LONDON, May 13, 2014 /PRNewswire/ --
On Monday, May 12, 2014, the NASDAQ Composite ended at 4,143.86, up 1.77%, the Dow Jones Industrial Average finished the day 0.68% higher at 16,695.47, and the S&P 500 closed at 1,896.65, up 0.97%. The gains were broad based as eight out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 600.60, up 1.48%, and the index has advanced 4.43% in the last one month. Investor-Edge has initiated coverage on the following equities: Infosonics Corporation (NASDAQ: IFON), Knowles Corporation (NYSE: KN), Veeco Instruments Inc. (NASDAQ: VECO) and United Microelectronics Corporation (NYSE: UMC). Free technical research on IFON, KN, VECO and UMC can be downloaded upon signing up at:
On Monday, Infosonics Corp.'s stock recorded a trading volume of 0.75 million shares, higher than its three months average volume of 0.64 million shares. The stock finished the day at $1.96, up 10.73%, and registered an intraday range of $1.77 and $2.01. Infosonics Corp.'s shares have surged 4.26% in the past three trading sessions and 28.10% on YTD basis. However, the stock has lost 29.75% in the last one month. Furthermore, the company's stock is trading above its 200-day moving average. The stock's 50-day moving average of $3.13 is above its 200-day moving average of $1.64. Additionally, Shares of the company have a Relative Strength Index (RSI) of 22.50. Sign up today to read free research on IFON at:
Knowles Corp.'s stock gained 1.65% to close Monday's session at $30.15, after oscillating between $29.57 and $30.38. The stock recorded a trading volume of 0.82 million shares during the session. Over the previous three trading sessions, Knowles Corp.'s stock has gained 0.87%; however, over the last one month, it has declined 2.17%. The stock is trading below its 50-day moving average of $30.71. Further, the company's stock has an RSI of 47.21. Sign up today to read free research on KN at:
On Monday, shares in Veeco Instruments Inc. finished the session 1.29% higher at $33.10. A total of 0.36 million shares were traded, which was below its three months average volume of 0.59 million shares. The stock moved between $32.78 and $33.45 during the session. Over the past three trading sessions and since the start of this year, Veeco Instruments Inc.'s shares have advanced 2.03% and 0.58%, respectively. However, the stock has gone-down by 16.65% over the last one month. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $39.95 is greater than its 200-day moving average of $35.79. Veeco Instruments Inc.'s stock has an RSI of 28.02. Sign up today to read free research on VECO at:
Shares in United Microelectronics Corp. fluctuated between $2.15 and $2.18 before ending Monday's session flat at the previous day's closing price of $2.17. The company's stock reported a trading volume of 1.07 million shares, below its three months average volume of 1.28 million shares. Further, United Microelectronics Corp.'s shares have advanced 2.84% in the last one month and 8.50% in the previous three months. Also, the stock has gone-up 6.37% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $2.09 is greater than its 200-day moving average of $2.04. Moreover, shares of the company have an RSI of 57.13. Sign up today to read free research on UMC at:
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