Wednesday, February 23, 2011

Amtech Systems -- ASYS -- sell signals

Put Amtech Systems (ASYS) on your possible sell watch lists for negative price trends.

AMTECH SYSTEMS, INC. is engaged in the manufacture of several items of capital equipment, one of which is patented, used by customers in the manufacture of semiconductors. Co. has recently obtained a U.S. patent on technology on which it expects to base a proposed new photo chemical vapor deposition (``CVD``) product for use in semiconductor manufacturing facilities. The Company has engaged the University of California, Santa Cruz, to conduct a study to determine the feasibility of such a product.

Technical Factors:
  • 100% Barchart short term technical sell signal
  • Trend Spotter (tm) sell signal
  • Trading below its 20, 50 and 100 day moving average
  • 36.26% off its recent high
  • Relative Strength Index 34.21% and dropping
Jim Van Meerten is a portfolio advisor to Marketocracy Capital Management.  He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs on Barchart.com  in his daily blog -- Barchart Portfolio Blogs.



No comments:

Post a Comment