Data I/O Corporation (DAIO) Shares are Up 17.54%

Data I/O Corporation (DAIO) : Traders are bullish on Data I/O Corporation (DAIO) as it has outperformed the S&P 500 by a wide margin of 32.83% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 17.62%, 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 17.54% in the last 1 week, and is up 37.3% 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 21.82% and the 50-Day Moving Average is 29.29%. Data I/O Corp. is up 48.23% in the last 3-month period. Year-to-Date the stock performance stands at 32.94%.


Data I/O Corporation (NASDAQ:DAIO): stock turned positive on Friday. Though the stock opened at $3.35, the bulls momentum made the stock top out at $3.95 level for the day. The stock recorded a low of $3.24 and closed the trading day at $3.35, in the green by 9.84%. The total traded volume for the day was 914,895. The stock had closed at $3.05 in the previous days trading.

Data I/O Corporation (Data I/O) designs, manufactures and sells programming systems for electronic device manufacturers, specifically targeting areas, such as flash memory and microcontrollers. Data I/Os programming solutions include a range of products, systems, modules and accessories, grouped into two general categories: automated programming systems and manual programming systems. The Company provides two categories of automated programming systems: off-line and in-line. Data I/Os common programming platform, FlashCORE, and Data I/Os universal job setup tool, Tasklink for Windows, are available in each family of the Companys automated programming systems and FlashPAK. In addition, the Company provides device support and service on its products.

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