WFE / Test / Metrology Scan
WFE / Test / Metrology Scan
The entire wafer-fab-equipment / metrology complex is in a synchronized strong uptrend near 52wk highs — this is the hottest sleeve in the batch. AMAT is parabolic (RSI 76, +51.9% 30D, +95% vs SMA200, -3.4% from high); KLAC (RSI 70.2, +49.1% 30D), AMKR (RSI 70.5), ENTG (RSI 68.2, +43.9% 30D), LRCX (RSI 68.5, +66% 3M), KLIC (RSI 67.3), ONTO (RSI 65.5), ASML (RSI 65.7, -0.68% from high) all running hot. Nothing is below RSI 56; AMAT RSI 76 is the lone overbought extreme. No pullbacks, no oversold — a fully extended, broad-strength sleeve.
Latest bar Thursday 2026-06-18 (Fri 06-19 Juneteenth, closed). TER/KLIC/BESIY 2d stale (06-16/06-17) — flagged inline. BESIY is an OTC ADR; ASML US-listed.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟠 Uniformly strong and extended — every name in a strong-up regime near its 52wk high, RSI 56-76. AMAT parabolic; the whole WFE/metrology/test complex is in a synchronized melt-up |
| Key insight | This is the leadership sleeve of the full scan — but it's fully extended. AMAT RSI 76 (parabolic), KLAC/AMKR/LRCX/ENTG/KLIC all RSI 67-70 near highs. No pullback, no oversold entry; the risk is chasing into a crowded, extended trade — hold winners, wait for digestion to add |
Price Table
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | 52wkHi% | Signal |
|---|---|---|---|---|---|---|---|---|
| AMAT | $617.11 | 76 ↑ | +22.9% | +4.61% | +51.85% | +72.97% | -3.41% | ⚠️ Avoid (parabolic) |
| AMKR | $90.46 | 70.5 | +21.0% | +6.00% | +38.17% | +88.14% | -6.43% | 🔒 Hold |
| KLAC | $259.56 | 70.2 | +20.8% | +1.35% | +49.12% | +71.94% | -2.85% | 🔒 Hold |
| LRCX | $389.04 | 68.5 | +15.4% | +1.97% | +28.72% | +66.26% | -6.04% | 🔒 Hold |
| ENTG | $178.77 | 68.2 | +25.4% | +7.78% | +43.91% | +54.40% | -1.20% | 🔒 Hold |
| KLIC | $116.31 | 67.3 | +9.2% | +7.10% | +19.35% | +74.53% | -2.61% | 🔒 Hold (06-17, 2d stale) |
| ASML | $1929.68 | 65.7 | +11.4% | +2.84% | +32.22% | +41.53% | -0.68% | 🔒 Hold |
| ONTO | $333.76 | 65.5 | +17.8% | -3.11% | +27.66% | +59.34% | -9.35% | 🔒 Hold |
| ACLS | $187.53 | 63.4 | +14.5% | -1.11% | +30.93% | +115.25% | -3.23% | 🔒 Hold |
| FORM | $149.55 | 60.2 | +14.9% | +1.12% | +27.60% | +57.26% | -6.00% | 🔒 Hold |
| BESIY | $352.92 | 59.7 | +5.6% | +0.21% | +18.79% | +66.31% | -0.53% | 🔒 Hold (06-17, 2d stale) |
| CAMT | $195.16 | 57.3 | +10.5% | -2.05% | +28.98% | +13.30% | -9.64% | 🔒 Hold |
| TER | $409.35 | 56.8 | +8.4% | +12.46% | +27.55% | +36.77% | -6.49% | 🔒 Hold (06-16, 2d stale) |
Tier Analysis
Parabolic / Avoid-chase (RSI 76): AMAT (RSI 76, +51.9% 30D, +73% 3M, parabolic regime, +94.6% vs SMA200, -3.4% from 52wk high, alpha1y +239) — the WFE bellwether at a parabolic extreme. Hold if owned; chasing a fresh entry at RSI 76 is asymmetric.
Leaders / Hold (RSI 65-71, near 52wk highs): AMKR (RSI 70.5, +88% 3M), KLAC (RSI 70.2, +49.1% 30D, -2.9% from high), LRCX (RSI 68.5, +66% 3M), ENTG (RSI 68.2, +43.9% 30D, +25.4% vs SMA20, -1.2% from high — the most extended vs SMA20), KLIC (RSI 67.3, +75% 3M), ASML (RSI 65.7, -0.68% from high — the EUV monopoly near its high), ONTO (RSI 65.5, +59% 3M). The core WFE/metrology leadership — all strong-up, near highs, extended.
Constructive / Hold (RSI 56-64): ACLS (RSI 63.4, +115% 3M — the biggest 3M gainer, ion-implant), FORM (RSI 60.2, +57% 3M, probe cards), BESIY (RSI 59.7, -0.53% from high, hybrid bonding, thesis intact), CAMT (RSI 57.3, +29% 30D, inspection), TER (RSI 56.8, +12.5% 7D, test). Strong uptrends, slightly less extended — the least-stretched names in the sleeve.
Entry Zones
| Stock | Price | RSI | 30D% | Setup |
|---|---|---|---|---|
| TER | $409.35 | 56.8 | +27.55% | Least-extended leader (RSI 56.8, +8.4% vs SMA20); +12.5% 7D into strength — watch for a pullback to SMA20 ($378) to add (06-16, 2d stale) |
| CAMT | $195.16 | 57.3 | +28.98% | Inspection name, RSI 57.3, -9.6% from high; relatively less stretched — watch for SMA20 hold on any dip |
| BESIY | $352.92 | 59.7 | +18.79% | Hybrid-bonding, only -0.53% from high, thesis intact; lowest vs-SMA20 (+5.6%) of the leaders — least-extended add candidate (06-17, 2d stale) |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔒 HOLD | AMKR, KLAC, LRCX, ENTG, KLIC, ASML, ONTO, ACLS | Core WFE/metrology leaders, strong-up near 52wk highs — hold, extended to chase |
| 🔒 HOLD | FORM, BESIY, CAMT, TER | Constructive uptrends, least-stretched names — best add candidates on a pullback |
| ⚠️ AVOID | AMAT | RSI 76 parabolic, +52% 30D — don't chase fresh entry |
What Changed
- Whole sleeve in synchronized melt-up — every name strong-up, near 52wk highs; the leadership group of the full scan
- AMAT parabolic — RSI 76, +51.9% 30D, +73% 3M, -3.4% from high; the WFE bellwether at an overbought extreme
- KLAC accelerating — RSI 70.2, +49.1% 30D into a new-high run
- ACLS biggest 3M gainer — +115% 3M, RSI 63.4 (ion-implant)
- ASML near its high — RSI 65.7, -0.68% from high, +32% 30D; the EUV monopoly leading from the front
- No pullback, no oversold — lowest RSI is TER 56.8; the entire complex is extended, with zero contrarian entries
The Gold
Key Discoveries
| Discovery | Implication |
|---|---|
| Entire WFE/metrology/test sleeve strong-up near 52wk highs | This is the full scan's leadership group — the AI-capex/WFE cycle is in a synchronized melt-up, not a rotation |
| Zero pullback/oversold names; AMAT parabolic | The trade is crowded and extended; the only "entry" is patience for a digestion, not a dip-buy |
| Least-stretched leaders are TER/CAMT/BESIY (vs-SMA20 +5.6 to +10.5%) | If forced to add, these carry the lowest extension risk vs the RSI-70 cluster |
Mistakes (Don't Repeat)
| Mistake | Lesson |
|---|---|
| Chasing AMAT at RSI 76 because "WFE is leadership" | Parabolic + near high = asymmetric; leadership ≠ a good entry price |
| Adding to ENTG at +25.4% vs SMA20 | Most-extended name in the sleeve; mean-reversion risk highest here |
Open Questions
- Is the synchronized WFE melt-up sustainable on AI-capex orders, or is it a crowded momentum trade due for a sharp digestion? (needs event/earnings verify — not in this scan)
- On the next sleeve-wide pullback, do the least-extended names (TER/CAMT/BESIY) or the parabolic leaders (AMAT/KLAC) lead the recovery?
Related
10 eventsNo direct external sources are attached to this read.