Semis Stocks Mid-Day Round Up - Higher: CREE, WFR, VECO

cree New York, March 5th (TradersHuddle.com) - The Philadelphia Semiconductor Index is trading higher at $430.16, representing 1.45% from its previous close. The semiconductor index is having a broad rally with 26 index components trading higher.

Cree (NASDAQ:CREE) is the top performer of the semis, trading at $49.7, which represents 11.14%. from the previous trading session. Shares of Cree, the maker of lighting-class LEDs, LED lighting, and semiconductor solutions for wireless and power applications have defined support at $43.00 and resistance at $46.04.

MEMC Electronic Materials (NYSE:WFR) is also among the top performers, currently trading at $5.12 representing 6.34% from its previous close. MEMC Electronic Materials, the silicon wafers producer has calculated support and resistance levels at $4.60 and $5.10 respectively. The other top performer of the semis is Veeco Instruments (NASDAQ:VECO), which is trading at $31.95 representing 5.65% from the previous trading session.

The semis' worst performers include Altera (NASDAQ:ALTR) that is trading at $35.14 or -1.04% from the previous close. Shares of Altera, the maker of programmable logic devices have defined support at $34.56 and resistance at $36.62. Also among the worst performers is Advanced Micro Devices (NYSE:AMD), which is currently trading at $2.4 representing -0.83% from the previous trading session.

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

Note - Automated Content Created By TradersHuddle's Technical Scanner




Related Partner Headlines

    You could minimize risk by trading in stock sectors rather than individual stocks. Find out why ETFs are the hottest investment vehicle on the planet. Try ETF Profits for FREE NOW!

    TradersHuddle Search

    Stock Search:


    Site Search:

    Loading

    Technical Scans

    Recent Trading Ideas

    Latest Partner Headlines

    Stock Market

    Loading
    Chart
    o Dow Jones 17,891.16 ▲117.52 (0.66%)
    o S&P 500 2,081.43 ▲16.13 (0.78%)
    o NASDAQ 4,817.59 ▲42.24 (0.88%)
    INDEXDJX:.DJI

    Dow Jones

    Company ID [INDEXDJX:.DJI] Last trade:17,891.16 Trade time:4:32PM EDT Value change:▲117.52 (0.66%)
    INDEXSP:.INX

    S&P 500

    Company ID [INDEXSP:.INX] Last trade:2,081.43 Trade time:4:32PM EDT Value change:▲16.13 (0.78%)
    INDEXNASDAQ:.IXIC

    NASDAQ

    Company ID [INDEXNASDAQ:.IXIC] Last trade:4,817.59 Trade time:5:15PM EDT Value change:▲42.24 (0.88%)

    In The Wires

    Copyright © 2013 TradersHuddle.com. All Rights Reserved.