Sector Wrap - Semis Lower: VECO, NVDA, POWI

veco New York, May 17th ( - The Philadelphia Semiconductor Index traded lower at $371.43, representing -2.21% from its previous close. The semiconductor index tumbled with 24 index components on the negative side.

Veeco Instruments (NASDAQ:VECO) was the top performer of the semis, as it traded at $34.97, which represents 1.92%. from the previous trading session. Shares of Veeco Instruments, the provider of process equipment solutions have defined support at $26.50 and resistance at $37.87.

NVIDIA (NASDAQ:NVDA) was also among the top performers, closing the trading session at $12.85 representing 0.9% from its previous close. NVIDIA, the world leader in visual computing technologies has calculated support and resistance levels at $12.12 and $13.68 respectively. The other top performer of the semis was Power Integrations (NASDAQ:POWI), which traded at $42.19 representing 0.26% from the previous trading session.

The semis' worst performers include MEMC Electronic Materials (NYSE:WFR) that traded at $1.68 or -21.13% from the previous close. Shares of MEMC Electronic Materials, the silicon wafers producer have defined support at $2.13 and resistance at $3.77. Also among the worst performers was Advanced Micro Devices (NYSE:AMD), which closed at $6.13 representing -4.15% from the previous trading session.

Today, the semis underperformed the broad market index S&P 500.

TradersHuddle Search

Stock Search:

Site Search:


Technical Scans

Recent Trading Ideas

Latest Partner Headlines

Stock Market

o Dow Jones 16,472.37 ▲200.36 (1.23%)
o S&P 500 1,951.36 ▲27.54 (1.43%)
o NASDAQ 4,707.77 ▲80.69 (1.74%)

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:16,472.37 Trade time:4:49PM EDT Value change:▲200.36 (1.23%)

S&P 500

Company ID [INDEXSP:.INX] Last trade:1,951.36 Trade time:4:49PM EDT Value change:▲27.54 (1.43%)


Company ID [INDEXNASDAQ:.IXIC] Last trade:4,707.77 Trade time:5:15PM EDT Value change:▲80.69 (1.74%)

In The Wires

Copyright © 2013 All Rights Reserved.