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Stock to Watch: Axcelis Technologies Up 5.3% (ACLS)
[May 03, 2013]

Stock to Watch: Axcelis Technologies Up 5.3% (ACLS)


May 03, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Axcelis Technologies (NASDAQ:ACLS) is one of today's best performing low-priced stocks, up 5.3% to $1.40 on 1.7x average daily volume. Axcelis Technologies has traded 893,000 shares thus far today, vs. average volume of 531,000 shares per day. The stock has outperformed the Dow (5.3% to the Dow's 1.1%) and outperformed the S&P 500 (5.3% to the S&P's 1.2%) during today's trading.

Axcelis Technologies, Inc. designs, manufactures and services ion implantation, day strip, thermal processing and curing equipment used in the fabrication of semiconductor chips.

Axcelis Technologies has overhead space with shares priced $1.40, or 30.0% below the average consensus analyst price target of $2.00. Axcelis Technologies shares have support at the 50-day moving average (MA) of $1.20 and additional support at the 200-day MA of $1.12.


Over the past year, Axcelis Technologies has traded in a range of $0.71 to $1.45 and is now at $1.40, 97% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.2%.

SmarTrend is tracking the current trend status for Axcelis Technologies and will alert subscribers who have ACLS in their portfolio or watchlist when shares have changed trend direction.

Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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