StockCall.com Provides Stock Research on Applied Materials Inc., KLA-Tencor Corp., United Microelectronics Corp., Cree Inc., and Entegris Inc.
New York City, New York -- (May 23, 2013)
The semiconductor industry in the U.S. faced significant challenges in 2012 as businesses scaled back their spending on technology due to uncertainty over the fiscal cliff issue. The fiscal cliff issue, however, has been resolved. In addition, the U.S. economic outlook has also been improving. These developments augur well for the semiconductor industry. The semiconductor sector ended mostly lower on Wednesday, May 22, 2013, tracking losses in the broad market, which fell after investors digested minutes of Federal Reserve’s most recent monetary policy meeting. The major movers in the sector included Applied Materials Inc. (NASDAQ: AMAT), KLA-Tencor Corporation (NASDAQ: KLAC), United Microelectronics Corp (NYSE: UMC), Cree Inc. (NASDAQ: CREE), and Entegris Inc. (NASDAQ: ENTG). StockCall has posted free technicalresearch on AMAT, KLAC, UMC, CREE, and ENTG which can be downloaded upon sign up at
Applied Materials Inc.’s stock is up 29.13 percent on a YTD basis despite its 0.89 percent decline in the previous session. The stock closed at $14.54 after trading in the range of $14.45 and $14.90. The stock shows a bullish streak and may touch $14.70 level. Its second resistance level is at $14.97. It traded 10.79 million shares during the session, down from its average trading volume of 13.24 million. Applied Materials grew 40.35 percent in the past 52 weeks and has shown some recovery so far in 2013. It is currently trading above its short-term moving average price of $14.50. Sign up and read the complimentary report on AMAT at
KLA-Tencor Corporation’s stock trimmed its YTD returns with 1.03 percent decline in Wednesday’s session. The stock traded in the range of $55.38 and $56.72 and closed at $55.48. However, it traded lower than average number of shares at 2.03 million. The stock is in a neutral mode and is likely to maintain its trend cent in the coming sessions. Its first resistance level is at $55.72, and it may test the support level of $54.28 in the coming sessions. KLA-Tencor commands market capitalization of $9.20 billion. The free report on KLAC can be downloaded by signing up now at
United Microelectronics Corp. traded in the range of $2.25 and $2.28 in its latest trading session, and it ended the day at $2.27, down 1.73 percent. The stock’s 52 weeks range stands at $1.75 and $2.34. UMC has lost 0.44 percent of its value in the past 12 months, while it grew 13.5 percent on a YTD basis. The company is in a bullish mode and may find its first support level at $2.23. It is trading above its 20-day moving average of $2.03. Free report on UMC can be accessed by registering at
Despite the downward trend shown by broad market indices, Cree Inc.’s stock finished 0.94 percent higher at $60.41, with volume up from daily average of 2.51 million to 3.94 million. The stock is up so far in 2013 with its year-to-date gain at 81.96 percent. It currently shows bullish trend which is further confirmed by the stock’s MACD chart. Cree has its first support level at $57.81.Register withStockCall and download the research on CREE for free at
Entegris Inc. traded in the range of $9.81 and $10.10 in its latest trading session. Its volume stood at 878,326 shares, up from its average daily volume of 572,122. Entegris closed the session at $9.87, down 0.40 percent. The stock is currently trading above its short-term moving average price of $9.84, showing a bullish trend. In the coming sessions, the company is expected to go as high as $9.96, while its first support level is at $9.77. Read the full free research on ENTG by signing up to StockCall at
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at
William T. Knight
Contact Number: (646) 396-9857 (9:00 am EST – 01:30 pm EST)
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here