• 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 = 473931 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 >= 1414066356 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 >= 1414066356 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

MEMC Electronic Materials (WFR) Approaches New Upside Target of $4.22

Published on Mon, 04/08/2013 - 12:40
By Mallory Stone

MEMC Electronic Materials (NYSE:WFR) has opened bullishly above the pivot of $4.09 today and has reached the first level of resistance at $4.16. Investors may be interested in a cross of the next upside pivot targets of $4.22 and $4.35.

MEMC Electronic Materials, Inc. produces silicon wafers. The Company's products are used in computers, telecommunications equipment, automobiles, consumer electronics products, industrial automation and control systems, and analytical and defense systems. MEMC operates manufacturing facilities in Italy, Japan, Malaysia, South Korea, Taiwan, and the United States.

MEMC Electronic Materials has overhead space with shares priced $4.17, or 31.9% below the average consensus analyst price target of $6.12. The stock should hit resistance at its 50-day moving average (MA) of $4.60, as well as support at its 200-day MA of $3.18.

In the past 52 weeks, shares of MEMC Electronic Materials have traded between a low of $1.44 and a high of $5.70 and are now at $4.17, which is 190% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 1.8%.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Vitamin Shoppe has the Best Relative Per...

Below are the top five companies in the Specialty Stores industry as measured by relati ...

Bottom 5 Companies in the Investment Ban...

Here are 5 stocks in the Investment Banking & Brokerage industry ranked by performance. ...

Strategic Hotels & Resorts is Among the ...

Here are the top 5 stocks in the Specialized REITs industry ranked by performance. We ...

Shares of VistaPrint Underperformed its ...

Below are five companies in the Internet Software & Services industry that underperform ...

Top 5 Companies in the Specialized Finan...

Below are the top five companies in the Specialized Finance industry as measured by rel ...

Shares of Shutterfly Underperformed its ...

Below are five companies in the Internet Retail industry that underperformed yesterday ...

Best Relative Performance in the Semicon...

Here are the top 5 stocks in the Semiconductors industry ranked by performance. We com ...

Bottom 5 Companies in the Industrial Mac...

Here are 5 stocks in the Industrial Machinery industry ranked by performance. We compi ...