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How These Semiconductor Stocks are Performing? -- Cree, Oclaro, Synopsys, and United Microelectronics
[November 14, 2017]

How These Semiconductor Stocks are Performing? -- Cree, Oclaro, Synopsys, and United Microelectronics


NEW YORK, Nov. 14, 2017 /PRNewswire/ -- If you want a Stock Review on CREE, OCLR, SNPS, or UMC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. On Monday, November 13, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. US markets saw four out of nine sectors finishing the day in red, two in green, and three in neutral territory. Taking into consideration yesterday's market sentiment, DailyStockTracker.com assessed the following Semiconductor Equipment & Materials equities this morning: Cree Inc. (NASDAQ: CREE), Oclaro Inc. (NASDAQ: OCLR), Synopsys Inc. (NASDAQ: SNPS), and United Microelectronics Corp. (NYSE: UMC). Learn more about these stocks by registering for free on DailyStockTracker.com and accessing the complimentary research reports at: http://dailystocktracker.com/register/

Cree
On Monday, shares in Durham, North Carolina headquartered Cree Inc. recorded a trading volume of 1.24 million shares. The stock ended at $35.07, rising 1.80% from the last trading session. The Company's shares have gained 19.45% in the last month, 47.48% over the previous three months, 45.04% in the last twelve months, and 32.89% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 19.06% and 34.09%, respectively. Furthermore, shares of Cree, which provides lighting-class light emitting diode, lighting, and semiconductor products for power and radio-frequency applications in the US, China, Europe, South Korea, Japan, Malaysia, Taiwan, and internationally, have a Relative Strength Index (RSI) of 64.72.

On November 06th, 2017, research firm Deutsche Bank upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $26 a share to $45 a share. See our free and comprehensive research report on CREE at: http://dailystocktracker.com/registration/?symbol=CREE

Oclaro
San Jose, California headquartered Oclaro Inc.'s stock finished yesterday's session 1.13% higher at $6.29. A total volume of 3.39 million shares was traded. The stock is trading below its 50-day moving average by 23.41%. Furthermore, shares of Oclaro, which designs, manufactures, and markets optical components, modules, and subsystems for the long-haul, metro, and data center markets worldwide, have an RSI of 29.54.

On November 02nd, 2017, research firm Needham downgraded the Company's stock rating from 'Strong Buy' to 'Buy' while revising its previous target price from $14 a share to $9 a share. OCLR free research report PDF is just a click away at: htp://dailystocktracker.com/registration/?symbol=OCLR

Synopsys
At the close of trading on Monday, shares in Mountain View, California headquartered Synopsys Inc. saw a rise of 0.62%, ending the day at $87.82. The stock recorded a trading volume of 777,058 shares. The Company's shares have advanced 12.26% in the previous three months, 47.27% over the last twelve months, and 49.20% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.02% and 16.19%, respectively. Moreover, shares of Synopsys, which provides electronic design automation software products used to design and test integrated circuits, have an RSI of 71.65. Sign up for your complimentary report on SNPS at: http://dailystocktracker.com/registration/?symbol=SNPS

United Microelectronics
Hsinchu, Taiwan headquartered United Microelectronics Corp.'s shares ended the day 0.77% lower at $2.57 with a total trading volume of 1.02 million shares. The stock has gained 10.78% in the previous three months, 43.58% over the last twelve months, and 46.86% on an YTD basis. The Company's shares are trading above their 200-day moving average by 15.99%. Additionally, shares of United Microelectronics, which provides semiconductor wafer foundry solutions, have an RSI of 48.62. Register for free on DailyStockTracker.com and download the latest research report on UMC at: http://dailystocktracker.com/registration/?symbol=UMC


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