Welcome!

News Feed Item

Technical Study: SunEdison Inc., ReneSola Ltd, Microchip Technology Inc., and Cavium Inc.

Editor Note: For more information about this release, please scroll to bottom.

LONDON, October 18, 2013 /PRNewswire/ --

The U.S. equity market ended on a mixed note on Thursday, October 17, 2013. The S&P 500 ended the day at 1,733.15, up 0.67%; the Dow Jones Industrial Average closed at 15,371.65, down 0.01%; while the NASDAQ Composite finished at 3,863.15, up 0.62%. Shares in technology-semiconductor sector mostly ended higher, even as the broader market fluctuated between gains and losses. The major movers in the sector included SunEdison Inc. (NYSE: SUNE), ReneSola Ltd (NYSE: SOL), Microchip Technology Inc. (NASDAQ: MCHP), and Cavium Inc. (NASDAQ: CAVM). AAAResearchReports.com free coverage on SUNE, SOL, MCHP, and CAVM is available upon registration at:

http://www.aaaresearchreports.com/register/  

SunEdison Inc.'s stock edged higher on Thursday, extending the gains from the previous trading session. The company's shares closed the day 0.65% higher at $9.27, after oscillating between $9.08 and $9.52. A total of 5.29 million shares were traded, which is below the daily average volume of 6.56 million. The company's shares have surged 27.34% in the last one month, outperforming the S&P 500, which has gained 1.67% during the same period. Furthermore, SunEdison Inc.'s stock is trading above its 50-day and 200-day moving averages of $7.85 and $6.53, respectively. Download free technical research on SUNE by signing up at:

www.AAAResearchReports.com/SUNE101813.pdf

Shares in ReneSola Ltd ended flat on Thursday, as the broader traded between gains and losses. The company's shares closed the day at the previous day's closing price of $5.43, after vacillating between $5.36 and $5.58 during the trading session. A total of 4.42 million shares were traded, which is below the daily average volume of 4.54 million. The company's shares have surged 25.12% in the last one month and 57.85% in the previous three months, outperforming the S&P 500, which has gained 1.67% and 3.11% during the respective periods. Moreover, ReneSola Ltd's stock is trading above its 50-day and 200-day moving averages of $4.68 and $2.85, respectively. Register now and get access to free analysis on SOL at:

www.AAAResearchReports.com/SOL101813.pdf

On Thursday, shares in Microchip Technology Inc. gained 0.70%, extending the gains from the previous trading session. The company's shares closed the day at $40.19, after trading between $39.33 and $40.29. A total of 1.03 million shares were traded, which is below the daily average volume of 1.55 million. The company's shares have gained 0.50% in the previous three months, compared to a gain of 3.11% in the S&P 500 during the same period. Additionally, Microchip Technology Inc.'s stock is trading above its 50-day and 200-day moving averages of $39.73 and $37.31, respectively. Sign up and read our complimentary report on MCHP at:

www.AAAResearchReports.com/MCHP101813.pdf

Cavium Inc.'s stock edged lower on Thursday, extending the losses from the previous trading session. The company's shares vacillated between $40.00 and $40.85 before ending the day 0.47% lower at $40.48. A total of 0.66 million shares were traded, which is above the daily average volume of 0.53 million. Despite Thursday's losses, the company's shares have gained 9.46% in the previous three months, outperforming the S&P 500, which has advanced 3.11% during the same period. Further, Cavium Inc.'s stock is trading above its 50-day and 200-day moving averages of $39.09 and $35.81, respectively. The free report on CAVM can be downloaded by signing up now at:

www.AAAResearchReports.com/CAVM101813.pdf

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE AAA Research Reports

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his session at Cloud Expo, Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, provideed economic scenarios that describe how the rapid adoption of software-defined everything including cloud services, SDDC and open networking will change GDP, industry growth, productivity and jobs. This session also included a drill down for several industries such as finance, social media, cloud service providers and pharmaceuticals.
"Dice has been around for the last 20 years. We have been helping tech professionals find new jobs and career opportunities," explained Manish Dixit, VP of Product and Engineering at Dice, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Infrastructure is widely available, but who’s managing inbound/outbound traffic? Data is created, stored, and managed online – who is protecting it and how? In his session at 19th Cloud Expo, Jaeson Yoo, SVP of Business Development at Penta Security Systems Inc., discussed how to keep any and all infrastructure clean, safe, and efficient by monitoring and filtering all malicious HTTP/HTTPS traffic at the OSI Layer 7. Stop attacks and web intruders before they can enter your network.
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Dave McCarthy, Director of Products at Bsquare Corporation; Alan Williamson, Principal...
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, discussed how VPaaS enables you to move fast, creating scalable video experiences that reach your aud...
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2017' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great t...
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. In the eyes of many, containers are at the brink of becoming a pervasive technology in enterprise IT to accelerate application delivery. In this presentation, attendees learned about the: The transformation of IT to a DevOps, microservices, and container-based architecture What are containers and how DevOps practices can operate in a container-based environment A demonstration of how ...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Phil Hombledal, Solution Architect at CollabNet, discussed how customers are able to achieve a level of transparency that e...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
"At ROHA we develop an app called Catcha. It was developed after we spent a year meeting with, talking to, interacting with senior citizens watching them use their smartphones and talking to them about how they use their smartphones so we could get to know their smartphone behavior," explained Dave Woods, Chief Innovation Officer at ROHA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.