Pre-Market Analysis: ReneSola Ltd, Microchip Technology Inc., QLogic Corp., and Cavium Inc. Editor Note: For more information about this release, please scroll to bottom PR Newswire LONDON, September 20, 2013 LONDON, September 20, 2013 /PRNewswire/ -- On Thursday September 19, 2013, the U.S. equity market ended on a mixed note. The NASDAQ Composite gained 0.15%, while the S&P 500 and the Dow Jones Industrial Average fell by 0.18% and 0.26%, respectively. Shares in the technology-semiconductor sector mostly ended higher, even as the broader market fluctuated between gains and losses. The major movers in the sector included ReneSola Ltd. (NYSE: SOL), Microchip Technology Inc. (NASDAQ: MCHP), QLogic Corporation (NASDAQ: QLGC), and Cavium Inc. (NASDAQ: CAVM). All these companies are tracked by AAAResearchReports.com. Free technical research on SOL, MCHP, QLGC, and CAVM can be downloaded upon signing up at: http://www.aaaresearchreports.com/register/ On Thursday, shares in ReneSola Ltd gained 0.23%, reversing some of the losses from the previous trading session. The company's shares traded between $4.30 and $4.41 before finishing the day at $4.32. A total of 2.71 million shares were traded, which is below the daily average volume of 3.14 million. The company's shares have surged 12.21% in the last one month and 101.87% in the previous three months, outperforming the S&P 500 which has gained 4.63% and 5.73% during the respective periods. Furthermore, ReneSola Ltd's stock is trading above its 50-day and 200-day moving averages of $4.25 and $2.51, respectively. Sign up and read the complimentary report on SOL at: http://www.AAAResearchReports.com/SOL092013.pdf Microchip Technology Inc.'s stock rose marginally on Thursday, even as the broader market ended on a mixed note. The company's shares fluctuated between $40.24 and $40.58 before ending the day 0.05% higher at $40.45. A total of 1.01 million shares were traded, which is below the daily average volume of 1.61 million. The company's shares have advanced 3.93% in the last one month and 8.13% in the previous three months, compared to a gain of 4.63% and 5.73% in the S&P 500 during the respective periods. Moreover, Microchip Technology Inc.'s stock is trading near its 52-week high of $41.78 as well as above its 50-day and 200-day moving averages of $39.70 and $36.48, respectively. The free report on MCHP can be downloaded by signing up now at: http://www.AAAResearchReports.com/MCHP092013.pdf Shares in QLogic Corp. edged lower on Thursday, reversing all gains from the previous trading session. The company's shares ended the day 0.83% lower at $11.39 after fluctuating between $11.36 and $11.53. A total of 0.82 million shares were traded, which is below the daily average volume of 1.13 million. Despite Thursday's losses, QLogic Corp.'s shares have gained 16.58% in the previous three months, outperforming the S&P 500 which has advanced 5.73% during the same period. Additionally, the company's stock is trading above its 50-day and 200-day moving averages of $11.06 and $10.65, respectively. A free report on QLGC can be accessed by registering at: http://www.AAAResearchReports.com/QLGC092013.pdf Cavium Inc.'s stock edged higher on Thursday, reversing some of the losses from the previous trading session. The company's shares closed the day at $40.50, up 0.55% from the previous day's price of $40.28. The company's shares fluctuated between $39.97 and $40.67 during the trading session. A total of 0.39 million shares were traded, which is below the daily average volume of 0.51 million. The company's shares have surged 12.91% in the last one month and 14.70% in the previous three months, compared to a gain of 4.63% and 5.73% in the S&P 500 during the respective periods. Furthermore, Cavium Inc.'s stock is trading near its 52-week high of $40.75 as well as above its 50-day and 200-day moving averages of $37.44 and $35.03, respectively. Register with AAA Research Reports and download research on CAVM for free at: http://www.AAAResearchReports.com/CAVM092013.pdf ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. 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Pre-Market Analysis: ReneSola Ltd, Microchip Technology Inc., QLogic Corp., and Cavium Inc.
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