Monday, February 8, 2016

Alpha & Omega Semiconductor - Chart of the Day

Alpha & Omega Semiconductor (AOSL) is the Barchart Chart of the Day.  The semiconductor company has a Trend Spotter buy signal, a Weighted Alpha of 36.60+ and gained 25.73% in the last year.

The Chart of the Day belongs to Alpha & Omega Semiconductor (AOSL).  I found the semiconductor stock by using Barchart to sort the Russell 3000 Index stocks first for the highest technical buy signals, then I used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 1/29 the stock gained 16.13%.

Alpha and Omega Semiconductor Limited is engaged in designing, developing and supplying a broad range of power semiconductors globally, including a portfolio of Power MOSFET and Power IC products. The Company seeks to differentiate itself by integrating its expertise in device physics, process technology, design and advanced packaging to optimize product performance and cost. Its portfolio of products targets high-volume end-market applications, such as notebooks, netbooks, flat panel displays, mobile phone battery packs, set-top boxes, portable media players and power supplies. The products are incorporated into devices by original equipment manufacturers, or OEMs. The Company utilizes third-party foundries for all of its wafer fabrication and it deploys and implements its proprietary MOSFET processes at these third party foundries. The Company relies upon its in-house capacity and an associated provider for most of its packaging and testing requirements.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the web site when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 35.97% in the last month
  • Relative Strength Index 73.12%
  • Technical support level at 10.55
  • Recently traded at 11.19 with a 50 day moving average of 9.28
Fundamental factors:
  • Market Cap $251.55 million
  • Revenue expected to be down .30% this year but up again by 5.30% next year
  • Earnings estimated to increase 7.70% this year and another 33.30% next year
  • Wall Street analysts issued 1 strong buy and 2 hold recommendations on the stock
None of the usual technical trading strategies were reliable on this stock in the past year So I would juts use a trailing stop loss to preserve your profits.

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