NXP Semiconductors, Avago Technologies, LDK Solar, Intersil, and Silicon Image Early Briefing and Review

Mar 20, 2013, 08:20 ET from StockCall.com

LONDON, March 20, 2013 /PRNewswire/ --

The outlook for semiconductor industry has improved significantly as the global economy has shown signs of recovery since the start of this year. With technology spending from businesses likely to rise in 2013, companies such as NXP Semiconductors NV (NASDAQ: NXPI), Avago Technologies Ltd. (NASDAQ: AVGO), LDK Solar Co. Ltd. (NYSE: LDK), Intersil Corp. (NASDAQ: ISIL) and Silicon Image Inc. (NASDAQ: SIMG) can expect a solid year ahead. Semiconductor stocks ended on a mixed note on Tuesday as the broad market remained under pressure amid worries that Cyprus's bailout agreement could re-ignite the Eurozone debt crisis. StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at


Shares of NXP Semiconductors NV edged lower in Tuesday's session; however, the losses were limited. The stock closed 0.15% lower at $29.67 on above average volume of 4.18 million. Shares of NXPI have fallen nearly 6% in the last three trading sessions. Despite the sharp decline, the stock is up more than 12.70% this year, outperforming the broad market. The company's shares have seen a pullback after failing to break through $33 resistance level. Sign up for the free report on NXPI at


Shares of Avago Technologies Ltd. posted modest gains in yesterday's trading session. The stock closed 0.11% higher at $35.30 on above average volume of 3.34 million. Avago's shares have struggled in the last few days, falling more than 3.70% in the last three sessions. The stock currently has support at around $35. The stock's MACD chart suggests that market sentiment has turned bearish. AVGO free technical report can be accessed by signing up at


Even as market sentiment was weighed down by the Eurozone's worries on Tuesday, shares of LDK Solar Co. Ltd. rose sharply. Shares of the China-based company rose 2.76% to finish the day at $1.30 on volume of 1.10 million. LDK Solar's shares have now gained 4% in the last three sessions. Despite recent gains, the company's shares have struggled so far this year, falling more than 9.30%. The stock is currently trading well below its 50-day and 200-day moving averages, which is a bearish signal. The negative trend is further confirmed by the stock's MACD chart. Free report on LDK can be accessed by registering at


Shares of Intersil Corp. ended marginally lower on Tuesday, closing 0.46% lower at $8.62 on volume of 874,818. The stock has fallen more than 4% in the last three sessions. Despite the recent losses, the stock is still up nearly 4% for the year. Intersil's shares have slipped after failing to break through $9 resistance level. The stock has been struggling to break through this level over the past few months. The stock's MACD chart suggests that market sentiment is bearish on the stock. Register with StockCall and download the research on ISIL for free at


Silicon Image Inc.'s shares also edged lower on Tuesday, closing 0.40% lower at $4.96 on volume of 431,006. The company's shares have had a decent run over the last two weeks, with the stock seeing a series of highs. The stock also broke through $5 resistance level recently before slipping below it once again. The stock's MACD chart is still giving bullish signals. The stock is also trading above its 50-day and 200-day moving averages. Read the full free research on SIMG by signing up to StockCall at


About StockCall.com

StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at


SOURCE StockCall.com