Large Inflow of Money Detected in Cypress Semiconductor Corporation

Cypress Semiconductor Corporation (CY) stock had a bullish inflow of $3.34 million worth of trades on uptick and an outflow of $0.74 million in downticks on Wednesday. The total uptick to downtick ratio stood at 4.55. The net money flow into the stock was $2.61 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $2.69 million. $2.69 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Cypress Semiconductor Corporation (CY) stock traded down $0.01 , and reached $11.5, a drop of -0.09% over the previous day. On a weekly basis, the stock is 1.23%, over the previous weeks close.


Cypress Semiconductor Corporation (NASDAQ:CY): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.60 and $11.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.57, notching a gain of 0.52% for the day. The total traded volume was 6,434,954 . The stock had closed at $11.51 on the previous day.

The stock has recorded a 20-day Moving Average of 11.46% and the 50-Day Moving Average is 13.74%. In a related news, Bingham H Raymond, director of Cypress Semiconductor Corp /De/, unloaded 15,000 shares at an average price of $10.4 on July 1, 2016. The total amount of the transaction was worth $156,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Cypress Semiconductor Corporation is a provider of mixed-signal programmable solutions. The Companys offerings include PSoC 1, PSoC 3, PSoC 4 and PSoC 5LP programmable system-on-chip families. It caters to markets, including industrial, mobile handsets, consumer, computation, data communications, automotive and military. The Company operates in four segments: Programmable Systems Division, Memory Products Division, Data Communications Division and Emerging Technologies Division. The Programmable Solutions Division designs and develops solutions for end-product manufacturers. The Memory Products Division designs and manufactures SRAM products and non-volatile RAMs (random access memories). The Data Communications Division focuses on solutions for industrial, handset and consumer applications. The Emerging Technologies Division consists of the Companys subsidiaries, AgigA Tech, Inc. and Deca Technologies, Inc.

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