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

By David Diaz

Kla-Tencor Corp (NASDAQ:KLAC) crossed under its 10-day moving average of $110.44 on a volume of 604K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Kla-Tencor Corp share prices have moved between a 52-week high of $123.96 and a 52-week low of $66.88 and are now trading 62% above that low price at $108.48 per share. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.4%.

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