Is Tower Semiconductor Ltd (TSEM) Stock Worth a Buy Thursday?
Tower Semiconductor Ltd (TSEM) stock has fallen -47.67% over the last 12 months, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives TSEM stock a score of 31 out of a possible 100. That rank is chiefly influenced by a long-term technical score of 2. TSEM’s rank also includes a short-term technical score of 44. TSEM has an Overall Score of 31. Find out what this means to you and get the rest of the rankings on TSEM! See Full TSEM Report What’s Happening with TSEM Stock Today Tower Semiconductor Ltd (TSEM) stock is higher by 0.04% while the S&P 500 has fallen -0.26% as of 10:54 AM on Thursday, Oct 19. TSEM is up $0.01 from the previous closing price of $22.34 on volume of 271,479 shares. Over the past year the S&P 500 is up 16.46% while TSEM has fallen -47.67%. TSEM earned $2.48 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 9.02. Click Here to get the full Stock Report for Tower Semiconductor Ltd stock.
Read MoreLattice Semiconductor $LSCC Trading Report
October 17, 2023, 20:15 pm ET, BY Rick O.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn) Longer Term Trading Plans for LSCC NONE. Details There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session. Short LSCC slightly under 83.09, target n/a, stop loss @ 83.33 Details The technical summary data is suggesting a short of LSCC as it gets near 83.09, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary
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