Rudolph Technologies (RTEC) : Traders are bullish on Rudolph Technologies (RTEC) as it has outperformed the S&P 500 by a wide margin of 10.2% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 10.2%, 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 10.13% in the last 1 week, and is up 13.9% 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 11.79% and the 50-Day Moving Average is 16.12%. Rudolph Technologies Inc. is up 27.04% in the last 3-month period. Year-to-Date the stock performance stands at 23.91%.
Rudolph Technologies (NYSE:RTEC): stock turned positive on Friday. Though the stock opened at $16.31, the bulls momentum made the stock top out at $17.71 level for the day. The stock recorded a low of $16.21 and closed the trading day at $17.62, in the green by 7.70%. The total traded volume for the day was 1,275,138. The stock had closed at $16.36 in the previous days trading.
Rudolph Technologies, Inc. is engaged in the design, development, manufacture and support of defect inspection, advanced packaging lithography, thin film metrology, and data analysis systems and software used by microelectronics device manufacturers. The Company provides process and yield management solutions used in both wafer processing and final manufacturing through a family of standalone systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements. The Company provides its technologies in business areas, including Inspection Business, Lithography Business, Metrology Business, and Yield Management and Process Control Software. It markets and sells its products to memory, data storage, flat panel and application-specific integrated circuit (ASIC) device manufacturers.