Before the Bell Scans of Xilinx, TriQuint Semiconductor, Analog Devices, OmniVision Technologies, and Amkor Technology
LONDON, April 10, 2013 /PRNewswire/ --
The semiconductor industry faced significant challenges in 2012 as the global economy weakened, hurting technology spending. However, global economic outlook has improved significantly since the start of this year, which should boost technology spending. Semiconductor companies such as Xilinx Inc. (NASDAQ: XLNX), TriQuint Semiconductor (NASDAQ: TQNT), Analog Devices Inc. (NASDAQ: ADI), OmniVision Technologies Inc. (NASDAQ: OVTI), and Amkor Technology Inc. (NASDAQ: AMKR) are also adapting to the shift to mobile as more and more users switch to smartphones and tablets from PCs. Semiconductor stocks ended mostly higher on Tuesday, tracking gains in the broad market, which rose following strong economic data from China. StockCall has taken an interest in these companies and you can now sign up to download the free technical research on XLNX, TQNT, ADI, OVTI, and AMKR at
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Xilinx Inc.'s shares edged higher on Tuesday; however, the gains were limited. The stock ended the day 0.05% higher at $36.76 on volume of 1.51 million, which is less than half the daily average volume of 3.29 million. The company's shares have gained more than 3% so far in 2013, underperforming the broad market. The stock is currently trading 6.77% below its 52-week high. Shares of XLNX are also trading below their 50-day moving average, which is a bearish signal. Sign up today to read the free research report on XLNX at
http://www.StockCall.com/XLNX041013.pdf
TriQuint Semiconductor's shares rose sharply yesterday, tracking gains in the broad market. The stock ended the day 1.01% higher at $4.99 on volume of 1.78 million. The semiconductor company's shares have gained more than 2.20% in the last three trading sessions, which indicates that market sentiment is bullish on the stock. It has seen a series of highs in the last few sessions, which further confirms the bullish trend. Register to download the free technical analysis on TQNT at
http://www.StockCall.com/TQNT041013.pdf
Analog Devices Inc.'s shares ended marginally higher in Tuesday's session. The stock closed 0.16% higher at $44.07 on above average volume of 2.57 million after touching an intra-day high of $44.27. Shares of ADI are currently trading close to their 52-week high of $47.27. Year-to-date, the company's shares have gained nearly 5.60%, underperforming the broad market. The stock currently faces stiff resistance at around $47. Free report on ADI can be accessed by registering at
http://www.StockCall.com/ADI041013.pdf
OmniVison Technologies Inc.'s shares were among the major gainers in the semiconductor sector yesterday. The stock rose to an intra-day high of $13.59 before finishing the day 1.28% higher at $13.42 on volume of 847,364. Despite the gains on Tuesday, OmniVision's shares are still down nearly 4.70% for the year. The company's shares had seen a series of lows last week. However, the stock has bounced back after finding support at around $13. Register with StockCall and download the research on OVTI for free at
http://www.StockCall.com/OVTI041013.pdf
Amkor Technology Inc.'s shares fell sharply in trading yesterday. The stock ended the day 2.80% lower at $3.78 on volume of 864,958. The stock fell to an intra-day low of $3.77. Amkor's shares are currently trading close to their 52-week low of $3.65. Year-to-date, the stock has fallen more than 10.80%, underperforming the S&P 500. Read the full free research on AMKR by signing up to StockCall at
http://www.StockCall.com/AMKR041013.pdf
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