Fiber series first week news Abstract 14
Week News Abstract For Fiber Series in 10GTEK
The abstract is mainly about the optical communication related products,including: FTTH,GPON,EPON,SFPPLC,PTN,ODN,Optical module,Optical devices,optical communications,Optical transceiver module,Etc.
Weekly: Opnext, continues significant downtrend, drops 4.8%
Opnext (OPXT.O) dropped 4.94c (or 4.8%) to 98.06c in the week ending Friday December 09. Compared with the NASDAQ-100 index which rose 16.6 points (or 0.7%) in the week, this represented a relative price change of -5.5%. Price Change % 1-week 3-month OPXT -4.8% -33.74% Lasers Systems & Components -3.52% -10.53% NASDAQ-100 0.72% 7.16% Breakdown: in the last six months the stock has hit a new 52-week low six times, pointing to a downtrend. Support: the support price is hovering at the 85.0c level. Volume traded at the fragile support price zone was 0.1 times average during the single occasion when the support price was breached. In the last one month the first low was at 85.0c on Nov 21. Resistance: the stock hit a new a two-week high of US$1.06 high on decreased volume index of 0.3 on Friday. Previous rallies have been met with resistance at US$1.13. However, selling pressure at that level has been weak; volume was 0.1 times average during the five occasions when the resistance price was breached in the last one month. In the last one month the highest was at US$1.13 on Nov 15, the second highest at US$1.13 on Nov 16. The third advance halted at US$1.12 on Nov 11, the 4th at US$1.12 on Nov 10 and the 5th at US$1.12 on Nov 14. The Volume Weighted Price (VWP) is the summation of turnover [or price at which shares were sold times the volume of shares] divided by the total volume and represents an average based on turnover of all transactions over the period. In the past week the Volume Weighted Price was US$1.0, down from US$1.01 in the previous week. Average daily volume of some 1,222,802 shares declined 0.8% from 1,232,857 shares. The 5-week VWP is US$1.04. Trailing five weeks: the stock fell thirteen times (52% of the time), rose eight times (32% of the time), was unchanged three times (12% of the time) and was untraded once (4% of the time). The aggregate volume was 0.4 times average trading of 30,570,040 shares. The value of US$1,000 invested five weeks ago is US$908 [vs US$987 for the NASDAQ-100 index] for a capital loss of US$92.Trailing thirteen weeks: the stock fell thirty three times (51% of the time), rose twenty six times (40% of the time), was unchanged five times (8% of the time) and was untraded once (2% of the time). The aggregate volume was 0.6 times average trading of 79,482,104 shares. The value of US$1,000 invested thirteen weeks ago is US$845 [vs US$1,075 for the NASDAQ-100 index] for a capital loss of US$155.Trailing Two Years: the value of US$1,000 invested two years ago is US$483 [vs US$1,310 for the NASDAQ-100 index] for a capital loss of US$517.
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Weekly: Optical Cable weakens below Moving Average Price (MAP), with 50-day MAP trailing 200-day MAP
Optical Cable (OCC.O), NASDAQ's 7th largest Fiber Optics company by market capitalisation, has dropped below its trend. The 200-day moving average price (MAP) was US$4.136. The price to 200-day MAP ratio is 0.8, a bearish indicator. In the past 200 days this ratio has been under 0.8 thirty-two times suggesting further downside. The stock is trading below both its MAPs and the 50-day MAP of US$3.471 is lower than the 200-day MAP of US$4.136, a bearish indicator. The 200-day MAP has decreased to US$4.136. A decrease is another bearish indicator. The stock fell for a second week on Friday. The share price dipped 3.0c (or 0.9%) to US$3.31 in the week ending Friday December 09. Compared with the NASDAQ-100 index which rose 16.6 points (or 0.7%) in the week, this represented a relative price change of -1.6%. Support: the support price is hovering at the US$3.25 level. Volume traded at the fragile support price zone was 0.03 times average during the four occasions when the support price was breached. In the last one month the first low was at US$3.25 on Dec 02, the second at US$3.25 on Nov 30. The third decline halted at US$3.30 on Dec 08, the 4th at US$3.31 on Dec 09.Resistance: previous rallies have been met with resistance at US$3.78. However, selling pressure at that level has been weak; volume was 0.03 times average during the five occasions when the resistance price was breached in the last one month. In the last one month the highest was at US$3.78 on Nov 21, the second highest at US$3.78 on Nov 22. The third advance halted at US$3.752 on Nov 18, the 4th at US$3.74 on Nov 16 and the 5th at US$3.71 on Nov 17. Optical Cable Corporation, is a manufacturer of fiber optic cables primarily sold into the enterprise market, and the manufacturer of military ground tactical fiber optic cable for the United States Military. The Company sells its products worldwide for uses ranging from commercial and campus installations to customized products for specialty applications and harsh environments, including military applications. Its tight-buffered fiber optic cables are used for high-bandwidth transmission of data, video and audio communications. The enterprise market, into which the Company sells, includes local area network (LAN) and premises markets. Its fiber optic cables can be used in various other short- to moderate-distance applications as well. On May 30, 2008, Optical Cable Corporation acquired Superior Modular Products Incorporated, doing business as SMP Data Communications.
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Weekly: EMCORE price 9.0% below volume weighted price
EMCORE (EMKR.O), NASDAQ's 22nd largest Electrical Manufacturing company by market capitalisation, increased 2.0c (or 2.1%) to 98.0c in the week ending Friday December 09. The price is at a discount of 9.0% to the 3-month volume weighted average price of US$1.077, which may appeal as a value proposition. The stock rose for a second week on Friday. Compared with the NASDAQ-100 index which rose 16.6 points (or 0.7%) in the week, this represented a relative price change of 1.4%. Support: the support price is hovering at the 87.99c level. Volume traded at the fragile support price zone was 0.1 times average during the three occasions when the support price was breached. In the last one month the first low was at 87.99c on Nov 28, the next at 88.0c on Nov 25. The third decline halted at 88.13c on Nov 23. Resistance: previous rallies have been met with resistance at US$1.04. However, selling pressure at that level has been weak; volume was 0.1 times average during the seven occasions when the resistance price was breached in the last one month. In the last one month the highest was at US$1.04 on Nov 18, the second highest at US$1.03 on Nov 17. The third advance halted at US$1.03 on Dec 05, the 4th at US$1.03 on Nov 21 and the 5th at US$1.03 on Nov 22. The Volume Weighted Price (VWP) is the summation of turnover [or price at which shares were sold times the volume of shares] divided by the total volume and represents an average based on turnover of all transactions over the period. In the past week the Volume Weighted Price was 97.86c, up from 93.24c in the previous week. Average daily volume of some 1,341,455 shares declined 2.4% from 1,373,754 shares. The 5-week VWP is 97.66c. EMCORE Corporation (EMCORE) is a provider of compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite, and terrestrial solar power markets. The Company has two reporting segments: Fiber Optics and Photovoltaics. Fiber Optics segment offers optical components, subsystems, and systems that enable the transmission of video, voice, and data over high-capacity fiber optic cables for high-speed data and telecommunications, cable television (CATV) and fiber-to-the-premises (FTTP) networks. Photovoltaics segment provides solar products for satellite and terrestrial applications. On February 22, 2008, EMCORE acquired telecom-related assets of Intel Corporation's Optical Platform Division (OPD). On April 20, 2008, EMCORE acquired the enterprise and storage-related assets of Intel Corporation's OPD business, as well as Intel's Connects Cables business. In January 2009, the Company completed the sale of WorldWater & Solar Technologies Corporation.
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The above information is edited by 10GTEK.
10GTEK is a professional manufacturer engaged in the R&D,manufacturing and marketing of Fiber Optic Transceivers and High Performance Cables Assemblies.
10GTEK provides customers with top quality and cost effective products. The prompt response and excellent customer support contribute to clients' full satisfaction.
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