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Axcelis Technologies Up 6.0%, Shares Break Through Resistance (ACLS)
[May 20, 2013]

Axcelis Technologies Up 6.0%, Shares Break Through Resistance (ACLS)


May 20, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Axcelis Technologies (NASDAQ:ACLS) is one of today's best performing low-priced stocks, up 6.0% to $1.58 on 1.1x average daily volume. Thus far today, Axcelis Technologies has traded 605,000 shares, vs. average volume of 559,000 shares per day. The stock has outperformed the Dow (6.0% to the Dow's 0.1%) and outperformed the S&P 500 (6.0% to the S&P's 0.2%) during today's trading.

In the past 52 weeks, Axcelis Technologies share prices have been bracketed by a low of $0.71 and a high of $1.59 and are now at $1.58, 123% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.5% while the 200-day MA has risen 1.2%.

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


There is potential upside of 26.6% for shares of Axcelis Technologies based on a current price of $1.58 and an average consensus analyst price target of $2.00. Axcelis Technologies shares have support at the 50-day moving average (MA) of $1.24 and additional support at the 200-day MA of $1.14.

SmarTrend is monitoring the recent change of momentum in Axcelis Technologies. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Axcelis Technologies in search of a potential trend change.

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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