Research Report Initiated on Select Semiconductor Equities

LONDON, UK / ACCESSWIRE / June 21, 2016 / ActiveWallSt.com announces the list of stocks for today’s research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Semiconductor – Integrated Circuits industry. Companies recently under review include Taiwan Semiconductor Manufacturing, Marvell Technology, Skyworks Solutions, and Xilinx. See our complete report on TSM at:

http://www.activewallst.com/registration-3/?symbol=TSM

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Let us take a brief technical look at how each of the companies mentioned above have performed at yesterday’s close and over the last few trading sessions.

Taiwan Semiconductor Manufacturing Co. Ltd (NYSE: TSM)

Hsinchu, Taiwan headquartered Taiwan Semiconductor Manufacturing Co. Ltd’s shares gained 2.01%, closing Monday’s trading session at $26.37. The stock recorded a trading volume of 10.01 million shares, which was above its three months average volume of 6.83 million shares. The Company’s shares have advanced 13.42% in the last month, 1.70% in the previous three months, and 15.91% on an YTD basis. The stock is trading 6.80% above its 50-day moving average and 13.85% above its 200-day moving average. Additionally, shares of Taiwan Semiconductor Manufacturing, which engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits, color filters, and other semiconductor devices, have a Relative Strength Index (RSI) of 66.99.

Marvell Technology Group Ltd (NASDAQ: MRVL)

On Monday, shares in Hamilton, Bermuda headquartered Marvell Technology Group Ltd recorded a trading volume of 4.92 million shares. The stock climbed 1.20%, ending the day at $10.14. The Company’s shares have advanced 4.83% in the last month and 16.32% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.90% and 9.88%, respectively. Furthermore, shares of Marvell Technology Group, which designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits, have an RSI of 54.35.

Skyworks Solutions Inc. (NASDAQ: SWKS)

Woburn, Massachusetts headquartered Skyworks Solutions Inc.’s stock finished the day 3.10% higher at $65.95. A total volume of 3.59 million shares was traded, which was above their three months average volume of 2.89 million shares. The Company’s shares have advanced 5.02% in the last one month. The stock is trading below its 50-day moving average by 2.65%. Additionally, shares of Skyworks Solutions, which designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property globally, have an RSI of 48.05. On June 09th, 2016, research firm Citigroup downgraded the Company’s stock rating from ‘Neutral’ to ‘Sell’. The research firm also revised downwards its previous target price from $69.50 to $65.

Xilinx Inc. (NASDAQ: XLNX)

Shares in San Jose, California headquartered Xilinx Inc. ended yesterday’s session 0.22% higher at $46.50 and with a total volume of 2.02 million shares traded. The stock has advanced 6.07% in the last one month and 0.40% on an YTD basis. The Company’s shares are trading 2.49% above their 50-day moving average and 1.88% above their 200-day moving average. Moreover, shares of Xilinx, which designs and develops programmable devices and associated technologies globally, have an RSI of 51.42. On June 2nd, 2016, research firm Goldman downgraded the Company’s stock rating from ‘Buy’ to ‘Neutral’.

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