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Morning Technical Insight on These Semiconductor Stocks -- SolarEdge Technologies, Cirrus Logic, Canadian Solar, and SPI Energy
[January 10, 2018]

Morning Technical Insight on These Semiconductor Stocks -- SolarEdge Technologies, Cirrus Logic, Canadian Solar, and SPI Energy


NEW YORK, Jan. 10, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on SEDG, CRUS, CSIQ, and SPI which can be accessed for free by signing up to www.wallstequities.com/registration. Taipei Times reported that the global Semiconductor industry will likely see its revenue increase by 8% this year on the back of increasing shipments of memory chips, according to statistics released on January 03rd, 2018, by trade group SEMI. This morning, WallStEquities.com recalls four stocks in the Specialized Semiconductor space to evaluate their recent performance: SolarEdge Technologies Inc. (NASDAQ: SEDG), Cirrus Logic Inc. (NASDAQ: CRUS), Canadian Solar Inc. (NASDAQ: CSIQ), and SPI Energy Co. Ltd (NASDAQ: SPI). All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

SolarEdge Technologies

Herzliya, Israel headquartered SolarEdge Technologies Inc.'s shares saw a decline of 3.00%, finishing Tuesday's trading session at $37.20. A total volume of 666,942 shares was traded. In the last month and the previous three months, the stock has advanced 2.90% and 28.72%, respectively. Additionally, the Company's shares have surged 175.56% over the past year. The stock is trading above its 50-day and 200-day moving averages by 1.96% and 44.33%, respectively. Moreover, shares of SolarEdge Technologies, which together with its subsidiaries, designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations in Israel, Europe, the US, and internationally, have a Relative Strength Index (RSI) of 51.74. Get the full research report on SEDG for free by clicking below at: www.wallstequities.com/registration/?symbol=SEDG

Cirrus Logic

On Tuesday, shares in Austin, Texas headquartered Cirrus Logic Inc. recorded a trading volume of 631,398 shares, and ended the session 1.32% lower at $53.01. The stock has gained 6.36% in the last month. The Company's shares are trading 1.67% below their 50-day moving average. Furthermore, shares of Cirrus Logic, which develops, manufactures, and markets analog and mixed-signal integrated circuits for a range of consumer and industrial markets, have an RSI of 49.61.

On December 29th, 2017, research firm Stifel reiterated its 'Buy' rating on the Company's stock, with a target price of $75 per share. To experience our free membership services anytime/ anywhere and access the free report on CRUS, click to register at: www.wallstequities.com/registration/?symbol=CRUS

Canadian Solar

Shares in Guelph, Canada-based Canadian Solar Inc. closed at $16.95, slightly down 0.88% from the last trading session. The stock recorded a trading volume of 722,845 shares. The Company's shares have gained 6.27% over the previous three months and 34.42% over the past year. The stock is trading 8.92% above its 200-day moving average. Additionally, shares of Canadian Solar, which together with its subsidiaries, designs, develops, manufacturs, and sells solar ingots, wafers, cells, modules, and other solar power products primarily under the Canadian Solar brand name, have an RSI of 42.31.



On January 04th, 2018, Canadian Solar (CSIQ) announced that its wholly-owned subsidiary, CSI New Energy Holding Co., Ltd, has completed the sale of three, solar power plants in China, totaling 44.3 MWp, to Shenzhen Energy Nanjing Holding Co., Ltd., a subsidiary of Shenzhen Energy Group Co., Ltd. The transaction was closed on December 29th, 2017, and CSIQ expects to recognize revenue from the sale of the plants for Q4 2017.

On January 09th, 2018, research firm Goldman initiated a 'Neutral' rating on the Company's stock, with a target price of $19 per share. Join our big investor community at Wall St. Equities today and get your free report on CSIQ at: www.wallstequities.com/registration/?symbol=CSIQ


SPI Energy

Shanghai, China headquartered SPI Energy Co. Ltd's stock ended 0.09% higher at $0.69 with a total trading volume of 241,476 shares. The Company's shares have surged 29.41% in the last month. The stock is trading below its 200-day moving average by 16.77%. Furthermore, shares of SPI Energy, which provides engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies in China and the US, have an RSI of 43.47.

On January 08th, 2018, SPI Energy announced that Scott Sullivan has joined the Company as Chief Marketing Officer and President of SPI US Region, effective immediately. Mr. Sullivan will focus on strengthening the Company's current solar and storage business, expanding the potential opportunities of smart home projects in the United States and helping guide the product and marketing strategy to further improve profitability as the Company continues its evolution in the Cleantech industry. Know more about SPI in our free research coverage at: www.wallstequities.com/registration/?symbol=SPI

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