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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
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  • Alpha And Omega Semiconductor - Barchart's Chart Of The Day 0 comments
    Jun 11, 2014 6:56 PM | about stocks: AOSL

    The Chart of the Day is Alpha and Omega Semiconductor (NASDAQ:AOSL). I found the stock by sorting the New High list for new high frequency in the last month, then used the Flipchhart feature to find the chart I really liked. Since the Trend Spotter signaled a buy on 5/12 the stock gained 17.35%.

    AOSL is engaged in designing, developing and supplying a broad range of power semiconductors globally, including a portfolio of Power MOSFET and Power IC products. The Company seeks to differentiate itself by integrating its expertise in device physics, process technology, design and advanced packaging to optimize product performance and cost. Its portfolio of products targets high-volume end-market applications, such as notebooks, netbooks, flat panel displays, mobile phone battery packs, set-top boxes, portable media players and power supplies. The products are incorporated into devices by original equipment manufacturers, or OEMs. The Company utilizes third-party foundries for all of its wafer fabrication and it deploys and implements its proprietary MOSFET processes at these third party foundries. The Company relies upon its in-house capacity and an associated provider for most of its packaging and testing requirements.

    (click to enlarge)

    The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

    Barchart technical indicators:

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 15 new highs and up 20.87% in the last month
    • Relative Strength Index 80.40%
    • Barchart computes a technical support level at 8.71
    • Recently traded at 8.86 with a 50 day moving average of 7.63


    Fundamental factors:

     

    • Market Cap $230.27 million
    • Wall Street analysts issued 1 strong by and 1 hold but didn't share predictions
    • On Motley Fool individual investors voted 63 to 2 for the stock to beat the market
    • The more experienced All Stars voted 10 to 1 for the same result


    Not a lot of info about why the price momentum is good except this article in Zacks: Tale of the Tape

    Play as a purely technical stock.

    Stocks: AOSL
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