Lam Research(LRCX)
Auto-detected technical analysis for LRCX · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
LRCX is currently forming a bullish pennant on the daily timeframe. Detected Jul 22, 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 3,749 backtested bullish pennants, the setup followed through 57.3% of the time, averaging +0.82R; LRCX's own bullish pennants have hit 62.5%.
New to this pattern? What a bullish pennant is and how to trade it →
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 17.3% move (+0.95R) over 27 sessions. Across 123 backtested bullish pennants, this setup wins 57.7% of the time.
Historical pattern statistics (1987-02-04 – 2026-06-30), not a prediction.
Every completed pattern trade our nightly backtest found on LRCX's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Bullish Pennant | Apr 8, 2026 @ $242.75 | May 15, 2026 @ $284.72 | Win | +32.3% · +0.95R |
| Falling Wedge | Nov 29, 2024 @ $74.02 | Feb 24, 2025 @ $83.34 | Win | +17.6% · +2.59R |
| Falling Wedge | Nov 15, 2024 @ $71.65 | Jan 17, 2025 @ $80.30 | Loss | +23.2% · -1.11R |
| Falling Wedge | Sep 26, 2024 @ $86.26 | Nov 15, 2024 @ $70.05 | Loss | +24.9% · -1.11R |
| Triangle | May 9, 2024 @ $91.70 | Jun 24, 2024 @ $102.44 | Win | +10.6% · +1.96R |
| Triangle | Sep 11, 2023 @ $66.49 | Nov 20, 2023 @ $71.91 | Loss | +15.7% · -1.15R |
| Triangle | Apr 20, 2023 @ $53.18 | Jun 8, 2023 @ $61.45 | Win | +11.8% · +2.15R |
| Rising Wedge | Nov 18, 2022 @ $44.87 | Feb 1, 2023 @ $53.03 | Loss | +39.2% · -1.46R |
| Falling Wedge | Jul 14, 2022 @ $41.10 | Aug 9, 2022 @ $46.94 | Win | +22.8% · +3.90R |
| Bullish Pennant | May 13, 2022 @ $49.35 | Jun 13, 2022 @ $44.71 | Loss | +29.9% · -1.08R |
| Rising Wedge | Jan 10, 2022 @ $65.86 | Jan 21, 2022 @ $60.48 | Win | +10.3% · +0.73R |
| Falling Wedge | Oct 28, 2021 @ $56.37 | Dec 3, 2021 @ $66.15 | Win | +10.5% · +3.40R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $310.55 | $322.25 | $310.55 | $319.29 |
| Jul 21, 2026 | $328.13 | $328.14 | $313.29 | $322.00 |
| Jul 20, 2026 | $321.15 | $324.45 | $305.26 | $306.76 |
| Jul 17, 2026 | $303.83 | $322.07 | $298.65 | $313.30 |
| Jul 16, 2026 | $324.99 | $336.68 | $315.16 | $320.96 |
| Jul 15, 2026 | $357.25 | $357.25 | $319.79 | $335.43 |
| Jul 14, 2026 | $354.66 | $354.66 | $338.88 | $346.10 |
| Jul 13, 2026 | $335.00 | $337.98 | $326.90 | $329.92 |
| Jul 10, 2026 | $341.36 | $354.73 | $338.13 | $350.33 |
| Jul 9, 2026 | $365.13 | $369.95 | $350.06 | $353.17 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.