Teradyne (TER) Shares are Up 1.36%

Teradyne (TER) : Traders are bullish on Teradyne (TER) as it has outperformed the S&P 500 by a wide margin of 1.96% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.19%, 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 1.36% in the last 1 week, and is up 1.41% 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 2.66% and the 50-Day Moving Average is 4.45%.The 200 Day SMA reached 8.27%

Teradyne

Teradyne (NYSE:TER): After opening at $21.42, the stock dipped to an intraday low of $21.33 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $21.655 and the buying power remained strong till the end. The stock closed at $21.58 for the day, a gain of 1.60% for the day session. The total traded volume was 1,586,306. The stocks close on the previous trading day was $21.58.

Teradyne (TER) : Currently there are 7 street experts covering Teradyne (TER) stock. The most bullish and bearish price target for the stock is $24 and $21 respectively for the short term. The average price target of all the analysts comes to $22.43. The estimated standard deviation from the target is $0.98.

Teradyne, Inc. (Teradyne) is a supplier of automatic test equipment. The Company operates in three segments: Semiconductor Test, Wireless Test and System Test. The Companys automatic test equipment products and services include semiconductor test (Semiconductor Test) systems, wireless test (Wireless Test) systems, and defense/aerospace (Defense/Aerospace) test instrumentation and systems, storage test (Storage Test) systems, and circuit-board test and inspection (Production Board Test) systems (collectively System Test). The Company has a customer base, which includes integrated device manufacturers, outsourced semiconductor assembly and test providers, wafer foundries, fabless companies that design, but contract with others for the manufacture of integrated circuits, developers of wireless devices and consumer electronics, manufacturers of circuit boards, automotive suppliers, wireless product manufacturers, storage device manufacturers, aerospace and military contractors.

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