Semiconductor Stocks Technical Update: ON Semiconductor, Atmel, Integrated Device Technology, and Freescale Semiconductor Editor Note: For more information about this release, please scroll to bottom.
LONDON, March 13, 2014 /PRNewswire/ --
On Wednesday, March 12, 2014, the NASDAQ Composite ended at 4,323.33, up 0.37%, the Dow Jones Industrial Average fell 0.07% to 16,340.08, and the S&P 500 closed at 1,868.20, up 0.03%. The gains were narrow based as four out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index finished the day at 597.50, up 0.24%, while the same has gained 1.95% in the last one month. Investor-Edge.com has initiated coverage on the following equities: ON Semiconductor Corporation (NASDAQ: ONNN), Atmel Corporation (NASDAQ: ATML), Integrated Device Technology Inc. (NASDAQ: IDTI), and Freescale Semiconductor Ltd (NYSE: FSL). Free research on these four companies can be accessed at:
On Wednesday, shares in ON Semiconductor Corp. edged 0.11% higher, to close the day at $9.41. A total of 5.84 million shares were traded, which is below the three months average volume of 6.49 million. The company's shares oscillated between $9.26 and $9.47 during the trading session. Shares of the company traded at a PE ratio of 21.23. ON Semiconductor Corp.'s shares have gained 5.26% in the last one month, 26.31% in the previous three months, and 14.20% on YTD basis. The company's shares are trading above its 50-day and 200-day moving averages. ON Semiconductor Corp.'s 50-day moving average of $8.84 is above the 200-day moving average of $7.89. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 56.58. Sign up and read the free notes on ONNN at:
Atmel Corp.'s stock recorded a trading volume of 3.26 million shares, as compared with a three months average volume of 6.41 million shares. The stock ended the day at $8.07, up 0.12% after oscillating between $7.95 and $8.09. Shares of the company traded at a PE ratio of 130.06. Atmel Corp.'s shares have declined 2.89% in the previous three trading sessions, while the same has advanced 3.46% in the last one month and 3.07% on YTD basis. The company's shares are trading above its 200-day moving average. Atmel Corp.'s 50-day moving average of $8.13 is above the 200-day moving average of $7.65. Additionally, shares of the company are trading at the Relative Strength Index (RSI) of 49.50. The complimentary notes on ATML can be downloaded as in PDF format at:
On Wednesday, Integrated Device Technology Inc.'s stock finished the session at $11.96, down 0.75%. The stock recorded trading volume of 2.16 million shares as compared to a three months average volume of 2.44 million shares. The stock fluctuated between $11.91 and $12.31 during the session. Shares of the company traded at a PE ratio of 41.24. Integrated Device Technology Inc.'s shares have fallen by 2.84% in the previous three trading sessions, while the same has gained 1.61% in the last one month, and 17.49% on YTD basis. The company's shares are trading above its 50-day and 200-day moving averages. Integrated Device Technology Inc.'s 50-day moving average of $10.96 is above the 200-day moving average of $9.65. Moreover, the stock is trading at the Relative Strength Index (RSI) of 55.57. Register for free on Investor-Edge and access the latest research on IDTI at:
Shares in Freescale Semiconductor Ltd recorded a trading volume of 2.17 million shares, as compared with a three months average volume of 2.44 million shares. The stock ended the day at $23.04, up 1.59% and at an intraday range of $22.39 and $23.04. Shares of the company traded at a PE ratio of 1346.97. Freescale Semiconductor Ltd's shares have declined 1.50% in the previous three trading sessions, while the same has gained 12.39% in the last one month, and 43.55% on YTD basis. The company's shares are trading above its 50-day and 200-day moving averages. Freescale Semiconductor Ltd's 50-day moving average of $18.70 is above the 200-day moving average of $16.19. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 67.35. The complete research on FSL is available for free at:
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