NASDAQ trade advice (D): US semiconductor stock | 8-10% gain | USA stock trading picks on 4 Dec 2024

Stock Market
NASDAQ, United States of America
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Semtech Corporation
  • 63 – 67
  • 72 – 74
  • Below 58
  • 8% – 10%
  • 14 - 15 Days
  • Buy Semtech Corporation
  • Buy
    Range
    63 – 67
  • Target 72 – 74
  • Stoploss Below 58
  • Upside
    Potential
    8% – 10%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Semtech Corporation (NASDAQ: SMTC) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • SMTC
  • Semtech Corporation
  • Semiconductors
  • 67
  • 16.19
  • NASDAQ code SMTC
  • Stock Name Semtech Corporation
  • Sector Semiconductors
  • 52 Weeks High 67
  • 52 Weeks Low 16.19
  • Company profile

    Semtech Corporation specializes in designing and manufacturing analog and mixed-signal semiconductors and advanced algorithms. It offers signal integrity products, including optical data communication and video transport solutions for various infrastructures and industries. The company provides integrated circuits for data centers, enterprise networks, and wireless base stations, along with video products for broadcasting and video-over-IP technology. Semtech also delivers protection products like filters and transient voltage suppressors to safeguard electronic systems, as well as specialized radio frequency and sensing products for industrial and medical uses. Additionally, it offers voltage regulators, smart regulators, and wireless charging solutions. The company has a range of IoT solutions, including modules and cloud-based services for various applications. Semtech serves OEMs and industrial markets, selling directly and through independent representatives in Asia-Pacific, North America, and Europe. Founded in 1960, it is based in Camarillo, California.

  • Semtech Corporation (NASDAQ: SMTC) vs NASDAQ - Relative Strength Comparison

    The image highlights Semtech Corporation's performance over the last year versus NASDAQ.
    Relative Performance - Last 1 Year
    SMTC —   NASDAQ —

  • Semtech Corporation (NASDAQ: SMTC) - Technical Analysis (Daily)

    Semtech Corporation - Technical Analysis chart on Daily Price and Volume
    Semtech Corporation - Technical Analysis chart on Daily Price and Volume

    • Following a significant decline, the stock price entered a prolonged consolidation phase, resulting in the formation of a Rounding Bottom pattern.
    • With a recent breakout, the price is now attempting to rise.
    • To kickstart an upward rally, the price must first hold above the 65 level.
  • Semtech Corporation (NASDAQ: SMTC) - RSI Indicator

    Semtech Corporation stock analysis based on RSI indicator
    Semtech Corporation - RSI indicator

    • Current RSI of this stock is 76.93, which indicates the strength of buyers.

  • Semtech Corporation (NASDAQ: SMTC) - ADX & DI Indicator

    Semtech Corporation stock analysis based on ADX & DI indicator
    Semtech Corporation stock analysis based on ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Semtech Corporation (NASDAQ: SMTC) - MACD Indicator

    Semtech Corporation stock analysis based on MACD indicator
    Semtech Corporation stock analysis based on MACD indicator

    • MACD line has crossed the signal line from the below, generates bullish signal.

  • Conclusion - Semtech Corporation (NASDAQ: SMTC) Stock Price Forcast

    Based on our stock trading advice in United States, Semtech Corporation stock price target will be USD 72 - USD 74 in the next 14-15 trading sessions.

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