Intersil Corporation (ISIL) Shares are Up 5.59%

Intersil Corporation (ISIL) : Traders are bullish on Intersil Corporation (ISIL) as it has outperformed the S&P 500 by a wide margin of 31.69% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.06%, 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 5.59% in the last 1 week, and is up 31.51% 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 19.16% and the 50-Day Moving Average is 32.83%.The 200 Day SMA reached 51.89%. Intersil Corporation is up 50.59% in the last 3-month period. Year-to-Date the stock performance stands at 62.8%.


Intersil Corporation (NASDAQ:ISIL): The stock opened in the green at $20.2 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $20.28 and a low of $20.02 for the day. The stock did not find buyers even at the lows and closed at $20.2 recording a loss of -0.25%. 2,269,173 shares exchanged hands during the trading day. The stock had closed at $20.25 in the previous days trading.

Intersil Corporation is engaged in designing and developing power management and precision analog integrated circuits (IC). The Company caters to infrastructure, industrial, automotive, consumer, instrumentation and measurement, light emitting diode (LED) lighting, medical, military, networking and communications, security and surveillance, radiation hardened, video and computing markets. It supplies a range of power IC solutions for battery management, processor power management and display power management, including power regulators, converters and controllers, as well as integrated power modules. The Company also provides precision analog components. The Companys product groups are power management, amplifiers and buffers, audio and video, data converters, end market specific, interface, optoelectronics, space and harsh environment, switches/multiplexers (MUXes)/crosspoints, timing and digital, and other analog.

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