Kulicke and Soffa Industries, Inc. (KLIC)’s Stock Drops -21.1% For Quarter

Kulicke and Soffa Industries, Inc. shares are showing negative momentum over the past 13 weeks as the stock has clocked in with losses of -21.1%.  In taking a look at recent performance, we can see that shares have moved -4.5% over the past 4-weeks, -13.56% over the past half year and -12.35% over the past full year. More recently, Kulicke and Soffa Industries, Inc. has moved 1.86 for the week.

There are many traders who think that proper psychology is one of the most important aspects of becoming successful in the stock market. Traders may need to learn how to become confident while overcoming certain fears and dealing with extreme ups and downs. This may not be easy as individuals all draw off of prior experiences at some level. Being able to convert outside success to the stock market may take some work. Traders who are able to overcome previous bias may be on the right path for having the proper mindset when entering the market.

A technical indicator to check out is the Williams Percent Range or Williams %R. Currently, Kulicke and Soffa Industries, Inc. (KLIC)’s Williams Percent Range or 14 day Williams %R is calculated at -35.92. The Williams %R can be an effective momentum indicator to help measure overbought/oversold levels. Being a bound oscillator, levels will range from 0 to -100. Typically, if the value moves above -20, the stock may be considered to be overbought. On the other end, if the indicator heads under -80, this might signal that the stock is oversold.

Another technical indicator that might serve as a powerful resource for measuring trend strength is the Average Directional Index or ADX. The ADX was introduced by J. Welles Wilder in the late 1970’s and it has stood the test of time. The ADX is typically used in conjunction with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to help spot trend direction as well as trend strength. At the time of writing, the 14-day ADX for Kulicke and Soffa Industries, Inc. (KLIC) is noted at 30.62. Many technical analysts believe that an ADX value over 25 would suggest a strong trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal.

Investors may use various technical indicators to help spot trends and buy/sell signals. Presently, Kulicke and Soffa Industries, Inc. (KLIC) has a 14-day Commodity Channel Index (CCI) of 48. The CCI was developed by Donald Lambert. The assumption behind the indicator is that investment instruments move in cycles with highs and lows coming at certain periodic intervals. The original guidelines focused on creating buy/sell signals when the reading moved above +100 or below -100. Traders may also use the reading to identify overbought/oversold conditions.

Taking a look at other technical levels, the 3-day RSI stands at 32.95, the 7-day sits at 46.48 and the 14-day (most common) is at 47.69. The Relative Strength Index (RSI) is an often employed momentum oscillator that is used to measure the speed and change of stock price movements. When charted, the RSI can serve as a visual means to monitor historical and current strength or weakness in a certain market. This measurement is based on closing prices over a specific period of time. As a momentum oscillator, the RSI operates in a set range. This range falls on a scale between 0 and 100. If the RSI is closer to 100, this may indicate a period of stronger momentum. On the flip side, an RSI near 0 may signal weaker momentum. The RSI was originally created by J. Welles Wilder which was introduced in his 1978 book “New Concepts in Technical Trading Systems”.

Keeping an eye on Moving Averages, the 50-day is 21.43, the 200-day is at 23.95, and the 7-day is 21.17 for Kulicke and Soffa Industries, Inc. (KLIC). Moving averages have the ability to be used as a powerful indicator for technical stock analysis. Following multiple time frames using moving averages can help investors figure out where the stock has been and help determine where it may be possibly going. The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time.