Semiconductor - Integrated Circuits Equities Technical Coverage -- Taiwan Semiconductor Manufacturing, SunEdison, Broadcom, MaxLinear, and Microsemi

Aug 03, 2015, 09:00 ET from

NEW YORK, August 3, 2015 /PRNewswire/ --

Equity Research Institute has initiated coverage on the following equities: Taiwan Semiconductor Manufacturing Company Ltd (NYSE: TSM), SunEdison Inc. (NYSE: SUNE), Broadcom Corporation (NASDAQ: BRCM), MaxLinear Inc. (NYSE: MXL) and Microsemi Corporation (NASDAQ: MSCC). Free research report on Taiwan Semiconductor Manufacturing can be accessed at On Friday, July 31, 2015, the NASDAQ Composite ended at 5,128.28, down 0.01%, the Dow Jones Industrial Average edged 0.32% lower, to finish the day at 17,689.86, and the S&P 500 closed at 2,103.84, down 0.23%. The gains were broad based as five out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.  

On Friday, shares in Taiwan Semiconductor Manufacturing Co. Ltd ended the session 2.60% lower at $22.11. The stock reported a trading volume of 16.21 million shares, above its three months average volume of 11.64 million shares. Shares of the company traded at a PE ratio of 14.26. Taiwan Semiconductor Manufacturing Co. Ltd's shares have fallen by 3.58% in the last one month and 7.79% in the previous three months. However, the stock has advanced 1.93% on YTD basis. The stock is trading 2.98% below its 50-day moving average and 1.71% below its 200-day moving average. Moreover, shares of Taiwan Semiconductor Manufacturing Co. Ltd have a Relative Strength Index (RSI) of 45.06. Sign up and read the free notes on TSM at:

SunEdison Inc.'s stock plummeted 9.17%, to close the day at $23.28. The stock recorded a trading volume of 38.87 million shares, much above its three months average volume of 10.44 million shares. Over the last one month and over the past three months, SunEdison Inc.'s shares have declined 21.32% and 9.24%, respectively. However, the stock has surged 19.32% since the start of this year. The company's shares are trading 2.46% below their 200-day moving average. Additionally, SunEdison Inc. has an RSI of 22.34. The complimentary notes on SUNE can be downloaded in PDF format at:

On Friday, shares in Broadcom Corp. recorded a trading volume of 9.20 million shares, lower than their three months average volume of 10.29 million shares. The stock ended the day 1.44% lower at $50.61. Shares of the company traded at a PE ratio of 44.39. Although, Broadcom Corp.'s stock has lost 2.49% in the last one month, it has surged 12.70% in the previous three months and 17.52% on YTD basis. The company is trading above its 200-day moving averages by 11.66%. Furthermore, shares of Broadcom Corp. have an RSI of 38.08. Register for free on Equity Research Institute and access the latest research on BRCM at:

MaxLinear Inc.'s stock declined 1.27%, to close Friday's session at $10.88. The stock recorded a trading volume of 0.25 million shares, below its three months average volume of 0.60 million shares. Over the previous three months and since the beginning of 2015, MaxLinear Inc.'s shares have surged 20.49% and 46.83%, respectively. However, the stock has declined 9.86% in the last one month. The company is trading 22.66% above its 200-day moving average. Furthermore, MaxLinear Inc.'s stock has an RSI of 39.00. The complete research on MXL is available for free at:

Microsemi Corp.'s stock finished Friday's session 0.54% lower at $32.94. A total of 0.56 million shares were traded, which was close to its three months average volume of 0.57 million shares. Over the last one month and the previous three months, Microsemi Corp.'s shares have fallen by 5.24% and 3.06%, respectively. However, the stock has gained 16.07% since the start of this year. The company's shares are trading above their 200-day moving average by 5.03%. Microsemi Corp.'s stock traded at a PE ratio of 34.67 and has an RSI of 45.30. Free in-depth research on MSCC is available at:


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