LONDON, March 19, 2014 /PRNewswire/ --
On Tuesday, March 18, 2014, the
NASDAQ Composite ended at 4,333.31, up 1.25%, the S&P 500
advanced 0.72% to 1,872.25, and the Dow Jones Industrial Average
closed at 16,336.19, up 0.55%. The gains were broad based as nine
out of ten sectors ended the session in positive. The S&P 500
Information Technology Sector Index finished the day at 599.96, up
1.35%, and the same has advanced 1.13% in the last one month.
Investor-Edge has initiated coverage on the following equities:
TriQuint Semiconductor Inc. (NASDAQ: TQNT), Skyworks Solutions Inc.
(NASDAQ: SWKS), Broadcom Corp. (NASDAQ: BRCM), and Marvell
Technology Group Ltd (NASDAQ: MRVL). Free technical research on
TQNT, SWKS, BRCM, and MRVL can be downloaded upon signing up
at:
http://www.investor-edge.com/328-register
Shares in TriQuint Semiconductor Inc. recorded a trading volume of
2.24 million shares, as compared with a three months average volume
of 4.08 million shares. The stock ended the day at $13.25, up 1.69% after vacillating between
$13.03 and $13.27. TriQuint' shares
have gained 2.00% in the previous three trading sessions, 42.02% in
the last one month, and 58.87% on YTD basis. The company's shares
are trading above their 50-day and 200-days moving averages.
TriQuint Semiconductor Inc.'s 50-day moving average of $9.86 is above the 200-day moving average of
$8.23. Additionally, shares of the
company are trading at the Relative Strength Index (RSI) of 77.64.
Sign up today to read free research on TQNT at:
http://www.investor-edge.com/328-TQNT-19Mar2014.pdf
On Tuesday, Skyworks Solutions Inc.'s stock gained 1.65%, finishing
the session at $37.49. The stock
recorded trading volume of 1.71 million shares as compared to a
three months average volume of 3.47 million shares. The stock
fluctuated between $36.88 and $37.59
during the session. The company's shares traded at a PE ratio of
22.28. Skyworks's shares have gained 1.79% in the previous three
trading sessions, 17.89% in the last one month, and 31.27% on YTD
basis. The company's shares are trading above their 50-day and
200-day moving averages. Skyworks Solutions Inc.'s 50-day moving
average of $32.06 is above the
200-day moving average of $26.63.
Moreover, the stock is trading at the Relative Strength Index (RSI)
of 68.45. Sign up today to read free research on SWKS at:
http://www.investor-edge.com/328-SWKS-19Mar2014.pdf
Broadcom Corp.'s stock saw a trading of 3.99 million shares, as
compared with a three months average volume of 6.59 million shares.
The stock ended the day at $30.82, up
1.16% and at an intraday range of $30.30 and $30.89.
Shares of the company traded at a PE ratio of 24.30. Broadcom's
shares have fallen by 1.05% in the last one month, but they
advanced 2.20% in the previous three trading sessions and 3.97% on
YTD basis. The stock is trading above its 50-day and 200-day moving
averages. Broadcom Corp.'s 50-day moving average of $29.90 is above the 200-day moving average of
$28.97. Furthermore, the stock is
trading at the Relative Strength Index (RSI) of 53.74. Sign up
today to read free research on BRCM at:
http://www.investor-edge.com/328-BRCM-19Mar2014.pdf
On Tuesday, shares in Marvell Technology Group Ltd advanced 1.02%
to close at $15.83. A total of 4.62
million shares were traded, which is below the three months average
volume of 5.34 million. The company's shares oscillated between
$15.60 and $15.95 during the trading
session. The stock is trading at a PE ratio of 23.84. Marvell
Technology's shares have gained 0.64% in the previous three trading
sessions, 0.64% in the last one month, and 10.08% on YTD basis. The
stock is trading above its 50-day and 200-day moving averages.
Marvell Technology Group Ltd's 50-day moving average of
$15.21 is above the 200-day moving
average of $13.12. Furthermore, the
stock is trading at the Relative Strength Index (RSI) of 54.68.
Sign up today to read free research on MRVL at:
http://www.investor-edge.com/328-MRVL-19Mar2014.pdf
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