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published in Blogs
Oct 31, 2023

Semiconductor Giants Slide: $NVDA, $TSM, $AMD, $ADI, $MU, $AMAT Down 1-3% in a Week

The Semiconductors sector continued its decline last week, falling another 1 to 3% along with the overall market. Our robots have been opening short positions on these stocks. To receive signals from our robots, you can subscribe by clicking on the following link: AI ROBOTS.

The notable firms in this category are NVIDIA Corp (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Advanced Micro Devices (NASDAQ:AMD), Applied Materials (NASDAQ:AMAT), Analog Devices (NASDAQ:ADI), and Micron Technology (NASDAQ:MU).

Market Capitalization The average market capitalization in this sector is around 307.3 billion dollars. Market caps for companies in this sector range from 72.1 billion dollars to 1 trillion dollars. NVDA boasts the highest valuation at 1 trillion dollars, while MU has the lowest valuation at 72.1 billion dollars.

High and Low Price Trends Weekly price movements averaged -3.68% across all stocks in this sector. On a monthly scale, the average price change was -5.31%, and over the quarter, it averaged 13.81%. Among these stocks, MU showed the highest price growth at -1.21%, while TSM saw the largest decline at -5.54%.

Volume Weekly volume growth averaged 12.08% for all stocks in this sector. Over a month, the average volume growth was 9.5%, and quarterly, it averaged 16.76%.

NVDA in Downtrend: 10-day moving average crossed below 50-day moving average on October 20, 2023 On October 20, 2023, NVDA's 10-day moving average dipped below the 50-day moving average. This crossover signals a bearish trend and might be seen as a selling opportunity. Historically, in 13 out of 16 similar cases, when the 10-day crossed below the 50-day, the stock continued on an upward trajectory in the following month, indicating an 81% chance of a continued downward trend.

Stock Forecast, Price, News, Quote Current price $411.61 is above $265.95, the highest resistance line as identified by AI. Throughout September 28, 2023, to October 30, 2023, NVDA experienced a 4% downtrend. In the week of October 23, 2023, to October 30, 2023, the stock fell 4%.

TSM in Downtrend: 10-day moving average moved below 50-day moving average on October 30, 2023 TSM's 10-day moving average crossed below the 50-day moving average on October 30, 2023, indicating a shift to a bearish trend. This situation can be viewed as a selling signal. In 8 of 11 past occurrences when the 10-day crossed below the 50-day, the stock continued to move upward over the following month, suggesting a 73% chance of a continued downward trend.

Stock Forecast, Price, News, Quote Current price $86.06 is above $80.29, the highest resistance line as identified by AI. Throughout September 28, 2023, to October 30, 2023, TSM experienced a 0.40% downtrend. In the week of October 23, 2023, to October 30, 2023, the stock fell 6%.

AMD in Uptrend: Price may ascend after breaking the lower Bollinger Band on October 25, 2023 AMD is poised to move upward after breaching its lower Bollinger Band on October 25, 2023. This may indicate a trend reversal to the upside. In 34 out of 36 similar situations where AMD's price fell below the lower Bollinger Band, it continued to rise over the following month, signifying a 90% chance of an ongoing upward trend.

Stock Forecast, Price, News, Quote From September 28, 2023, to October 30, 2023, AMD experienced a 6% downtrend. In the week of October 23, 2023, to October 30, 2023, the stock fell 4%.

ADI's Indicator in Downtrend The Aroon Indicator for ADI shifted into a downward trend on October 30, 2023. When the AroonDown red line remains above 70 while the AroonUp green line is below 30 for three consecutive days, it suggests a forthcoming downward move. In 135 similar cases, 81 of them resulted in a lower stock price, giving a 60% chance of a downward move.

Stock Forecast, Price, News, Quote From September 28, 2023, to October 30, 2023, ADI experienced a 12% downtrend. In the week of October 23, 2023, to October 30, 2023, the stock fell 5%.

MU's RSI Oscillator Recovers from Oversold Territory MU's RSI indicator exited oversold territory on October 27, 2023. This shift suggests a transition from a downtrend to an uptrend. In 24 comparable cases when the indicator left oversold territory, 22 of them witnessed a higher stock price, indicating a 90% chance of an upward move.

Stock Forecast, Price, News, Quote Current price $66.07 is above $53.21, the highest resistance line as identified by AI. From September 28, 2023, to October 30, 2023, MU experienced a 2% uptrend. In the week of October 23, 2023, to October 30, 2023, the stock fell 1%.

AMAT's RSI Indicator Ascends from Oversold Territory AMAT's RSI indicator emerged from oversold territory on October 26, 2023. This may indicate a shift from a downtrend to an uptrend. In 19 similar cases, 18 of them saw an increased stock price, implying a 90% chance of an upward move.

Stock Forecast, Price, News, Quote Current price $131.03 crossed the resistance line at $110.21 and is trading between $155.86 support and $110.21 resistance lines. From September 28, 2023, to October 30, 2023, AMAT experienced a 5% downtrend. In the week of October 23, 2023, to October 30, 2023, the stock fell 2%.

Related Ticker: NVDA, TSM, AMD, ADI, MU, AMAT

NVDA's Stochastic Oscillator is staying in oversold zone for 1 day

Be on the lookout for a price bounce soon.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NVDA advanced for three days, in of 374 cases, the price rose further within the following month. The odds of a continued upward trend are .

NVDA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 26, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NVDA as a result. In of 82 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 March 28, 2025. 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 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .

The 10-day moving average for NVDA crossed bearishly below the 50-day moving average on February 27, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 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 .

The 50-day moving average for NVDA moved below the 200-day moving average on March 20, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

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 March 20, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

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 76, 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: P/B Ratio (33.333) is normal, around the industry mean (9.805). P/E Ratio (36.864) is within average values for comparable stocks, (68.801). Projected Growth (PEG Ratio) (1.045) is also within normal values, averaging (2.392). NVDA has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.022). P/S Ratio (20.619) is also within normal values, averaging (33.029).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average 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.

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Broadcom Inc. (NASDAQ:AVGO), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Applied Materials (NASDAQ:AMAT), QUALCOMM (NASDAQ:QCOM), Advanced Micro Devices (NASDAQ:AMD), Texas Instruments (NASDAQ:TXN), Lam Research Corp (NASDAQ:LRCX), Analog Devices (NASDAQ:ADI), Intel Corp (NASDAQ:INTC).

Industry description

The semiconductor industry manufacturers all chip-related products, including research and development. These chips are used in innumerable electronic devices, including computers, cell phones, smartphones, and GPSs. Intel Corporation, NVIDIA Corp., and Broadcomm are some of the prominent players in this industry. Semiconductor companies usually tend to do well during periods of healthy economic growth, thereby inducing further research and development in the industry – which in turn augurs well for productivity and growth in the economy. In the near future, demand for semiconductor products (and possibly innovation within the segment) should only expand further, with the proliferation of 5G, autonomous vehicles, IoT, and various AI-driven electronics set to herald a new, advanced chapter in the technology-driven world as we know it. With burgeoning prospects comes great competition. In 2015, SIA estimated that U.S. semiconductor industry ranks as the second most competitive U.S. industry out of 2882 U.S. industries designated manufacturers by the U.S. Census Bureau.

Market Cap

The average market capitalization across the Semiconductors Industry is 45.53B. The market cap for tickers in the group ranges from 13.43K to 2.68T. NVDA holds the highest valuation in this group at 2.68T. The lowest valued company is CYBL at 13.43K.

High and low price notable news

The average weekly price growth across all stocks in the Semiconductors Industry was -9%. For the same Industry, the average monthly price growth was -11%, and the average quarterly price growth was -11%. ALMU experienced the highest price growth at 17%, while WOLF experienced the biggest fall at -52%.

Volume

The average weekly volume growth across all stocks in the Semiconductors Industry was 23%. For the same stocks of the Industry, the average monthly volume growth was -18% and the average quarterly volume growth was 63%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 53
P/E Growth Rating: 56
Price Growth Rating: 71
SMR Rating: 71
Profit Risk Rating: 75
Seasonality Score: -4 (-100 ... +100)
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General Information

a manufacturer of integrated circuits used in analog and digital signal process

Industry Semiconductors

Profile
Fundamentals
Details
Industry
Semiconductors
Address
One Analog Way
Phone
+1 781 935-5565
Employees
26000
Web
https://www.analog.com