Lattice Semiconductor Corporation (LSCC) : Traders are bullish on Lattice Semiconductor Corporation (LSCC) as it has outperformed the S&P 500 by a wide margin of 5.41% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.45%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.62% in the last 1 week, and is up 4.85% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.91% and the 50-Day Moving Average is 5.44%.The 200 Day SMA reached 13.54%
Lattice Semiconductor Corporation (NASDAQ:LSCC): After opening at $6.51, the stock dipped to an intraday low of $6.46 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $6.55 and the buying power remained strong till the end. The stock closed at $6.49 for the day, a gain of 0.15% for the day session. The total traded volume was 2,115,183. The stocks close on the previous trading day was $6.49.
Lattice Semiconductor Corporation (LSCC) stock is expected to deviate a maximum of $0.88 from the average target price of $7.26 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $8 and the most muted being $6.
Lattice Semiconductor Corporation (Lattice) designs, develops and markets programmable logic products and related software. The Company also provides design services, customer training, field engineering and technical support. The Company has two programmable logic device (PLD) architectures, which include field programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs). Its product offerings under new category include LatticeECP5, MachXO3, Power Manager II and iCE40; products under mainstream include ispMACH4000ZE, ispMACH 4000/Z, LatticeECP2/M, LatticeXP2, MachXO, ispClock A/D/S and Software and IP, and products under mature include ispXPLD, FPSC, ORCA 2, ORCA 3, ORCA 4, ispPAC, ispLSI 8000V, ispMACH 5000B, ispMACH 2LV, ispMACH 5LV, ispLSI 2000V, ispLSI 5000V, ispMACH 5000VG, 5-volt CPLDs, ispGDX2, GDX/V, ispMACH 4/LV, iCE65, ispClock, Power Manager I, SPLDs, LatticeECP and LatticeXP. It also includes Silicon Image Top Solutions and Silicon Image IP Cores.