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This Morning's Technical Outlook on Semiconductor Stocks -- Enphase Energy, Oclaro, Synopsys, and United Microelectronics
[February 06, 2018]

This Morning's Technical Outlook on Semiconductor Stocks -- Enphase Energy, Oclaro, Synopsys, and United Microelectronics


NEW YORK, Feb. 6, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on ENPH, OCLR, SNPS, and UMC which can be accessed for free by signing up to www.wallstequities.com/registration. On Monday, benchmark US indices were in bearish colors as the NASDAQ Composite closed the trading session down 3.78%; the Dow Jones Industrial Average edged 4.60% lower; and the S&P 500 was down 4.10%. US markets made broad based losses with all sectors finishing the day in red. Pre-market today, WallStEquities.com reviews these four Semiconductor Equipment & Materials stocks: Enphase Energy Inc. (NASDAQ: ENPH), Oclaro Inc. (NASDAQ: OCLR), Synopsys Inc. (NASDAQ: SNPS), and United Microelectronics Corp. (NYSE: UMC). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

Enphase Energy

Petaluma, California headquartered Enphase Energy Inc.'s stock finished Monday's session 11.11% higher at $2.30. A total volume of 2.09 million shares was traded, which was above its three months average volume of 1.05 million shares. The Company's shares have advanced 58.62% over the previous three months and 60.84% in the last twelve months. The stock is trading above its 200-day moving averages by 56.66%. Furthermore, shares of Enphase Energy, which together with its subsidiaries, designs, develops, and sells microinverter systems for residential and commercial markets in the US and internationally, have a Relative Strength Index (RSI) of 52.46. Get the full research report on ENPH for free by clicking below at: www.wallstequities.com/registration/?symbol=ENPH

Oclaro

Shares in San Jose, California headquartered Oclaro Inc. ended at $5.65, down 5.04% from the last trading session. The stock recorded a trading volume of 6.19 million shares, which was above its three months average volume of 5.25 million shares. The stock is trading below its 50-day moving average by 17.37%. Moreover, 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 31.15.

On February 02nd, 2018, research firm Jefferies downgraded the Company's stock rating from 'Buy' to 'Hold'. OCLR's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=OCLR

Synopsys

Mountain View, California headquartered Synopsys Inc.'s stock ended yesterday's session 2.82% lower at $87.62 with a total trading volume of 1.48 million shares, which was above its three months average volume of 1.11 million shares. The Company's shaes have advanced 35.01% in the last twelve months. The stock is trading above its 200-day moving average by 8.19%. Additionally, shares of Synopsys, which provides electronic design automation software products used to design and test integrated circuits, have an RSI of 39.77. Are you already registered with Wall St. Equities? Do so now for free, and get the report on SNPS at: www.wallstequities.com/registration/?symbol=SNPS



United Microelectronics

On Monday, shares in Hsinchu, Taiwan headquartered United Microelectronics Corp. recorded a trading volume of 1.17 million shares, which was above their three months average volume of 1.05 million shares. The stock finished the day 1.64% lower at $2.40. The Company's shares have advanced 31.87% over the last twelve months. The stock is trading above its 200-day moving average by 1.13%. Furthermore, shares of United Microelectronics, which provides semiconductor wafer foundry solutions, have an RSI of 41.74.


On January 24th, 2018, research firm Credit Suisse upgraded the Company's stock rating from 'Underperform' to 'Neutral'. Aspiring Member, please take a moment to register below for your free research report on UMC at: www.wallstequities.com/registration/?symbol=UMC

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