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Semis Outperfoming the S&P 500 :BRCM, AVGO, NVDA

brcm New York, November 26th (TradersHuddle.com) - The Philadelphia Semiconductor Index is trading higher at $369.85, representing 0.19% from its previous close. The semiconductor index is exhibiting strong upside with 20 index components on the plus side.

Broadcom (NASDAQ:BRCM) is the top performer of the semis, trading at $32.07, which represents 1.55%. from the previous trading session. Shares of Broadcom, the provider of chips that enable broadband digital data transmission have defined support at $30.35 and resistance at $34.89.

Avago (NASDAQ:AVGO) is also among the top performers, currently trading at $33.99 representing 1.31% from its previous close. Avago, the supplier of analog interface components for communications, industrial and consumer applications has calculated support and resistance levels at $31.68 and $33.48 respectively. The other top performer of the semis is NVIDIA (NASDAQ:NVDA), which is trading at $12.05 representing 1.26% from the previous trading session.

The semis' worst performers include STMicroelectronics (NYSE:STM) that is trading at $5.95 or -1.49% from the previous close. Shares of STMicroelectronics, the semiconductor integrated circuits and discrete devices maker have defined support at $5.31 and resistance at $5.88. Also among the worst performers is Veeco Instruments (NASDAQ:VECO), which is currently trading at $27.37 representing -1.05% from the previous trading session.

Today, the Semis are outperforming the broad market index S&P 500.

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o Dow Jones 17,827.75 ▲12.81 (0.07%)
o S&P 500 2,072.83 ▲5.80 (0.28%)
o NASDAQ 4,787.32 (%)
INDEXDJX:.DJI

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:17,827.75 Trade time:4:31PM EST Value change:▲12.81 (0.07%)
INDEXSP:.INX

S&P 500

Company ID [INDEXSP:.INX] Last trade:2,072.83 Trade time:4:31PM EST Value change:▲5.80 (0.28%)
INDEXNASDAQ:.IXIC

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Company ID [INDEXNASDAQ:.IXIC] Last trade:4,787.32 Trade time:5:15PM EST Value change: (%)
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