MENU
Go to the list of all blogs
Niko Sharks's Avatar
published in Blogs
Aug 11, 2023

Optical Sector($CAMT, $IIVI, $GLW...) Shines with a 15.25% Weekly Gain

Optical technology, pivotal to contemporary communication and electronics, has witnessed burgeoning growth, propelling the optical sector into the limelight. The sector boasts of an expansive range of applications including optical transport networking equipment, optical inspection systems, and photonic integrated optical modules. Key players in the optical technology space include Infinera, Camtek, NeoPhotonics, and Clearfield.

Tickers in theme  - CAMT, IIVI, GLW, CLFD, INFN, AAOI, VIAV

For intraday recommendations on stocks within this sector, you can refer to this robotSwing Trader: Sector Rotation Strategy (TA&FA)

Notable Companies

Corning (NYSE:GLW) and Casa Systems (NASDAQ:CASA) emerge as the standout names in the group, further emphasizing the sector's strength and relevance.

Market Capitalization

Across the optical theme, the average market capitalization stands at 3.4B. The valuation spectrum for the theme stretches from a low of 24M, held by DYSL, to an impressive high of 27.8B championed by GLW.

Price Movements

For the optical theme, the weekly price surge averaged at 6.93%. Noteworthy movements include AAOI's sterling performance with a 64.55% growth, and on the flip side, CASA registered the steepest decline at -18.08%. Some specific weekly highlights:

  • Applied Optoelectronics (AAOI, $6.75) saw a decline of -20.77% on 8/1/23.
  • A week before, on 7/22/23, Applied Optoelectronics (AAOI, $7.91) faced a -13.46% dip.
  • Infinera (INFN, $4.83) shone brightly as the top weekly gainer on 7/1/23, with a +6.86% leap.

Volume Dynamics

The optical theme's average weekly volume growth was clocked at 27.65%. Camtek's stock made headlines with its consistent volume increase over five consecutive days. Some impressive gains during this period include:

  • A jump of 178% on 8/3/23 1:50 PM.
  • A further hike of 189% the following day, 8/2/23 5:22 PM.
  • And a remarkable 204% surge on 8/1/23 8:27 AM.

Fundamental Analysis Ratings

For a comprehensive evaluation, the average fundamental analysis ratings are utilized. The spectrum of these ratings ranges from 1, symbolizing the best, to 100, representing the worst.

The optical sector's robust performance and the notable companies leading the charge underscore the industry's current vitality and future potential.

CAMT

On July 13, 2023, CAMT surpassed its upper Bollinger Band, often an indication of an impending price correction. Historically, stocks tend to retreat to the middle band after such a break. Investors might contemplate reducing their holdings or investigating put options. Based on A.I.dvisor's analysis of 55 comparable events, the stock witnessed a decline in 40 instances, translating to a 73% likelihood of a subsequent downturn.

GLW

On July 14, 2023, GLW's 10-day RSI Oscillator exited its overbought status. This often suggests a potential transition from a bullish phase to a bearish trend. For investors, it might be an opportune moment to consider divesting or exploring put options. When referencing Tickeron's A.I.dvisor for historical context, out of 29 similar RSI exits from the overbought zone, 23 resulted in a subsequent price decline. This establishes a 79% probability of a downward movement in the near future.

CLFD

On August 07, 2023, CLFD's 10-day moving average descended below its 50-day moving average, signaling a potential downturn. Historically, when such a crossover occurred, the stock proceeded to decline in 8 out of 10 cases within the subsequent month. This trend suggests an 80% likelihood of a continued bearish trajectory for CLFD. Investors might consider this as a cue to reassess their positions.

Related Ticker: CAMT, IIVI, GLW, CLFD, INFN, AAOI, VIAV

Momentum Indicator for CAMT turns positive, indicating new upward trend

CAMT saw its Momentum Indicator move above the 0 level on September 15, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 97 similar instances where the indicator turned positive. In of the 97 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for CAMT just turned positive on September 11, 2025. Looking at past instances where CAMT's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .

CAMT moved above its 50-day moving average on September 17, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CAMT crossed bullishly above the 50-day moving average on September 22, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CAMT advanced for three days, in of 334 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 304 cases where CAMT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CAMT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CAMT broke above its upper Bollinger Band on September 18, 2025. 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 Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued 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 (9.158) is normal, around the industry mean (8.795). P/E Ratio (46.136) is within average values for comparable stocks, (45.989). Projected Growth (PEG Ratio) (2.479) is also within normal values, averaging (1.857). CAMT has a moderately high Dividend Yield (0.020) as compared to the industry average of (0.011). P/S Ratio (13.141) is also within normal values, averaging (59.921).

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 well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 68, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CAMT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating 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 Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

Notable companies

The most notable companies in this group are Lam Research Corp (NASDAQ:LRCX), Applied Materials (NASDAQ:AMAT), KLA Corp (NASDAQ:KLAC), Teradyne (NASDAQ:TER), Ambarella (NASDAQ:AMBA).

Industry description

The electronic production equipment industry makes equipment used to produce semiconductors. Such equipment includes wafer fabrication, plasma etching and photo-resist processing equipment. The industry also makes chemical vapor deposition processing systems and photomasks, which are high-purity quartz plates that contain patterns to define integrated circuits layouts. Applied Materials, Inc., Lam Research Corporation, and KLA-Tencor Corporation are examples of electronic production equipment manufacturing companies.

Market Cap

The average market capitalization across the Electronic Production Equipment Industry is 30.08B. The market cap for tickers in the group ranges from 555.66K to 380.06B. ASMLF holds the highest valuation in this group at 380.06B. The lowest valued company is AVSR at 555.66K.

High and low price notable news

The average weekly price growth across all stocks in the Electronic Production Equipment Industry was -1%. For the same Industry, the average monthly price growth was 12%, and the average quarterly price growth was 60%. SMTK experienced the highest price growth at 42%, while RNWEY experienced the biggest fall at -43%.

Volume

The average weekly volume growth across all stocks in the Electronic Production Equipment Industry was 6%. For the same stocks of the Industry, the average monthly volume growth was 31% and the average quarterly volume growth was 33%

Fundamental Analysis Ratings

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

Valuation Rating: 51
P/E Growth Rating: 41
Price Growth Rating: 45
SMR Rating: 68
Profit Risk Rating: 67
Seasonality Score: 38 (-100 ... +100)
View a ticker or compare two or three
VIAV
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Interact to see
Advertisement
A.I.Advisor
published price charts
These past five trading days, the stock lost 0.00% with an average daily volume of 0 shares traded.The stock tracked a drawdown of 0% for this period. VIAV showed earnings on August 07, 2025. You can read more about the earnings report here.
A.I. Advisor
published General Information

General Information

a provider of network infrastructure software and hardware solutions

Industry TelecommunicationsEquipment

Profile
Fundamentals
Details
Industry
Electronic Equipment Or Instruments
Address
1445 South Spectrum Boulevard
Phone
+1 408 404-3600
Employees
3600
Web
https://www.viavisolutions.com