Semiconductor Giants Soar: $NVDA, $TSM, $AVGO, $AMD, $INTC Show 5-7% Weekly Growth.
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Semiconductor Market in Focus
Notable Companies Within this industry, some of the most prominent players include NVIDIA Corp (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Broadcom (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD), Texas Instruments (NASDAQ:TXN), Intel Corp (NASDAQ:INTC), QUALCOMM (NASDAQ:QCOM), Applied Materials (NASDAQ:AMAT), Lam Research Corp (NASDAQ:LRCX), and Analog Devices (NASDAQ:ADI).
Industry Description The semiconductor industry is at the heart of chip-related product manufacturing, encompassing everything from research and development to the production of chips used in countless electronic devices. These devices range from computers, cell phones, and smartphones to GPS systems. Prominent industry players like Intel Corporation, NVIDIA Corp., and Broadcom are continually driving innovation in this sector. Semiconductor companies often thrive during periods of robust economic growth, spurring further research and development. This, in turn, contributes to increased productivity and economic expansion. Looking ahead, the demand for semiconductor products is poised to grow even further with the proliferation of 5G, autonomous vehicles, the Internet of Things (IoT), and various AI-driven electronics, ushering in an advanced era in technology. With these promising prospects comes fierce competition. In fact, the U.S. semiconductor industry was ranked as the second most competitive U.S. industry out of 2882 designated manufacturers by the U.S. Census Bureau in 2015.
Market Cap The average market capitalization for companies in the Semiconductors Industry stands at approximately 29.7B. Market capitalizations within this group vary significantly, ranging from 13.4K to 1.2T. NVIDIA (NVDA) holds the highest valuation in this group, boasting a market cap of 1.2T, while CYBL is the lowest-valued company at 13.4K.
High and Low Price Notable News The average weekly price growth across all stocks in the Semiconductors Industry recorded a 3.23% increase. Over the same period, the average monthly price growth was -6.32%, while the average quarterly price growth stood at 7.15%. ODII experienced the highest price growth at 68.9%, while WISA experienced the most significant decline at -19.34%.
Volume The average weekly volume growth across all stocks in the Semiconductors Industry decreased by -6.72%. Conversely, the average monthly volume growth for the same stocks was up by 5.37%, but the average quarterly volume growth declined by -4.37%.
Fundamental Analysis Ratings Across the Semiconductors Industry, fundamental analysis ratings are distributed as follows:
- Valuation Rating: 57
- P/E Growth Rating: 50
- Price Growth Rating: 53
- SMR Rating: 63
- Profit Risk Rating: 61
- Seasonality Score: -26 (-100 ... +100)
Semiconductor Stocks Analysis:
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NVDA: Positive momentum as of August 21, 2023, suggests a potential upward trend. There's an 84% probability of an upward move. The current price is $493.55.
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TSM: Positive momentum since August 25, 2023, indicates a possible upward move. There's a 72% chance of an upward trend. Current price: $93.55.
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AVGO: The MACD turned positive on August 28, 2023. Historically, this led to a continued uptrend in 76% of cases. Present price: $922.89.
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AMD: The MACD Histogram turned negative on August 09, 2023, signaling a potential decline. There's a 79% chance of a downward move. Current price: $105.72.
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INTC: Positive momentum as of August 30, 2023, indicates a potential upward trend. There's a 73% probability of an upward move. Current price: $35.14.
NVDA in downward trend: price may drop because broke its higher Bollinger Band on August 21, 2023
NVDA broke above its upper Bollinger Band on August 21, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 55 similar instances where the stock broke above the upper band. In of the 55 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 07, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on NVDA as a result. In of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for NVDA turned negative on September 07, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
NVDA moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for NVDA crossed bearishly below the 50-day moving average on September 19, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NVDA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for NVDA entered a downward trend on August 21, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for NVDA's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NVDA advanced for three days, in of 347 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 63, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NVDA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: NVDA's P/B Ratio (39.062) is slightly higher than the industry average of (7.984). P/E Ratio (105.263) is within average values for comparable stocks, (53.953). Projected Growth (PEG Ratio) (1.379) is also within normal values, averaging (2.360). NVDA has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.022). P/S Ratio (33.223) is also within normal values, averaging (72.684).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a manufacturer of computer graphics processors, chipsets, and related multimedia software
Industry Semiconductors
NVDA and
Correlation & Price change
A.I.dvisor indicates that over the last year, NVDA has been closely correlated with AMD. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if NVDA jumps, then AMD could also see price increases.
| Ticker / NAME | Correlation To NVDA | 1D Price Change % | ||
|---|---|---|---|---|
| NVDA | 100% | -2.94% | ||
| AMD - NVDA | 82% Closely correlated | -1.25% | ||
| AOSL - NVDA | 78% Closely correlated | -2.42% | ||
| ASML - NVDA | 77% Closely correlated | -0.66% | ||
| MPWR - NVDA | 75% Closely correlated | -1.07% | ||
| MRVL - NVDA | 73% Closely correlated | -2.13% | ||
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