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Pre-Market Technical Pulse on Tech Stocks -- Canadian Solar, Life Storage, SPI Energy, and Axcelis Technologies
[September 12, 2017]

Pre-Market Technical Pulse on Tech Stocks -- Canadian Solar, Life Storage, SPI Energy, and Axcelis Technologies


NEW YORK, September 12, 2017 /PRNewswire/ --

If you want a Stock Review on CSIQ, LSI, SPI, or ACLS then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com revisits the Technology sector, which consists of companies engaged in manufacturing semiconductors, communications equipment, computer hardware, and technology-related office equipment, as well as providers of consulting and IT services. In this morning's lineup are the following stocks: Canadian Solar Inc. (NASDAQ: CSIQ), Life Storage Inc. (NYSE: LSI), SPI Energy Co. Ltd (NASDAQ: SPI), and Axcelis Technologies Inc. (NASDAQ: ACLS). Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:

http://dailystocktracker.com/register/

Canadian Solar 

Guelph, Canada-based Canadian Solar Inc.'s stock finished Monday's session 2.15% higher at $16.65 with a total trading volume of 746,313 shares. The Company's shares have advanced 0.60% in the past month, 29.88% in the previous three months, and 36.70% since the start of this year. The stock is trading 2.13% above its 50-day moving average and 20.87% above its 200-day moving average. Additionally, shares of Canadian Solar, which together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products primarily under the Canadian Solar brand name, have a Relative Strength Index (RSI) of 57.46.

On August 21st, 2017, research firm Barclays downgraded the Company's stock rating from 'Equal Weight' to 'Underweight' while revising its previous target price from $12 a share to $14 a share.

On September 08th 2017, Canadian Solar announced that it is scheduled to attend the 5th Annual ROTH Solar and Storage Symposium on September 12th, 2017, at the Mandalay Bay Convention Center in Las Vegas. During the conference, Dr. Huifeng Chang, Senior Vice President and CFO, and Ms. Mary Ma, Senior Supervisor of Investor Relations will be available to meet with institutional investors. CSIQ complete research report is just a click away at:

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


Life Storage 

On Monday, shares in Buffalo, New York headquartered Life Storage Inc. recorded a trading volume of 968,184 shares, which was above their three months average volume of 517,700 shares. The stock ended the session 2.89% lower at $80.07. The Company's shares have advanced 8.76% in the last one month and 7.51% in the previous three months. The stock is trading 8.72% above its 50-day moving average and 0.77% above its 200-day moving average. Moreover, shares of Life Storage, which invests in the real estate markets of US, have an RSI of 66.35.

On September 07th, 2017, Life Storage announced that David Rogers, CEO, will participate in a roundtable presentation at the 2017 Global Real Estate Conference, hosted by Bank of America Merrill Lynch. The Company's presentation will be webcast live on September 13th, 2017, at approximately 3:40 p.m. ET, and will be available under the Investor Relations page of the Company's website.

O September 11th, 2017, research firm KeyBanc Capital Markets upgraded the Company's stock rating from 'Underweight' to 'Sector Weight'. The complimentary report on LSI can be downloaded at:


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


SPI Energy 


Shanghai, the People's Republic of China headquartered SPI Energy Co. Ltd's shares closed the day 1.38% higher at $0.38. The stock recorded a trading volume of 154,177 shares. The Company's shares are trading 27.26% below their 50-day moving average. Additionally, shares of SPI Energy have an RSI of 31.90.

On September 07th, 2017, SPI Energy announced that Mr. Minghua Zhao had resigned as Co-COO of the Company's China business as well as director of its board of directors due to personal health reasons. His resignation took effect on September 06th, 2017. The Company's COO Mr. Hoong Khoeng Cheong has assumed Mr. Zhao's role and has been appointed as Director of its Board of Directors, effective September 06th, 2017. Sign up for your complimentary report on SPI at:

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


Axcelis Technologies 

Shares in Beverly, Massachusetts headquartered Axcelis Technologies Inc. finished 4.65% higher at $22.50. The stock recorded a trading volume of 370,496 shares. The Company's shares have surged 15.68% in the last one month and 54.64% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.09% and 21.37%, respectively. Furthermore, shares of Axcelis Technologies, which designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the US, Europe, and Asia/Pacific, have an RSI of 62.50.

On September 07th, 2017, Axcelis Technologies announced that it has received orders for the Purion H™ high current system from multiple leading chip manufacturers. The 200mm and 300mm system orders include a new foundry penetration and the successful completion of a tool evaluation with follow on business to the same memory customer. The systems will support high volume production of DRAM and mature devices. All of the systems have shipped. Download the research report for free on ACLS at:

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

--

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