-derived levels, not formula pivots.

Resistance
$409.69$412.78$429.47

LRCX Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$308.83$320.25$306.16$317.74
Aug 3, 2026$283.34$295.93$276.84$294.61
Jul 31, 2026$315.37$318.40$292.93$293.02
Jul 30, 2026$318.29$319.50$294.25$297.72
Jul 29, 2026$264.51$273.46$250.50$252.35
Jul 28, 2026$275.17$277.30$258.53$269.61
Jul 27, 2026$306.31$309.50$278.45$291.61
Jul 24, 2026$312.62$319.70$301.68$305.21
Jul 23, 2026$315.50$325.88$314.35$319.78
Jul 22, 2026$310.55$322.25$310.55$319.29

LRCX Frequently Asked Questions

What chart pattern is LRCX forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a bullish pennant on Lam Research (LRCX) on the daily chart, with a measured-move target of $296.28.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on LRCX is a bullish pattern, projecting a measured-move target of $296.28. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (2,605 trades over 631 symbols), it resolved in the expected direction 57.4% of the time with an average of +0.99R. These are historical statistics, not a prediction.
What are the support and resistance levels for LRCX?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), LRCX's nearest support is around n/a and nearest resistance around $409.69.
What is the price target if LRCX's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $296.28 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was LRCX's closing price on Aug 4, 2026?
Lam Research (LRCX) last closed at $317.74 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.