Linear Tech Generated Returns of 2% in Trailing-5-Day Period
Analyzing the Performances of Broadcom, Micron, and Linear Tech
Shareholder returns and stock trends
As of November 23, 2015, Linear (LLTC) generated investor returns of 1.4% in the trailing-12-month period and -2.0% in the trailing-one-month period. In comparison, the company generated 2.6% in 2014 and -1.1% YTD (year-to-date). The firm’s share price increased by 2% in the trailing-five-day period.
In comparison, Intel (INTC) and Micron (MU), peer companies in the semiconductor subsector, generated returns of -1.2% and -11.1%, respectively, in the trailing-one-month period.
Moving averages
On November 23, 2015, Linear Tech closed the trading day at $45.11. Based on this figure, here’s how the stock fared in terms of its moving averages:
7% above its 100-day moving average of $41.99
5% above its 50-day moving average of $42.82
1% above its 20-day moving average of $44.72
MACD and relative strength index
A company’s MACD (moving average convergence divergence) is the difference between its short-term and long-term moving averages. On November 23, 2015, Linear Tech’s 14-day MACD was 0.58. This positive figure indicates an upward trading trend.
The company’s 14-day RSI (relative strength index) was 56, which shows that the stock is slightly overbought. Generally, if a company’s RSI is above 70, it indicates its stock is overbought. An RSI figure of below 30 suggests that a company’s stock has been oversold.
Analyst recommendations
Out of 23 analysts covering Linear’s stock, four have issued a “buy” recommendation, four recommend a “sell,” and 15 have recommended a “hold.” The analyst stock price target for the firm is $42.25, with a median target estimate of $41. This means that Linear is trading at a premium of 10% to median analyst estimates.
Linear Tech constitutes 0.06% of the SPDR S&P 500 ETF (SPY) and 0.27% of the Technology Select Sector SPDR ETF (XLK).
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