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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (2995)5/3/2002 9:38:14 AM
From: Return to Sender  Read Replies (1) | Respond to of 95464
 
Oversold Semiconductor Screen/RSI lower than 20%

ADI AHAA ALTR AMAT ANAD ASMI ASML ASYT ATMI AVNX BESI BRKS BTUI CNXT DPMI ESST FCS FLEX GEMP GSPN IBIS IDTI IFX INTC LLTC LRCX LSCC LSI LTXX MRVL MSCC MTCH MTLK MXICY MXIM PCMS PRIA PRTH SATC SLAB SMTC SYXI TMTA TQNT TSM TUNE TXN VTEK VTSS

finance.yahoo.com

This is the highest number of stocks showing up on this screen in a long time. At one point during this Bear Market I did have over 100 stocks on this list or more than 50% of the semiconductor stocks listed here at Silicon Investor. Today it is over 25% of the group with what the Silicon Investor screening tool shows as having an RSI of 20 or below.

On AMAT that MACD looks good on your chart. Unfortunately it does not show up the same on other monthly charts like this one:

stockcharts.com[l,a]mhcaniay[d19950101,20011201][pc20!d20,2][vc60][iUe12,26,9!Lc20!La12,26,9!Lo14]&pref=G

We need a bounce right now on the SOX! It is at 496. Critical support is giving out.

RtS