Semis Underperfoming the S&P 500 :CRUS, STM, VECO

crus New York, December 31st (TradersHuddle.com) - The Philadelphia Semiconductor Index is trading flat at $389.49, representing 0% from its previous close. The semiconductor index is having an overall mixed day with 17 index components trading higher.

Cirrus Logic (NASDAQ:CRUS) is the top performer of the semis, trading at $27.69, which represents 2.14%. from the previous trading session. Shares of Cirrus Logic, the provider of high-precision analog and mixed-signal, and embedded processors for audio and industrial markets have defined support at $26.25 and resistance at $28.89.

STMicroelectronics (NYSE:STM) is also among the top performers, currently trading at $7.12 representing 1.86% from its previous close. STMicroelectronics, the semiconductor integrated circuits and discrete devices maker has calculated support and resistance levels at $5.31 and $7.16 respectively. The other top performer of the semis is Veeco Instruments (NASDAQ:VECO), which is trading at $28.32 representing 1.03% from the previous trading session.

The semis' worst performers include Advanced Micro Devices (NYSE:AMD) that is trading at $2.28 or -4.6% from the previous close. Shares of Advanced Micro Devices, the second largest chipmaker in the world have defined support at $2.25 and resistance at $2.59. Also among the worst performers is MEMC Electronic Materials (NYSE:WFR), which is currently trading at $3.1 representing -2.33% from the previous trading session.

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

TradersHuddle Search

Stock Search:


Site Search:

Loading

Technical Scans

Recent Trading Ideas

Latest Partner Headlines

Stock Market

Loading
Chart
o Dow Jones 18,126.12 ▼36.87 (-0.20%)
o S&P 500 2,120.80 ▼2.68 (-0.13%)
o NASDAQ 5,097.98 ▼8.62 (-0.17%)
INDEXDJX:.DJI

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:18,126.12 Trade time:4:04PM EDT Value change:▼36.87 (-0.20%)
INDEXSP:.INX

S&P 500

Company ID [INDEXSP:.INX] Last trade:2,120.80 Trade time:4:04PM EDT Value change:▼2.68 (-0.13%)
INDEXNASDAQ:.IXIC

NASDAQ

Company ID [INDEXNASDAQ:.IXIC] Last trade:5,097.98 Trade time:4:04PM EDT Value change:▼8.62 (-0.17%)

In The Wires

Copyright © 2013 TradersHuddle.com. All Rights Reserved.