Microsemi (NASDAQ:MSCC) is one of today's notable stocks in decline, down 1.6% to $20.29. The S&P is trading fractionally lower to 1,514 and the Dow is trading fractionally lower to 14,052.
Over the past year, Microsemi has traded in a range of $14.49 to $23.81 and is now at $20.29, 40% above that low. The 200-day and 50-day moving averages have moved 0.02% lower and 0.01% higher over the past week, respectively.
Microsemi has overhead space with shares priced $20.29, or 20.3% below the average consensus analyst price target of $25.44. The stock should find resistance at its 50-day moving average (MA) of $20.93, as well as support at its 200-day MA of $19.51.
Microsemi Corporation designs, manufactures, and markets analog, mixed-signal, and discrete semiconductors. The Company's semiconductors manage and regulate power, protect against transient voltage spikes and transmit, receive, and amplify signals.