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Daily Technical Summary Reports on Application Software Stocks -- Synaptics, Cheetah Mobile, Ellie Mae, and MuleSoft
[September 13, 2017]

Daily Technical Summary Reports on Application Software Stocks -- Synaptics, Cheetah Mobile, Ellie Mae, and MuleSoft


NEW YORK, September 13, 2017 /PRNewswire/ --

If you want a Stock Review on SYNA, CMCM, ELLI, or MULE then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com shifts focus on the global Application Software space, which is a consolidated industry consisting of ERP, CRM, SCM, and business intelligence and analytics. A combination of factors, such as IT spending, technological innovations and economic growth, impacts the industry dynamics significantly. Lined up for evaluation this morning are the following equities: Synaptics Inc. (NASDAQ: SYNA), Cheetah Mobile Inc. (NYSE: CMCM), Ellie Mae Inc. (NYSE: ELLI), and MuleSoft Inc. (NYSE: MULE). Register now and get full and free access to these DailyStockTracker.com research reports at:

http://dailystocktracker.com/register/

Synaptics 

On Tuesday, shares in San Jose, California headquartered Synaptics Inc. recorded a trading volume of 1.15 million shares, which was above their three months average volume of 1.12 million shares. The stock ended at $40.79, rising 3.84% from the last trading session. The Company's shares are trading below their 50-day moving average by 12.87%. Furthermore, shares of Synaptics, which develops, markets, and sells intuitive human interface solutions for electronic devices and products worldwide, have a Relative Strength Index (RSI) of 43.31.  

On August 15th, 2017, Synaptics announced that the Company's AudioSmart® far-field voice technology has been selected by Anker for its innovative Eufy Genie smart speakers. Genie is an exciting new smart home hub that is fully integrated with the Amazon Alexa voice-control system. Eufy Genie stands ready as a tireless Alexa personal assistant capable of seamless smart home service in real-world noisy conditions due to its integrated Synaptics®AudioSmart solution - blending industry-leading analog, mixed-signal and DSP technologies for high-fidelity voice and audio processing.

On August 22nd, 2017, research firm Oppenheimer reiterated its 'Underperform' rating on the Company's stock with a decrease of the target price from $45 a share to $35 a share. Access our complete research report on SYNA for free at:

http://dailystocktracker.com/registration/?symbol=SYNA

Cheetah Mobile 

Beijing, China headquartered Cheetah Mobile Inc.'s stock finished yesterday's session 0.64% higher at $9.42. A total volume of 1.17 million shares was traded, which was above their three months average volume of 793,540 shares. The Company's shares are trading below their 50-day moving average by 10.55%. Furthermore, shares of Cheetah Mobile, which operates a platform that offers mobile and PC applications for its users and global content promotional channels, have an RSI of 40.18.  


On August 22nd, 2017, Cheetah Mobile announced its unaudited consolidated financial results for Q2 ended June 30th, 2017. For Q2 2017, total revenues were RMB1,201.6 million (US$177.2 million); operating profit was RMB66.2 million (US$9.8 million); and net income was RMB70.2 million (US$10.4 million). The Company also generated RB194.7 million (US$28.7 million) of net cash from operating activities and RMB185.1 million (US$27.3 million) of free cash flow during the quarter.

On August 23rd, 2017, research firm Nomura reiterated its 'Neutral' rating on the Company's stock with an increase of the target price from $11.50 a share to $12 a share. The complimentary research report on CMCM can be downloaded at:


http://dailystocktracker.com/registration/?symbol=CMCM



Ellie Mae 

At the close of trading on Tuesday, shares in Pleasanton, California headquartered Ellie Mae Inc. rose 0.17%, ending the day at $84.34. The stock recorded a trading volume of 265,062 shares. The Company's shares have advanced 0.43% in the last one month and 0.79% since the start of this year. The stock is trading 10.52% below its 50-day moving average. Moreover, shares of Ellie Mae, which provides on-demand software solutions and services for the residential mortgage industry in the US, have an RSI of 40.45.  

On September 11th, 2017, Ellie Mae announced that it has launched Encompass® Direct Mail, designed to help lenders identify new business opportunities and increase loan volume for lenders of all sizes through targeted direct mail marketing campaigns. The easy-to-implement direct mail strategies leverage the content engine within the Company's Encompass CRM and help lenders drive new purchase and refinance business while building their brand awareness through audience-specific outreach. Register for free on DailyStockTracker.com and get access to the latest report on ELLI at:

http://dailystocktracker.com/registration/?symbol=ELLI

MuleSoft 

San Francisco, California headquartered MuleSoft Inc.'s shares ended the day 0.27% lower at $21.95 with a total trading volume of 601,207 shares. The stock has gained 1.48% in the last month. The Company's shares are trading 3.87% below their 50-day moving average. Additionally, shares of MuleSoft, which owns and operates Anypoint Platform, an integration solution for connecting applications, data sources, and devices, both on-premises and in the cloud, have an RSI of 50.60. Download your free research report on MULE at:

http://dailystocktracker.com/registration/?symbol=MULE

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