Eben@CANSLIM ResearchKulicke and Soffa (KLIC) is holding a Stage 2 advance above a rising 30-week moving average, yet the current base shows a deep 38% correction, which historically carries a higher failure rate. The trend template passes five of eight checks, with price below the 50-day MA and off 25.9% from highs, while volume has not dried up enough to confirm a VCP. Overall sentiment is neutral, suggesting traders should wait for a clearer breakout or volume contraction before acting.
Technical Analysis
As of 2026-08-14 · Close $99.09
Stage Analysis
Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 9.4%)
Detected Patterns — What the Market Is Watching
- Deep Base (>33% — elevated failure rate) — depth 38.1%, length 6 weeks, pivot $133.81. Base formed from 2026-07-01 (left-side high) to 2026-08-14, with the low of $82.86 set on 2026-07-29
- Price contractions present (23.7% → 7.8%) but 20-day volume is still 89.7% of the 50-day average — needs ≤60% to qualify as a confirmed VCP
⚠️ Faulty cup warning: the base is 38.1% deep (above the 38–40% threshold). A correction this deep leaves heavy overhead supply — trapped holders from higher prices are likely to sell into any rally, raising the failure rate of a breakout from this base.
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