⚠️Uptrend Under PressureSevere risk · 99·Institutional selling is building — 6 distribution days in the last 25 sessions. · 6 distribution days (SPY)Full briefing →Jul 28
Thursday, July 30, 2026Time not confirmed
No sourced report session or clock time
Ordinary position sizing suppressed.
Earnings are less than three full trading sessions away; treat the gap as event risk, not ordinary stop-distance risk.
Deterministic evidence
KLAC-2.29%
Broad market · SPY-0.54%
Same completed session window ending 2026-07-16.
-1.75 points vs SPY.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
AI interpretation (optional)
Ask a Legend to interpret the evidence only after reviewing the deterministic event timing and relative reaction.
Interpret this evidence
AI output is commentary, not scanner evidence or a sizing recommendation.
Price$219.37Jul 16 close
52W High$307.37-28.6%
52W Low$83.22
Wks Since High2w
Base Depth-31.4%
BaseB3
SMA 50$216.82
SMA 200$157.42
Avg Vol13,016,358
RS Rank93
RS vs High-27.7%
RS Slope-9.3% ▼
ADR%6.7%
ATR(14)$21.42 (9.8%)
Rel Vol (today)1.13×
Vol PaceN/A
U/D Vol0.98
A/D Days10A / 11D
A/D RatingD
VDU Bars0/10 d
Earnings
2d
$83.22
$307.3761%
KLAC Chart
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Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
Council consensus:
🟡 5 of 6 legends are Watching — building, not yet a confirmed buy.
No active breakout tracked — Legend AI monitors daily for pivot-point breaks.
What's a breakout?
🕯 Latest candle: Shooting Star — Long upper shadow with a small body near the low — sellers rejected higher prices. A caution flag when price is extended above a pivot.
Separate score from the 8-point Trend Template (7/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
Weinstein C · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use Stage 1 resistance and the rising 30-week moving average as the Stage 2 transition boundary. Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a Stage 2 breakout above resistance on expanding volume; avoid entries while the 30-week average is flat or falling. Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start below the breakout structure or Stage 1 support where a return to the base invalidates the Stage 2 transition. Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Trail beneath rising 30-week support or later higher swing lows while Stage 2 remains intact. Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit on a decisive 30-week support failure or a Stage 3/Stage 4 transition; never treat a failed Stage 2 break as healthy consolidation. Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
No active setup in the latest scan — showing last result from 11 days ago. Patterns may no longer be valid.
Run a new scan →
Forming Patterns (predictive — not confirmed)
Head & Shouldersbearishforming
75%built
Possible head & shoulders top — not confirmed. Watch for a daily close below ~189.74 (neckline) to confirm, with measured-move risk toward ~72.11. A push back above 247.49 weakens the pattern; reclaiming 307.37 invalidates it.
Confirms below189.74
Invalidates at307.37
Left Shoulder269.90
Head307.37
Right Shoulder247.49
Neckline189.74
Target72.11
LS 269.90 / head 307.37 / RS 247.49, neckline ~189.74, vol_fading=yes
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
Pattern Analysis (historical · 11d ago)
Wyckoff SOS⚠ Volatility widening into breakout⚠ Extended past buy zone⚠ 3rd-stage base⚠ No base tightness
Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
✓
Price above SMA 150 & 200$219.37 vs SMA150 $171.62 / SMA200 $157.42
✓
SMA 150 above SMA 200SMA150 $171.62 vs SMA200 $157.42