Semiconductors Equities Technical Updates - Micron Technology, Broadcom, Cypress Semiconductor, Avago Technologies, and Freescale Semiconductor
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LONDON, December 2, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Micron Technology Inc. (NASDAQ: MU), Broadcom Corporation (NASDAQ: BRCM), Cypress Semiconductor Corporation (NASDAQ: CY), Avago Technologies Ltd (NASDAQ: AVGO), and Freescale Semiconductor Ltd (NYSE: FSL). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Monday, December 01, 2014, ended on a negative note as the Dow Jones Industrial Average finished at 17,776.80, down 0.29% and the NASDAQ Composite closed at 4,727.35, down 1.34%. The S&P 500 finished the session 0.68% lower at 2,053.44. During the trading session, eight out of ten sectors finished on a lower note. The S&P 500 Information Technology Sector Index ended the day at 696.40, down 1.11%, whereas the index has advanced 4.74% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Micron Technology Inc.'s stock lost 2.67%, to close the day at $34.99. The stock recorded a trading volume of 21.26 million shares, below its three months average volume of 25.36 million shares. The company's shares oscillated between $34.94 and $36.14 during the session. Over the last three trading sessions and over the past one month, Micron Technology Inc.'s shares have advanced 0.55% and 5.74%, respectively. Further, the stock has surged 60.87% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Micron Technology Inc.'s shares 50-day moving average of $32.19 is above its 200-day moving average of $29.46. Additionally, the stock traded at a PE ratio of 12.62 and has a Relative Strength Index (RSI) of 72.52. Sign up and read the free notes on MU at:
www.Investor-Edge.com/MU-02Dec2014
On Monday, shares in Broadcom Corp. recorded a trading volume of 3.85 million shares, lower than its three months average volume of 5.72 million shares. The stock ended the day at $42.80, which was 0.77% below its previous day's closing of $43.13, and registered an intraday range of $42.40 and $43.09. Shares of the company traded at a PE ratio of 31.54. Broadcom Corp.'s shares have gained 0.98% in the previous three trading sessions, 2.20% in the last one month, and 44.38% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $40.01 and $35.91, respectively. Furthermore, shares of Broadcom Corp. have an RSI of 69.33. The complimentary notes on BRCM can be downloaded as in PDF format at:
www.Investor-Edge.com/BRCM-02Dec2014
Cypress Semiconductor Corp.'s stock fell 1.60% to end Monday's session at $10.43. The stock recorded a trading volume of 2.40 million shares, below its three months average volume of 2.50 million shares. The company's shares fluctuated between $10.36 and $10.68 during the session. Shares of the company traded at a PE ratio of 122.91. Cypress Semiconductor Corp.'s shares have advanced 5.25% over the last one month and 2.46% since the beginning of 2014. However, the stock has lost 4.59% in the previous three months. The stock is trading above its 50-day and 200-day moving averages. Cypress Semiconductor Corp.'s shares 200-day moving average of $10.04 is above its 50-day moving average of $9.80. Additionally, the stock has an RSI of 65.41. Register for free on Investor-Edge and access the latest research on CY at:
www.Investor-Edge.com/CY-02Dec2014
On Monday, shares in Avago Technologies Ltd fluctuated between $90.02 and $93.36 before ending the session 2.62% lower at $90.95. The stock reported a trading volume of 1.71 million shares, lower than its three months average volume of 2.33 million shares. Shares of the company traded at a PE ratio of 46.81. Avago Technologies Ltd's stock has gained 5.45% in the last one month, 10.79% in the previous three months, and 72.00% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $84.56 and $73.39, respectively. Moreover, shares of Avago Technologies Ltd's have an RSI of 67.33. The complete research on AVGO is available for free at:
www.Investor-Edge.com/AVGO-02Dec2014
Freescale Semiconductor Ltd's stock finished Monday's session 3.96% lower at $20.83. A total of 2.03 million shares were traded, which was below its three months average volume of 2.64 million shares. The stock vacillated between $20.72 and $21.63 during the session. Over the previous three trading sessions and over the past three months, Freescale Semiconductor Ltd's shares have fallen by 0.71% and 1.05%, respectively. However, in the last one month and since the beginning of 2014, the stock has gained 4.73% and 29.78%, respectively. The company's shares are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $21.65 is greater than its 50-day moving average of $19.19. Freescale Semiconductor Ltd's stock traded at a PE ratio of 28.14 and has an RSI of 67.26. Free in depth research on FSL is available at:
www.Investor-Edge.com/FSL-02Dec2014
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