Technical Study: RF Micro Devices Inc., Skyworks Solutions Inc., Semtech
Corp., and PLX Technology Inc.
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LONDON, September 13, 2013
LONDON, September 13, 2013 /PRNewswire/ --
On Thursday, September 12, 2013, all three benchmark indexes closed lower,
with the Dow Jones Industrial Average falling by 0.17%, the S&P 500 losing
0.34%, and the NASDAQ Composite declining by 0.24%. The shares in the
semiconductor - integrated circuits industry fell sharply as the broader
markets finished on a lower note. The major movers in the sector included RF
Micro Devices Inc. (NASDAQ: RFMD), Skyworks Solutions Inc. (NASDAQ: SWKS),
Semtech Corporation (NASDAQ: SMTC), and PLX Technology Inc. (NASDAQ: PLXT).
AAAResearchReports.com free coverage on RFMD, SWKS, SMTC, and PLXT is
available upon registration at:
On Thursday, RF Micro Devices Inc.'s stock ended the session 2.10% lower than
the previous day's price of $5.49. The company's shares oscillated between
$5.31 and $5.52 before closing the day at $5.37. A total of 4.70 million
shares were traded, which is above the daily average volume of 4.41 million.
Despite Thursday's losses, the company's shares have advanced 8.48% in the
previous one month and 7.40% in the last three months, outperforming the S&P
500 which has fallen by 0.36% and has gained 4.40% during the respective
periods. Additionally, RF Micro Devices Inc.'s stock has moved nearer to its
52-week high of $5.75 as well as above its 50-day and 200-day moving averages
of $5.17 and $5.05, respectively. Download free technical research on RFMD by
signing up at:
On Thursday, Skyworks Solutions Inc.'s shares oscillated between $25.28 and
$25.75 before closing the day at $25.40, which is 0.70% lower than the
previous day's closing price of $25.58. A total of 2.56 million shares were
traded, which is below the daily average volume of 3.13 million. The company's
shares have rallied 22.59% in the last three months and advanced 4.74% in the
last one month, outperforming the S&P 500 which has gained 4.40% and has lost
0.36% during the respective periods. Moreover, Skyworks Solutions Inc.'s stock
is trading above its 50-day and 200-day moving averages of $24.05 and $22.49,
respectively. Register now and get access to free analysis on SWKS at:
Semtech Corp.'s stock closed slightly lower on Thursday, tracking losses in
the broader market. The company's shares fluctuated between $30.85 and $31.48
before finishing the day 0.16% lower at $31.25. A total of 0.41 million shares
were traded, which is below the daily average volume of 0.71 million. The
company's shares have gained 2.66% in the previous three trading sessions and
5.11% in the last one month, outperforming the S&P 500 which has gained 0.70%
and has lost 0.36% during the respective periods. Furthermore, Semtech Corp.'s
stock is trading below its 50-day and 200-day moving averages of $31.49 and
$31.79, respectively. Sign up and read our complimentary report on SMTC at:
Shares in PLX Technology Inc. fell sharply on Thursday, reversing some of its
gains from the previous trading session. The company's shares closed the day
1.87% lower at $5.76 after trading between $5.73 and $5.89. A total of 0.27
million shares were traded, which is below the daily average volume of 0.44
million. The company's shares have surged 22.81% in the last three months and
7.26% in the last one month, compared to a gain of 4.40% and a loss of 0.36%
in the S&P 500 during the respective periods. Moreover, PLX Technology Inc.'s
stock is trading above its 50-day and 200-day moving averages of $5.34 and
$4.73, respectively. The free report on PLXT can be downloaded by signing up
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