Technical Recap on Information Technology Equities -- Research on Parkervision, InvenSense, International Rectifier, and Silicon Laboratories - WSET.com - ABC13

Technical Recap on Information Technology Equities -- Research on Parkervision, InvenSense, International Rectifier, and Silicon Laboratories

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SOURCE Investor-Edge

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LONDON, June 6, 2014 /PRNewswire/ --

On Thursday, June 05, 2014, the NASDAQ Composite ended at 4,296.23, up 1.05%, the Dow Jones Industrial Average finished the day 0.59% higher at 16,836.11, and the S&P 500 closed at 1,940.46, up 0.65%. The gains were broad based as all the ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 623.31, up 0.81%, with the index also advancing 4.15% in the last one month. Investor-Edge has initiated coverage on the following equities: Parkervision Inc. (NASDAQ: PRKR), InvenSense Inc. (NYSE: INVN), International Rectifier Corp. (NYSE: IRF) and Silicon Laboratories Inc. (NASDAQ: SLAB). Free technical research on PRKR, INVN, IRF and SLAB can be downloaded upon signing up at:

http://www.investor-edge.com/3525-register

Parkervision Inc.'s stock gained 2.10%, to close the day at $4.86. The stock recorded a trading volume of 0.52 million shares, much below its three months average volume of 0.82 million shares. The stock oscillated between $4.64 and $4.94 during the session. Although, Parkervision Inc.'s shares have declined 6.00% in the last three months, it has advanced 0.21% in the past three trading sessions and 6.81% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $4.73 is greater than its 200-day moving average of $4.31. Additionally, the stock has a Relative Strength Index (RSI) of 48.08. Sign up today to read free research on PRKR at:

http://www.investor-edge.com/3525-PRKR-06Jun2014.pdf

On Thursday, shares in InvenSense Inc. recorded a trading volume of 2.10 million shares, lower than its three months average volume of 2.44 million shares. The stock ended the day at $19.83, which was 5.31% above its previous day's closing of $18.83, and registered an intraday range of $18.76 and $19.94. Shares of the company traded at a PE ratio of 96.71. InvenSense Inc.'s shares have gained 5.82% in the previous three trading sessions and 1.12% in the last one month. However, the company's stock has lost 4.57% since start of this year. The stock is trading above its 200-day moving average of $19.28, while the 200-day moving average is below InvenSense Inc.'s 50-day moving average of $20.36. Furthermore, shares of the company have an RSI of 45.50. Sign up today to read free research on INVN at:

http://www.investor-edge.com/3525-INVN-06Jun2014.pdf

International Rectifier Corp.'s stock finished the Thursday's session 0.76% higher at $27.77. A total of 0.45 million shares were traded, which was close to its three months average volume of 0.46 million shares. The stock moved between $27.24 and $28.02 during the session. Over the previous three trading sessions and the last one month, International Rectifier Corp.'s shares have gained 3.43% and 8.94%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 6.52%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $26.36 is greater than its 200-day moving average of $25.54. International Rectifier Corp.'s stock traded at a PE ratio of 43.00 and has an RSI of 65.44. Sign up today to read free research on IRF at:

http://www.investor-edge.com/3525-IRF-06Jun2014.pdf

On Thursday, shares in Silicon Laboratories Inc. fluctuated between $44.31 and $45.62 before ending the session 1.32% higher at $45.34. Silicon Laboratories Inc.'s stock reported a trading volume of 0.35 million shares, below its three months average volume of 0.41 million shares. Shares of the company traded at a PE ratio of 49.08. Silicon Laboratories Inc.'s shares have advanced 1.64% in the previous three trading sessions, 1.52% in the last one month and 4.69% on YTD basis. The stock is trading above its 200-day moving average of $44.56. Moreover, shares of the company have an RSI of 42.53. Sign up today to read free research on SLAB at:

http://www.investor-edge.com/3525-SLAB-06Jun2014.pdf

EDITOR'S NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

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