Technical Report on Information Technology Stocks -- Research on Infosonics, Knowles, Veeco Instruments, and United Microelectronics

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:

http://www.investor-edge.com/2447-register

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:

http://www.investor-edge.com/2447-IFON-13May2014.pdf

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:

http://www.investor-edge.com/2447-KN-13May2014.pdf

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:

http://www.investor-edge.com/2447-VECO-13May2014.pdf

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:

http://www.investor-edge.com/2447-UMC-13May2014.pdf


===============
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.

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