Semiconductors Equities Technical Briefing - ReneSola, STMicroelectronics, International Rectifier, Spansion, and Altera
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LONDON, December 4, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: ReneSola Ltd. (NYSE: SOL), STMicroelectronics N.V. (NYSE: STM), International Rectifier Corporation (NYSE: IRF), Spansion Inc. (NYSE: CODE), and Altera Corporation (NASDAQ: ALTR). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Wednesday, December 03, 2014, the NASDAQ Composite ended at 4,774.47, up 0.39%, the Dow Jones Industrial Average advanced 0.18%, to finish the day at 17,912.62, and the S&P 500 closed at 2,074.33, up 0.38%. The gains were broad based as seven out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 701.39, up 0.46%, with the index also advancing 6.09% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
ReneSola Ltd.'s stock finished Wednesday's session flat at $1.62. A total of 0.81 million shares were traded, which was much below its three months average volume of 1.90 million shares. The stock moved between $1.59 and $1.66 during the session. Over the previous three trading sessions and the last one month, ReneSola Ltd.'s shares have declined 10.00% and 32.50%, respectively. Additionally, from the beginning of 2014, the stock has plummeted 53.04%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $2.83 is greater than its 50-day moving average of $2.42. ReneSola Ltd.'s stock has a Relative Strength Index (RSI) of 25.14. Sign up and read the free notes on SOL at:
www.Investor-Edge.com/SOL-04Dec2014
On Wednesday, shares in STMicroelectronics N.V. fluctuated between $7.46 and $7.59 before ending the session 1.74% higher at $7.59. The stock reported a trading volume of 0.35 million shares, much below its three months average volume of 0.95 million shares. STMicroelectronics N.V.'s shares have advanced 1.47% in the previous three trading sessions and 11.78% in the last one month. However, the stock has lost 5.13% on YTD basis. The company's stock is trading above its 50-day moving average of $7.15. Moreover, shares of STMicroelectronics N.V. have an RSI of 59.62. The complimentary notes on STM can be downloaded as in PDF format at:
www.Investor-Edge.com/STM-04Dec2014
International Rectifier Corp.'s stock edged 0.03% lower, to close the day at $39.90. The stock recorded a trading volume of 0.50 million shares, below its three months average volume of 1.29 million shares. The stock oscillated between $39.89 and $39.95 during the session. Over the last one month and over the past three months, International Rectifier Corp.'s shares have gained 0.25% and 1.27%, respectively. Further, the stock has surged 53.05% since the start of this year. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $39.59 is above its 200-day moving average of $31.46. Additionally, International Rectifier Corp.'s stock traded at a PE ratio of 33.61 and has an RSI of 63.46. Register for free on Investor-Edge and access the latest research on IRF at:
www.Investor-Edge.com/IRF-04Dec2014
On Wednesday, shares in Spansion Inc. recorded a trading volume of 6.91 million shares, higher than its three months average volume of 2.07 million shares. The stock ended the day at $28.86, which was 3.59% above its previous day's closing of $27.86, and registered an intraday range of $27.83 and $29.30. Spansion Inc.'s shares have rallied 40.92% in the last one month, 26.91% in the previous three months and 107.78% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $20.23 and $19.58, respectively. Furthermore, shares of Spansion Inc. have an RSI of 81.91. The complete research on CODE is available for free at:
www.Investor-Edge.com/CODE-04Dec2014
Altera Corp.'s stock edged 0.83% higher, to close Wednesday's session at $37.63, after oscillating between $37.05 and $37.69. The stock recorded a trading volume of 3.57 million shares, above its three months average volume of 3.20 million shares. Over the last one month and the previous three months, Altera Corp.'s shares have advanced 8.29% and 6.30%, respectively. Additionally, from the beginning of 2014, the stock has gained 15.75%. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $34.58 is above its 200-day moving average of $34.57. Further, Altera Corp.'s stock traded at a PE ratio of 25.60 and has an RSI of 67.40. Free in depth research on ALTR is available at:
www.Investor-Edge.com/ALTR-04Dec2014
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