KLA-Tencor Corporation (KLAC)
KLA Corporation is a leading capital equipment company headquartered in Milpitas, California, specializing in process control and yield management solutions for the semiconductor and nanoelectronics industries. With a comprehensive portfolio of products and services that span all phases of production—from research and development to high-volume manufacturing—KLA plays a critical role in enhancing semiconductor manufacturing efficiency and profitability. The company's commitment to innovation and technology leadership positions it as a key partner for customers seeking to optimize yield and advance next-generation chip production processes.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 139.76% per annum.
- KLAC price at the close of March 16, 2026 was $1,438.24 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 21.74% per annum.
- KLAC price at the close of March 16, 2026 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of KLAC price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: March 6, 2025
End date: March 16, 2026
a = 2.9823
b = 0.0024
s = 0.0625
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0024) – 1
= 139.76%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0625) – 1
= 28.41%
March 6, 2025 calculations
Top border of price channel:
Exp(Y997)
= Exp(a + b × X997 + 2 × s)
= Exp(a + b × 1,450 + 2 × s)
= Exp(2.9823 + 0.0024 × 1,450 + 2 × 0.0625)
= Exp(6.5812)
= $721.41
Bottom border of price channel:
Exp(Y997)
= Exp(a + b × X997 – 2 × s)
= Exp(a + b × 1,450 – 2 × s)
= Exp(2.9823 + 0.0024 × 1,450 – 2 × 0.0625)
= Exp(6.3311)
= $561.79
March 16, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(2.9823 + 0.0024 × 1,825 + 2 × 0.0625)
= Exp(7.4796)
= $1,771.57
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(2.9823 + 0.0024 × 1,825 – 2 × 0.0625)
= Exp(7.2295)
= $1,379.59
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 139.76% per annum.
- KLAC price at the close of March 16, 2026 was $1,438.24 and was inside the primary price channel.
Secondary Trend
Start date: January 13, 2026
End date: March 16, 2026
a = 8.4986
b = -0.0007
s = 0.0494
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0007) – 1
= -21.74%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0494) – 1
= 21.83%
January 13, 2026 calculations
Top border of price channel:
Exp(Y1,212)
= Exp(a + b × X1,212 + 2 × s)
= Exp(a + b × 1,763 + 2 × s)
= Exp(8.4986 + -0.0007 × 1,763 + 2 × 0.0494)
= Exp(7.4130)
= $1,657.45
Bottom border of price channel:
Exp(Y1,212)
= Exp(a + b × X1,212 – 2 × s)
= Exp(a + b × 1,763 – 2 × s)
= Exp(8.4986 + -0.0007 × 1,763 – 2 × 0.0494)
= Exp(7.2155)
= $1,360.42
March 16, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(8.4986 + -0.0007 × 1,825 + 2 × 0.0494)
= Exp(7.3714)
= $1,589.84
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(8.4986 + -0.0007 × 1,825 – 2 × 0.0494)
= Exp(7.1739)
= $1,304.92
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 21.74% per annum.
- KLAC price at the close of March 16, 2026 was inside the secondary price channel.