LONDON, April 18, 2013 /PRNewswire/ --
The technology sector weighed down by lower-than-expected quarterly financial numbers by industry giants like Intel. The sector's benchmark index NASDAQ closed 1.84 percent lower at 3,204.67, following the bearish trend in broader markets. Major semiconductor companies like NXP Semiconductors NV (NASDAQ: NXPI), Avago Technologies Ltd (NASDAQ: AVGO), LDK Solar Co. Ltd (NYSE: LDK) and Intersil Corp (NASDAQ: ISIL) also closed lower for the day. StockCall has posted free technical research reports on NXPI, AVGO, LDK, and ISIL and these can be accessed by signing up at
NXP Semiconductors NV's stock is up 4.73 percent on a YTD basis, despite its 7.04 percent decline in the previous trading session. The stock closed at $26.56 after trading in the range of $26.30 and $28.23. It shows a bearish streak and may touch $26.12 level. Its second support level is at $24.97. It traded 6.31 million shares during Wednesday's session, up from its average trading volume of 3.10 million. NXP Semiconductors grew 9.98 percent in the past 52 weeks and has shown some recovery in 2013. It is currently trading below its short-term moving average price of $29.05. The company commands market capitalization of $6.69 billion. Download the free report on NXPI upon registration at
Avago Technologies Ltd closed its Wednesday's trading session at $32.40, down 6.29 percent from its previous close. The stock shows a neutral trend but currently is in the oversold territory with Relative Strength Index of 34.66. It is likely to see some growth in the coming sessions and may find resistance at $33.00. Upon breaching this level, it may go up to $33.84 level. Avago's stock traded 6.4 million shares during yesterday's session, and it oscillated in the range of $32.28 and $33.77. The stock has declined 13.08 percent in the past 52 weeks, and its price range for the same time period stands between $29.70 and $37.94. AVGO technical report can be accessed for free by signing up at
LDK Solar Co. Ltd is trading below its long-term moving average price, indicating a neutral trend. It also closed its latest trading session at $1.08. The stock remained flat with below average volume of 1.17 million shares. LDK Solar trades at beta of 2.83, making the stock a volatile proposition. The stock declined 20 percent this year. It traded in the range of $0.71 and $3.50 in the past 52 weeks and lost 66.14 percent of its value during the same time period. Its market capitalization stands at $137.34 million. Free report on LDK can be accessed by registering at
Intersil Corp. extended its 52-weeks losses to 28.87 percent by closing its previous trading session 4.44 percent lower. The stock closed at $7.54, with trading volume of 1.42 million shares, while its regular trading volume stands at 888,794. It is down 6.91 percent on a YTD basis. The company is currently in a bearish mode and is expected to go up to $7.70 in the coming trading sessions. Its next resistance level is at $7.81. On the downside, it is expected to face its first support level at $6.50. Intersil's shares traded in the range of $6.31 and $11.27 in the past 52 weeks. Register with StockCall and download the research on ISIL for free at
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