Lam ResearchLRCX

Lam Research (LRCX) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for LRCX · data as of Aug 31, 2026. The chart above is live; the read below updates daily.

$300.15last close · Aug 31, 202652-week range $94.11 – $438.50 · 31.55% below the high

LRCX bullish pennant pattern

LRCX is currently forming a bullish pennant on the daily timeframe. Detected Aug 31, 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%).

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 triangle trade

LRCX's most recent completed triangle resolved as a win: it broke down on Oct 15, 2026 near $270.29, then reached its target at $191.88 on Nov 5, 2026 — a 29.0% move (+0.95R) over 15 sessions. Across 174,297 backtested triangles, this setup wins 40.8% of the time.

OutcomeWinResult+29.0%R+0.95REntry$270.29Exit$191.88

Learn about triangle

LRCX pattern trade history

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

PatternEntryExitOutcomeResult
TriangleOct 15, 2026 @ $270.29Nov 5, 2026 @ $191.88Win+29.0% · +0.95R
Falling wedgeSep 21, 2026 @ $295.51Oct 16, 2026 @ $265.37Loss+54.3% · -1.00R
Falling wedgeSep 8, 2026 @ $314.49Sep 15, 2026 @ $278.61Loss+29.8% · -0.98R
Rising wedgeJul 2, 2026 @ $365.15Jul 7, 2026 @ $334.61Win+8.4% · +0.42R
Rising wedgeNov 13, 2025 @ $156.48Nov 21, 2025 @ $135.70Win+13.3% · +1.95R
Rising wedgeSep 11, 2025 @ $110.24Oct 13, 2025 @ $138.09Win+10.6% · +4.82R
TriangleSep 8, 2025 @ $105.53Oct 13, 2025 @ $138.09Win+5.8% · +3.89R
Rising wedgeSep 2, 2025 @ $94.90Sep 8, 2025 @ $105.00Loss+12.4% · -1.01R
Rising wedgeJul 22, 2025 @ $100.59Aug 11, 2025 @ $103.90Loss+10.6% · -1.66R
Rising wedgeJul 16, 2025 @ $97.72Jul 21, 2025 @ $102.19Loss+4.6% · -1.00R
Rising wedgeJul 14, 2025 @ $98.97Jul 15, 2025 @ $102.03Loss+4.8% · -1.00R
Rising wedgeFeb 18, 2025 @ $86.02Feb 26, 2025 @ $81.69Loss+9.8% · -0.95R

Bullish pennant examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about bullish pennant

LRCX support and resistance levels

Price is bouncing off a floor near $297.81 and starting to climb. On the weekly chart, the next ceiling overhead sits near $398.27 — about 33% away.

  • Traders commonly watch $398.27 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $297.81 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

LRCX recent daily prices

DateOpenHighLowClose
Aug 31, 2026$303.19$303.40$299.25$300.15
Aug 28, 2026$318.03$318.29$301.05$301.90
Aug 27, 2026$318.88$321.41$310.44$318.58
Aug 26, 2026$314.61$315.72$308.05$312.88
Aug 25, 2026$316.20$318.61$307.86$314.66
Aug 24, 2026$307.94$311.44$297.78$310.17
Aug 21, 2026$317.86$319.10$303.85$314.00
Aug 20, 2026$305.23$312.54$302.95$310.53
Aug 19, 2026$328.52$328.57$305.08$307.17
Aug 18, 2026$324.18$329.07$317.41$327.92

LRCX frequently asked questions

What chart pattern is LRCX forming right now?
As of Aug 31, 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.
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 31, 2026?
Lam Research (LRCX) last closed at $300.15 on Aug 31, 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.