• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 471276 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1414769262 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1414769262 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Applied Materials (AMAT) Breaks Through Support at $13.13

Published on Wed, 04/03/2013 - 12:40
By Robert Cotter

Shares of Applied Materials (NASDAQ:AMAT) opened today below their pivot of $13.30 and have already reached the first level of support at $13.13. Investors may be interested in a cross of the next downside pivot targets of $13.03 and $12.76.

Applied Materials, Inc. develops, manufactures, markets, and services semiconductor wafer fabrication equipment and related spare parts for the worldwide semiconductor industry. The Company's customers include semiconductor wafer and integrated circuit manufacturers, flat panel liquid crystal displays, solar photovoltaic cells and modules and other electronic devices manufacturers.

Potential upside of 10.6% exists for Applied Materials, based on a current level of $13.10 and analysts' average consensus price target of $14.48. The stock should find resistance at its 50-day moving average (MA) of $13.34, as well as support at its 200-day MA of $11.71.

In the past 52 weeks, shares of Applied Materials have traded between a low of $9.95 and a high of $13.99 and are now at $13.10, which is 32% above that low price. The 200-day and 50-day moving averages have moved 0.22% higher and 0.34% higher over the past week, respectively.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Top 3 Companies in the Trucking Industry...

Below are the three companies in the Trucking industry with the highest projected earni ...

Broadcom Makes a Move: Up 3.8%...

Up 3.8% to $42.24, Broadcom (NASDAQ:BRCM), is one of today's notable movers. The Dow J ...

Highest Projected Earnings Growth in the...

Below are the three companies in the Consumer Finance industry with the highest project ...

Shares of Live Nation Receive a Boost, U...

Live Nation (NYSE:LYV) is one of today's notable stocks on the rise, up 3.8% to $25.81. ...

Convergys has the Highest Projected Earn...

Below are the three companies in the Data Processing & Outsourced Services industry wit ...

Stock Investors Bid Up Shares of Cutera,...

Cutera (NASDAQ:CUTR), a company whose shares are moving quickly, is trading 3.9% higher ...

Buyers Accumulate Shares of Nissan Motor...

Nissan Motor (NASDAQ:NSANY) is a company whose shares are active, trading 4.0% higher t ...

Pike Electric has the Highest Projected ...

Below are the three companies in the Construction & Engineering industry with the highe ...