Technical Coverage on Semiconductor Stocks -- Research on Montage Technology, Pixelworks, Applied Micro Circuits, and International Rectifier
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LONDON, March 28, 2014 /PRNewswire/ --
The trading session on Thursday, March 27, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,264.23, down 0.03% and the NASDAQ Composite closed at 4,151.23, down 0.54%. The S&P 500 finished the session 0.19% lower at 1,849.04. The losses were broad based as seven out of ten sectors ended the session in negative. The S&P 500 Information Technology Sector Index finished the day at 588.69, down 0.61%, and the same has declined 1.19% in the last one month. Investor-Edge has initiated coverage on the following equities: Montage Technology Group Ltd (NASDAQ: MONT), Pixelworks Inc. (NASDAQ: PXLW), Applied Micro Circuits Corp. (NASDAQ: AMCC) and International Rectifier Corp. (NYSE: IRF). Free technical research on MONT, PXLW, AMCC and IRF can be downloaded upon signing up at:
http://www.investor-edge.com/575-register
Shares in Montage Technology Group Ltd closed at $20.11 on Thursday, which is 0.30% higher than the previous day's closing price of $20.05. A total of 0.34 million shares were traded as compared with its three months average volume of 0.57 million. The company's shares oscillated between $19.40 and $20.29 during the trading session. Montage Technology Group Ltd's shares have fallen by 0.25% in the previous three trading sessions, while the stock has gained 25.69% in the last one month and 23.30% on YTD basis. The stock is trading above its 50-day moving average of $19.44. Furthermore, shares of the company have a Relative Strength Index (RSI) of 54.99. Sign up today to read free research on MONT at:
http://www.investor-edge.com/575-MONT-28Mar2014.pdf
Pixelworks Inc.'s stock witnessed a trading volume of 0.72 million shares on Thursday, which is below the three months average volume of 1.69 million shares. The stock ended the day at $5.53, up 1.84% after fluctuating between $5.35 and $5.70. Shares in Pixelworks Inc. have declined 2.98% in the previous three trading sessions, but has surged 9.50% in the last one month and 14.73% on YTD basis. The stock is trading above its 200-day moving average. Pixelworks Inc.'s 50-day moving average of $5.61 is above its 200-day moving average of $4.50. Additionally, shares of the company have an RSI of 45.38. Sign up today to read free research on PXLW at:
http://www.investor-edge.com/575-PXLW-28Mar2014.pdf
On Thursday, shares in Applied Micro Circuits Corp. edged 0.21% lower, finishing the session at $9.49. The stock recorded a trading volume of 1.19 million shares, which is below its three months average volume of 1.21 million. The company's shares fluctuated between $9.38 and $9.67 during the session. Applied Micro Circuits Corp.'s shares have fallen by 2.87% in the previous three trading sessions, 16.83% in the last one month and 29.03% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $10.69 and $11.35, respectively. Moreover, shares of the company indicated a RSI of 35.33. Sign up today to read free research on AMCC at:
http://www.investor-edge.com/575-AMCC-28Mar2014.pdf
Shares in International Rectifier Corp. recorded a trading volume of 0.26 million shares, which is below three months average volume of 0.45 million. The stock ended Thursday's session at $26.79, down 0.81 % after vacillating between $26.55 and $27.13. International Rectifier Corp.'s traded at a PE ratio of 1339.50. Shares in International Rectifier Corp. have declined 2.33% in the previous three trading sessions, 0.56% in the last one month while the same has gained 2.76% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. International Rectifier Corp.'s 50-day moving average of $26.55 is above its 200-day moving average of $24.70. Further, the company's shares have an RSI of 51.66. Sign up today to read free research on IRF at:
http://www.investor-edge.com/575-IRF-28Mar2014.pdf
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