Technical Summary on Semiconductors Stocks -- Research on Mellanox Technologies, Entropic Communications, Xilinx, and Analog Devices
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LONDON, April 21, 2014 /PRNewswire/ --
On Thursday, April 17, 2014, the NASDAQ Composite ended at 4,095.52, up 0.23%, the Dow Jones Industrial Average declined 0.10% to 16,408.54, and the S&P 500 closed at 1,864.85, up 0.14%. The gains were broad based as seven out of 10 sectors ended the session in positive. The S&P 500 Information Technology Sector Index finished the day at 588.13, down 0.30%, and the same has lost 1.97% in the last one month. Investor-Edge has initiated coverage on the following equities: Mellanox Technologies Ltd (NASDAQ: MLNX), Entropic Communications Inc. (NASDAQ: ENTR), Xilinx Inc. (NASDAQ: XLNX) and Analog Devices Inc. (NASDAQ: ADI). Free technical research on MLNX, ENTR, XLNX and ADI can be downloaded upon signing up at:
http://www.investor-edge.com/1434-register
Shares in Mellanox Technologies Ltd gained 0.30% on Thursday, closing at $36.78, after oscillating between $35.80 and $36.99. A total of 0.32 million shares were traded, which was much below its three months average volume of 0.51 million shares. Over the last one month and previous three months, shares in Mellanox Technologies Ltd have lost 12.60% and 18.41%, respectively. Also, since the beginning of this year, the company's stock has declined 7.98%. The company's stock is trading below its 50-day and 200-day moving averages. Mellanox Technologies Ltd's 200-day moving average of $39.66 is above its 50-day moving average of $37.96. Furthermore, the company's stock has a Relative Strength Index (RSI) of 41.75. Sign up today to read free research on MLNX at:
http://www.investor-edge.com/1434-MLNX-21Apr2014.pdf
Entropic Communications Inc.'s shares witnessed a trading volume of 0.25 million shares on Thursday, which was below its three months average volume of 0.73 million shares. The stock ended the day at $3.93, up 3.69%, after trading between $3.74 and $3.96. Over the last one month and since the start of this year, shares in Entropic Communications Inc. have declined 12.86% and 16.38%, respectively. However, during the previous three trading sessions, the company's stock has advanced 1.81%. The stock is trading below its 50-day and 200-day moving averages. Entropic Communications Inc.'s 200-day moving average of $4.33 is above its 50-day moving average of $4.20. Additionally, the company's shares have an RSI of 42.77. Sign up today to read free research on ENTR at:
http://www.investor-edge.com/1434-ENTR-21Apr2014.pdf
On Thursday, Xilinx Inc.'s stock advanced 1.46% finishing the session at $52.18. The stock recorded a trading volume of 2.58 million shares which was much below its three months average volume of 4.03 million shares. The stock fluctuated between $51.30 and $52.40 during the trading session. Over the past three trading sessions and last three months, Xilinx Inc.'s shares have gone-up 0.95% and 10.50%, respectively. Also, since the beginning of this year, the company's stock has surged 13.63%. The stock is trading above its 50-day and 200-day moving averages. Xilinx Inc.'s 50-day moving average of $52.12 is above its 200-day moving average of $46.97. Moreover, the company's shares are trading at a PE ratio of 24.27 and have an RSI of 46.51. Sign up today to read free research on XLNX at:
http://www.investor-edge.com/1434-XLNX-21Apr2014.pdf
Analog Devices Inc.'s shares recorded a trading volume of 2.05 million shares, as compared with its three months average volume of 2.20 million shares. The stock ended Thursday's session at $52.85, up 1.34%, and registered an intraday trading range of $52.07 and $53.19. Over the past three trading sessions and last three months, Analog Devices Inc.'s shares have advanced 0.74% and 7.03%, respectively. Also, since the beginning of this year, the company's stock has gained 3.77%. The stock is trading above its 50-day and 200-day moving averages. Analog Devices Inc.'s 50-day moving average of $51.79 is above its 200-day moving average of $49.28. Moreover, the company's shares are trading at a PE ratio of 24.10 and have an RSI of 51.78. Sign up today to read free research on ADI at:
http://www.investor-edge.com/1434-ADI-21Apr2014.pdf
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