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Kla-Tencor Corp Crosses Above its 10-day MA (KLAC)

By David Diaz

Today, shares of Kla-Tencor Corp (NASDAQ:KLAC) have crossed bullishly above their 10-day moving average of $104.07 on a volume of 476K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Kla-Tencor Corp have traded between a low of $66.88 and a high of $123.96 and are now at $104.65, which is 56% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Kla-Tencor Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Kla-Tencor Corp in search of a potential trend change.

Keywords: moving crosses kla-tencor corp

Ticker(s): KLAC