NEW YORK, May 23, 2017 /PRNewswire/ --
On Monday, May 22, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Eight out of nine sectors ended Monday's trading session in bullish territories. Taking into consideration yesterday's market sentiment, Stock-Callers.com assessed the following Technology equities this morning: Micron Technology Inc. (NASDAQ: MU), Rambus Inc. (NASDAQ: RMBS), SolarEdge Technologies Inc. (NASDAQ: SEDG), and MagnaChip Semiconductor Corp. (NYSE: MX). Download the free research reports on these stocks today:
On Monday, shares in Boise, Idaho headquartered Micron Technology Inc. recorded a trading volume of 17.96 million shares. The stock ended the session 0.86% higher at $28.06. The Company's shares have gained 2.71% in the last one month, 18.05% over the previous three months, and 28.01% on an YTD basis. The stock is trading 1.77% above its 50-day moving average and 29.97% above its 200-day moving average. Moreover, shares of Micron Technology, which provides semiconductor systems worldwide, have a Relative Strength Index (RSI) of 51.95.
On May 08th, 2017, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Neutral'. See our free and comprehensive research report on MU at:
Sunnyvale, California headquartered Rambus Inc.'s stock closed the day 0.17% lower at $12.06. A total volume of 815,343 shares was traded, which was above their three months average volume of 767,060 shares. The Company's shares are trading 5.25% below their 50-day moving average. Additionally, shares of Rambus, which manufactures and sells semiconductor products in South Korea and internationally, have an RSI of 39.37. RMBS free research report PDF is just a click away at:
Shares in Herzliya, Israel headquartered SolarEdge Technologies Inc. recorded a trading volume of 1.05 million shares, which was higher than their three months average volume of 712,670 shares. The stock ended yesterday's trading session 3.37% higher at $18.40. The Company's shares have advanced 16.09% in the past month, 19.48% in the previous three months, and 48.39% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 17.12% and 23.20%, respectively. Furthermore, shares of SolarEdge Technologies, which together with its subsidiaries, designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations in Israel, Europe, the US, and internationally, have an RSI of 70.67. Sign up for your complimentary report on SEDG at:
Luxembourg-based MagnaChip Semiconductor Corp.'s stock finished Monday's session 2.29% lower at $8.55 with a total trading volume of 255,683 shares. The Company's shares have advanced 2.40% in the last one month, 14.00% over the previous three months, and 37.90% since the start of this year. The stock is trading above its 200-day moving average by 10.35%. Additionally, shares of MagnaChip Semiconductor, which designs, manufactures, and sells analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive, and Internet of Things applications worldwide, have an RSI of 45.07.
On May 10th, 2017, research firm Citigroup initiated a 'Neutral' rating on the Company's stock. Register for free on Stock-Callers.com and download the latest research report on MX at:
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