Morning Research on Applied Materials, Cree, United Microelectronics, KLA-Tencor, and Entegris

    Morning Research on Applied Materials, Cree, United Microelectronics,
                           KLA-Tencor, and Entegris

PR Newswire

LONDON, April 19, 2013

LONDON, April 19, 2013 /PRNewswire/ --

Semiconductor companies are adapting to the changing market dynamics. With
more and more users switching to smartphones and tablets, mobile computing is
expected to be the key growth driver for semiconductor companies going
forward. The industry faced significant challenges in 2012 amid a slowdown in
the global economy. However, outlook for 2013 as improved as global economy
has shown signs of improvement. On Thursday, semiconductor stocks ended mostly
lower. Among the major movers were Applied Materials Inc. (NASDAQ: AMAT), Cree
Inc. (NASDAQ: CREE), United Microelectronics Corp. (NYSE: UMC), KLA-Tencor
Corporation (NASDAQ: KLAC), and Entegris Inc. (NASDAQ: ENTG). StockCall has
posted free technical research reports on AMAT, CREE, UMC, KLAC, and ENTG and
these can be accessed by signing up at

Applied Materials Inc.'s shares slipped in trading yesterday, tracking losses
in the broad market. The stock closed 0.96% lower at $12.92 on above average
volume of 13.91 million. Shares of AMAT traded between $12.89 and $13.23 on
Thursday. The stock has fallen nearly 3% in the last three sessions. Despite
the pullback, Applied Materials' shares are still trading close to their
52-week high of $13.99. Year-to-date, the stock is still up more than 13.60%,
outperforming the S&P 500. Download the free report on AMAT upon registration

Shares of Cree Inc. also edged lower on Thursday. The stock fell to an
intra-day low of $52.68 before paring some of the losses to finish the day
0.90% lower at $53.12 on volume of 2.25 million. Despite the pullback
yesterday, Cree's shares are up nearly 0.80% in the last three trading
sessions. The company's shares are currently facing stiff resistance at around
$55. The stock currently has strong support at around $52.50. Its MACD is
currently trading below the signal line, which is a bearish signal. CREE
technical report can be accessed for free by signing up at

United Microelectronics Corp.'s shares fluctuated between gains and losses on
Thursday before finishing the day flat at $1.80 on volume of 678,384. The
stock is currently trading close to its 52-week low of $1.75. Its shares have
struggled so far in 2013, falling more than 9.50%. The stock has seen a series
of lows since the start of this year, which is a bearish signal. The negative
trend is further confirmed by the stock's MACD chart. The free report on UMC
can be downloaded by signing up now at

Shares of KLA-Tencor Corporation edged higher yesterday; however, the gains
were limited. The stock closed 0.23% higher at $52.87 on above average volume
of 2.14 million. The company's shares have gained more than 1% in the last
three sessions even as the broad market has struggled. Year-to-date, the stock
has gained nearly 11.50%, outperforming the S&P 500. However, the stock
recently slipped below its 50-day moving average, which is a bearish signal.
Free report on KLAC can be accessed by registering at

Entegris Inc.'s shares ended marginally lower in Thursday's session. The stock
closed 0.54% lower at $9.19 on above average volume of 634,698. The stock has
fallen nearly 2% in the last three sessions. Entegris' shares are currently
trading 9.72% below their 52-week high. The stock is also trading below its
50-day moving average, which is a bearish signal. The stock's MACD is trading
below the signal line and the zero-line, further confirming the negative
trend. Register with StockCall and download the research on ENTG for free at

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