Technical Roundup on Semiconductor Stocks -- Cree, Enphase Energy, ASML Holding, and Ambarella

NEW YORK, May 10, 2017 /PRNewswire/ --

Companies in the Semiconductor Equipment and Materials industry provide the basis for the manufacturing of semiconductors. They are also vulnerable to the cyclicality of the Semiconductor industry, and more specifically, fluctuations in the capital expenditures of semiconductor manufacturers. Pre-market, Stock-Callers.com assesses four stocks in the Semiconductor Equipment and Materials industry, namely: Cree Inc. (NASDAQ: CREE), Enphase Energy Inc. (NASDAQ: ENPH), ASML Holding N.V. (NASDAQ: ASML), and Ambarella Inc. (NASDAQ: AMBA). Sign up today and download for free the research reports for the stocks covered today at:

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Cree Inc. 

Durham, North Carolina headquartered Cree Inc.'s stock finished Tuesday's session 3.52% higher at $22.96. A total volume of 1.74 million shares was traded, which was above their three months average volume of 1.02 million shares. The Company's shares are trading 9.41% below their 50-day moving average. Additionally, shares of Cree, which provides lighting-class light emitting diode, lighting, and semiconductor products for power and radio-frequency applications in the US, China, Europe, South Korea, Japan, Malaysia, Taiwan, and internationally, have a Relative Strength Index (RSI) of 41.03.

On April 26^th, 2017, research firm Williams Capital Group reiterated its 'Hold' rating on the Company's stock with a decrease of the target price from $27 a share to $25 a share.

On May 02^nd, 2017, Cree announced C-Lite™ LED Lighting by Cree, a portfolio of LED lighting products that offers electrical distributors and contractors a broad range of stock and flow items with the energy efficiency and performance they expect. The new portfolio complements market-leading Cree^® and Essentia^® by Cree branded lighting products, making available high-performance, Cree-backed products across market segments. CREE complete research report is just a click away at:

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Enphase Energy

On Tuesday, shares in Petaluma, California headquartered Enphase Energy Inc. recorded a trading volume of 615,905 shares. The stock ended the session 1.71% lower at $1.15. The Company's shares have advanced 13.86% on an YTD basis. The stock is trading 12.47% below its 50-day moving average. Moreover, shares of Enphase Energy, which together with its subsidiaries, designs, develops, and sells microinverter systems for residential and commercial markets in the US and internationally, have an RSI of 39.37.

On May 02^nd, 2017, Enphase Energy announced the availability of Mobile Connect+, its new 4G cellular solar networking solution. Mobile Connect+ includes a 12-year data plan, allowing customers to connect their Enphase-based home energy systems without the need for a dedicated Internet connection. The complimentary report on ENPH can be downloaded at:

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ASML Holding

Veldhoven, the Netherlands headquartered ASML Holding N.V.'s shares closed the day 1.27% higher at $134.96. The stock recorded a trading volume of 438,180 shares. The Company's shares have gained 3.90% in the last month, 10.58% over the previous three months, and 21.48% on an YTD basis. The stock is trading 5.45% and 19.07% above its 50-day and 200-day moving averages, respectively. Additionally, shares of ASML Holding, which through its subsidiaries, engages in the design, manufacture, market, and servicing of semiconductor processing equipment used in the fabrication of integrated circuits, have an RSI of 61.66.

On April 20^th, 2017, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with an increase of the target price from $130 a share to $135 a share.

On April 28^th, 2017, ASML Holding announced that the Company is filing initial legal claims against Nikon for infringement of more than ten patents related to a broad range of products in the fields of semiconductor manufacturing equipment, flat panel display manufacturing equipment, and digital cameras. This follows Nikon's announcement on April 24^th, 2017 that it has sued ASML. The latter categorically denies infringing any of Nikon's patents. Sign up for your complimentary report on ASML at:

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Ambarella

Shares in Santa Clara, California headquartered Ambarella Inc. finished 0.96% higher at $57.98. The stock recorded a trading volume of 358,096 shares. The Company's shares have advanced 6.33% in the last one month, 8.11% in the previous three months, and 7.11% on an YTD basis. The stock is trading above its 50-day moving average by 5.16%. Furthermore, shares of Ambarella, which develops semiconductor processing solutions for video that enable high-definition video capture, sharing, and display worldwide, have an RSI of 63.40.

On May 08^th, 2017, Ambarella announced that it will hold its Q1 FY18 conference call on Tuesday, June 06^th, 2017, at 1:30 p.m. PT. The Company will issue its earnings release after the market closes the same day. A webcast of the conference call will be available at the company's website. Download the research report for free on AMBA at:

http://stock-callers.com/registration/?symbol=AMBA

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