KLA Rebounds 3.46% to $1139.71 as Buyers Defend $1100 Support Level

KLA (KLAC) closed at $1139.71 on 2025-10-06, rising 3.46% after the previous session's decline of -3.31%. This price action reflects volatile near-term momentum as the stock tests key psychological resistance near $1150, having recovered from the $1100 support level established on 2025-10-03. The following technical analysis evaluates KLA's trajectory using multiple frameworks, with emphasis on current signals and indicator confluence.
Candlestick Theory
The most recent candle (2025-10-06) shows a long upper shadow (high: $1152.12, close: $1139.71), signaling resistance near $1150–$1155 after a strong intraday rally. This aligns with the October 2 high of $1155, establishing a clear resistance zone. Support resides at $1100, validated by the October 3 low of $1099.17, with secondary support at $1069.78. The price rejected the $1100 level decisively, suggesting buyers remain active at this threshold.
Moving Average Theory
The 50-day, 100-day, and 200-day moving averages exhibit a bullish alignment (50 > 100 > 200), confirming a sustained uptrend. Current price trades well above all three averages, with the 50-day MA near $1000 acting as dynamic support during pullbacks. The separation between shorter (50-day) and longer (200-day) averages continues to widen, reflecting robust intermediate momentum. No bearish crossovers are evident, though extended price-MA dispersion could foreshadow consolidation.
MACD & KDJ Indicators
MACD shows a bullish histogram expansion following the 2025-10-06 rebound, with both MACD line and signal line accelerating upward in positive territory. This suggests strengthening momentum after the brief pullback. KDJ oscillators exited oversold territory (K < 30 on 2025-10-03) as K crossed above D on 2025-10-06, supporting a near-term bullish reversal thesis. No divergence is present relative to price highs.
Bollinger Bands
Bands expanded notably during the October 3–6 volatility spike, with price touching the upper band at $1152.12. This expansion reflects renewed directional energy after a brief contraction period. Price closed near the upper band’s periphery, indicating potential short-term overextension. A retreat toward the 20-day midline ($1100) could offer consolidation before further upside.
Volume-Price Relationship
Volume on the 2025-10-06 rebound (945,706 shares) exceeded the prior day’s decline volume (953,743), validating buyer conviction. However, it fell short of the October 1 breakout volume (1,188,082 shares at +4.66%). This divergence implies the recovery requires additional volume confirmation to sustain momentum. Elevated volume on down days (e.g., October 3) underscores persistent selling pressure near highs.
Relative Strength Index
The 14-day RSI rebounded to 65 on 2025-10-06 from 45 the prior day, reflecting neutral momentum after briefly approaching oversold territory (sub-40). While the indicator avoids the overbought threshold (>70) last seen near recent price peaks, its recovery trajectory supports near-term bullish momentum. RSI divergence is absent relative to price.
Fibonacci Retracement
Using the major swing low of $607.70 (2025-04-21) and high of $1152.12 (2025-10-06), key retracement supports are $1023.64 (23.6%), $944.15 (38.2%), and $879.91 (50%). Price remains well above these levels, confirming the primary uptrend’s strength. For the minor pullback to $1099.17, the 61.8% retracement at $1133.65 was breached decisively, reinforcing bullish near-term structure.
Confluence & Divergence
Notable confluence exists at $1100, where candlestick support, Bollinger midline, and psychological demand converge, validated by the 2025-10-06 rebound. Divergence emerged in volume: the latest recovery lacked the intensity of early-October buying, warranting caution. MACD, KDJ, and RSI alignment favors continued near-term upside, though Bollinger bandwidth expansion and RSI neutrality suggest consolidation may precede further breakout attempts.