Advanced Semiconductor Engineering (ASX) Shares are Down -0.67%

Advanced Semiconductor Engineering (ASX) : During the past 4 weeks, traders have been relatively bearish on Advanced Semiconductor Engineering (ASX), hence the stock is down -1.46% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.84% relative to the S&P 500. The 4-week change in the price of the stock is -1.99% and the stock has fallen -0.67% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.43% and the 50-Day Moving Average is 1.16%.The 200 Day SMA reached 6.66%


Advanced Semiconductor Engineering (NYSE:ASX): After opening at $5.96, the stock dipped to an intraday low of $5.895 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $5.96 and the buying power remained strong till the end. The stock closed at $5.91 for the day, a gain of 0.17% for the day session. The total traded volume was 827,660. The stocks close on the previous trading day was $5.91.

Advanced Semiconductor Engineering, Inc. is an independent provider of semiconductor packaging and testing services. The Company packages bare semiconductors into finished semiconductors with enhanced electrical and thermal characteristics, provides testing services, including front-end engineering testing, wafer probing and final testing services, and provides electronics manufacturing services. It also engages in other activities, such as substrate production and real estate business. The Company operates through the following segments: Packaging, Testing and Electronic Manufacturing Services. The Company offers a range of package types to meet the requirements of its customers, with a focus on advanced packaging solutions. The Company provides a range of semiconductor testing services, including front-end engineering testing, wafer probing, testing and test-related services. It provides integrated solutions for electronic manufacturing services.

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