Focus Stocks

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

crus New York, January 1st ( - The Philadelphia Semiconductor Index is trading flat at $389.49, representing 0% from its previous close. The semiconductor index is having a broad rally with 28 index components trading higher.

Cirrus Logic (NASDAQ:CRUS) is the top performer of the semis, trading at $28.97, which represents 6.86%. 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.

Advanced Micro Devices (NYSE:AMD) is also among the top performers, currently trading at $2.41 representing 5.48% from its previous close. Advanced Micro Devices, the second largest chipmaker in the world has calculated support and resistance levels at $2.25 and $2.59 respectively. The other top performer of the semis is Veeco Instruments (NASDAQ:VECO), which is trading at $29.46 representing 5.1% from the previous trading session.

The semis' worst performers include Novellus Systems (NASDAQ:NVLS) that is trading at $31.54 or -0.28% from the previous close. Shares of Novellus Systems, the equipment maker used for chips manufacturing have defined support at $41.80 and resistance at $47.32. Also among the worst performers is Taiwan Semiconductor (NYSE:TSM), which is currently trading at $17.17 representing 0.2% from the previous trading session.

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

TradersHuddle Search

Stock Search:

Site Search:


Recent Trading Ideas

Latest Partner Headlines

Stock Market

o Dow Jones 17,081.89 ▼49.97 (-0.29%)
o S&P 500 2,003.69 ▼13.77 (-0.68%)
o NASDAQ 4,796.61 ▼42.03 (-0.87%)

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:17,081.89 Trade time:4:40PM EDT Value change:▼49.97 (-0.29%)

S&P 500

Company ID [INDEXSP:.INX] Last trade:2,003.69 Trade time:4:40PM EDT Value change:▼13.77 (-0.68%)


Company ID [INDEXNASDAQ:.IXIC] Last trade:4,796.61 Trade time:5:15PM EDT Value change:▼42.03 (-0.87%)
Copyright © 2013 All Rights Reserved.