Last Update
5/22/2013
KLAC
KLA TENCOR
SELL
Last Pattern: BEARISH HANGING MAN
Last Close:
55.4800
Change:
-0.5800
Percent change
-1.03%
6 mo. Rating
$100⇨ 101.59
12 mo. Rating
$100⇨ 119.29
24 mo. Rating
$100⇨ 168.83
Signal Update
Our system’s recommendation today is to SELL. The BEARISH HANGING MAN pattern finally received a confirmation because the prices crossed the confirmation level which was at 55.7250, and our valid average selling price stands now at 55.6650. The previous BUY recommendation was issued on 4/22/2013, 30 days ago, when the stock price was 53.4900. Since then KLAC has risen by +4.07%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet.


Intraday Module is ON. To follow the confirmation status, click here.
Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
The pattern occurs at the top of a trend or during an uptrend. The name Hanging Man comes from the fact that the candlestick looks somewhat like a hanging man. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range. more...
Signal History
6 mo.
12 mo.
24 mo.
Date
Price
Signal
$100⇨
5/22/201355.6650SELL 168.83
4/22/201353.4900BUY 162.56
4/15/201353.3950SELL 162.89
4/10/201354.1850BUY 165.63
3/18/201352.2600SHORT 172.65
2/27/201354.1850BUY 179.73
1/31/201354.9100SELL 180.09
1/23/201352.0587BUY 171.08
1/15/201348.4950SELL 171.42
1/10/201348.1700BUY 170.61
12/24/201247.8300SELL 170.95
12/4/201245.4700BUY 162.84
11/27/201244.7850SHORT 166.03
11/23/201244.5500BUY 165.82
11/8/201246.7800SELL 166.15
11/6/201248.5300BUY 172.71
10/31/201246.5800SELL 173.06
10/15/201245.4400BUY 169.16
10/1/201247.4300SHORT 163.00
9/27/201247.1100BUY 162.55
9/18/201251.7900SHORT 149.68
9/6/201252.1800BUY 151.41
8/20/201253.3000SELL 151.71
8/16/201252.9400BUY 150.99
8/14/201252.7200SELL 151.29
8/7/201252.4500BUY 150.82
8/1/201250.8550SELL 151.12
7/27/201249.5550BUY 147.55
7/6/201248.2100SELL 147.85
6/27/201247.9000BUY 147.19
6/14/201247.3400SELL 147.48
6/5/201244.8800BUY 140.10
5/31/201245.8300SHORT 137.81
5/29/201246.7900BUY 141.26
4/16/201252.6800SELL 141.54
4/12/201253.5600BUY 144.19
4/3/201254.1650SELL 144.48
3/7/201247.5800BUY 127.17
3/1/201248.3400SHORT 125.70
2/28/201248.3900BUY 126.33
2/24/201248.5800SHORT 126.34
2/16/201249.6599BUY 129.67
1/26/201250.9450SELL 129.93
1/18/201248.9701BUY 125.14
1/13/201248.5000SELL 125.39
1/6/201247.5700BUY 123.23
12/30/201148.3100SELL 123.48
12/20/201146.9450BUY 120.23
12/8/201148.6000SELL 120.47
12/6/201148.7500BUY 121.08
11/16/201147.6600SELL 121.32
11/11/201147.7200BUY 121.72
11/1/201145.4400SELL 121.96
10/24/201143.8300BUY 117.87
10/17/201143.4650SELL 118.11
10/5/201138.8200BUY 105.70
9/30/201138.7400SELL 105.91
9/26/201138.2400BUY 104.75
9/20/201138.9000SELL 104.96
9/14/201138.0400BUY 102.85
9/1/201136.3500SELL 103.06
8/29/201135.9400BUY 102.10
8/17/201136.2500SHORT 101.64
8/15/201136.1500BUY 101.77
7/27/201143.2500SELL 101.97
7/21/201142.5000BUY 100.40
7/18/201140.5850SELL 100.60
7/8/201142.0600BUY 104.47
7/6/201140.3100SELL 104.68
6/27/201139.5000BUY 102.78
6/3/201141.1000SHORT 99.33
5/26/201141.1300BUY 99.80
† Trade commissions taken as 0.20%.
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