This Morning's Technical Outlook on Semiconductor Stocks -- Cree, Axcelis Technologies, Oclaro, and United Microelectronics
NEW YORK, Dec. 19, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on CREE, ACLS, OCLR, and UMC which is a click away at www.wallstequities.com/registration. On Monday, benchmark US indices were in bullish colors as the NASDAQ Composite closed the trading session up 0.84%; the Dow Jones Industrial Average edged 0.57% higher; and the S&P 500 was up 0.54%. US markets made broad based gains with eight out of nine sectors finishing the day in green. Pre-market today, WallStEquities.com reviews these four Semiconductor Equipment & Materials stocks: Cree Inc. (NASDAQ: CREE), Axcelis Technologies Inc. (NASDAQ: ACLS), Oclaro Inc. (NASDAQ: OCLR), and United Microelectronics Corp. (NYSE: UMC). With Wall St. Equities' free research reports get an edge over stock markets, sign up now at:
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Cree Inc.
Durham, North Carolina headquartered Cree Inc.'s stock finished Monday's session 1.28% higher at $39.63. A total volume of 1.81 million shares was traded. The Company's shares have advanced 58.71% over the previous three months, 46.40% in the last twelve months, and 50.17% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 15.58% and 45.62%, respectively. Furthermore, shares of Cree, which provides lighting-class LED, lighting, and semiconductor products for power and radio-frequency applications in the US, China, Europe, South Korea, Japan, Malaysia, Taiwan, and internationally, have a Relative Strength Index (RSI) of 70.55. Our free and thorough report on CREE awaits you at:
www.wallstequities.com/registration/?symbol=CREE
Axcelis Technologies
Shares in Beverly, Massachusetts headquartered Axcelis Technologies Inc. ended at $29.80, up 0.17% from the last trading session. The stock recorded a trading volume of 358,254 shares. The Company's shares have gained 19.68% over the previous three months, 117.52% in the last twelve months, and 104.81% on an YTD basis. The stock is trading above its 200-day moving average by 25.19%. Moreover, shares of Axcelis Technologies, which designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the US, Europe, and Asia/Pacific, have an RSI of 42.21. ACLS's complimentary research coverage is a few simple steps away at:
www.wallstequities.com/registration/?symbol=ACLS
Oclaro
San Jose, California headquartered Oclaro Inc.'s stock ended yesterday's session 2.62% lower at $7.05 with a total trading volume of 5.67 million shares. The Company's shares have advanced 10.85% in the past month. The stock is trading below its 50-day moving average by 4.26%. Additionally, shares of Oclaro, which designs, manufactures, and markets optical components, modules, and subsystems for the long-haul, metro, and data center markets worldwide, have an RSI of 47.18. Are you already registered with Wall St. Equities? Do so now for free, and get the report on OCLR at:
www.wallstequities.com/registration/?symbol=OCLR
United Microelectronics
On Monday, shares in Hsinchu, Taiwan headquartered United Microelectronics Corp. recorded a trading volume of 1.18 million shares. The stock finished the day 1.21% lower at $2.44. The Company's shares have advanced 35.56% over the last twelve months and 39.43% since the start of this year. The stock is trading above its 200-day moving average by 6.30%. Furthermore, shares of United Microelectronics, which provides semiconductor wafer foundry solutions, have an RSI of 37.38. Aspiring Member, please take a moment to register below for your free research report on UMC at:
www.wallstequities.com/registration/?symbol=UMC
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