Semiconductors Equities Technical Briefing -- Linear Technology, Canadian Solar, Himax Technologies, Altera, and ReneSola

LONDON, July 28, 2014 /PRNewswire/ --

On Friday, July 25, 2014, the NASDAQ Composite ended at 4,449.56, down 0.50%, the Dow Jones Industrial Average finished the day 0.72% lower at 16,960.57, and the S&P 500 closed at 1,978.34, down 0.48%. The losses were broad based as eight out of ten sectors ended the session in negative. The S&P 500 Information Technology Sector Index ended the day at 654.82, down 0.23%, while the index has advanced 3.70% in the last one month. Investor-Edge has initiated coverage on the following equities: Linear Technology Corporation (NASDAQ: LLTC), Canadian Solar Inc. (NASDAQ: CSIQ), Himax Technologies Inc. (NASDAQ: HIMX), Altera Corporation (NASDAQ: ALTR), and ReneSola Ltd (NYSE: SOL). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

On Friday, shares in Linear Technology Corp. recorded a trading volume of 2.66 million shares, higher than its three months average volume of 1.87 million shares. The stock finished the day at $44.03, down 1.03%, and registered an intraday range of $43.81 and $44.30. Shares of Linear Technology Corp. have lost 5.68% in the last one month and 1.37% in the previous three months. Also, the stock has declined 3.34% on YTD basis. Furthermore, the company is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $46.56 is above its 200-day moving average of $45.05. Additionally, shares of the company traded at a PE ratio of 23.17 and have a Relative Strength Index (RSI) of 29.62. Sign up and read the free notes on LLTC at:

http://www.Investor-Edge.com/LLTC-28Jul2014

Canadian Solar Inc.'s stock declined 1.14%, to close Friday's session at $27.65, after oscillating between $27.46 and $28.18. The stock recorded a trading volume of 1.75 million shares, below its three months average volume of 3.10 million shares. Over the last one month and previous three months, Canadian Solar Inc.'s shares have fallen by 7.18% and 8.29%, respectively. Also, from the beginning of 2014, the company's stock has lost 7.28%. The stock is trading above its 50-day moving average. The company's 200-day moving average of $30.44 is above its 50-day moving average of $26.91. Further, Canadian Solar Inc.'s shares traded at a PE ratio of 40.07 and have an RSI of 45.88. The complimentary notes on CSIQ can be downloaded as in PDF format at:

http://www.Investor-Edge.com/CSIQ-28Jul2014

On Friday, Himax Technologies Inc.'s stock finished the session 2.35% lower at $5.83. A total of 2.63 million shares were traded, which was below its three months average volume of 5.31 million shares. The stock moved between $5.80 and $5.97 during the session. Over the last one month and past three months, Himax Technologies Inc.'s shares have plummeted 14.26% and 32.13%, respectively. Also, the stock has declined 60.37% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $10.39 is greater than its 50-day moving average of $6.57. Himax Technologies Inc.'s stock traded at a PE ratio of 15.67 and has an RSI of 36.53. Register for free on Investor-Edge and access the latest research on HIMX at:

http://www.Investor-Edge.com/HIMX-28Jul2014

Shares in Altera Corp. fluctuated between $33.32 and $34.32 before ending Friday's session down 1.65%, at $33.48. The company's stock reported a trading volume of 6.52 million shares, above its three months average volume of 3.02 million shares. Further, shares of Altera Corp. have fallen by 2.93% over the last one month. However, the stock has gained 1.18% over the past three months and 2.98% on YTD basis. The company is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $34.23 is greater than its 200-day moving average of $33.87. Moreover, shares of the company traded at a PE ratio of 22.93 and have an RSI of 37.12. The complete research on ALTR is available for free at:

http://www.Investor-Edge.com/ALTR-28Jul2014

ReneSola Ltd's stock advanced 0.81%, to close Friday's session at $2.50, after vacillating between $2.45 and $2.52. The stock recorded a trading volume of 0.73 million shares, below its three months average volume of 1.93 million shares. Over the last one month, ReneSola Ltd's shares have lost 13.79%. Also, over the past three months and from the beginning of 2014, the company's stock has gone down by 15.82% and 27.54%, respectively. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $3.48 is above its 50-day moving average of $2.62. Further, ReneSola Ltd's shares have an RSI of 43.17. Free in depth research on SOL is available at:

http://www.Investor-Edge.com/SOL-28Jul2014

About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

===============

EDITOR'S NOTES:

===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Investor-Edge.com

SOURCE Investor-Edge

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED