Lead Gainers in the Nasdaq 100 Today: TEVA, SYMC, AMGN, NVDA, MU, NFLX, KLAC, MYL, AMAT, LRCX (Sep-11-2017)

NASDAQ Movers to the Upside Today

Teva Pharmaceutical Industries Ltd (ADR)
TEVA traded higher today on unusually high volume, 3.58 times more than usual. At market close, it was trading at $18.50 per share, up $2.99 or 19.32%. The positive environment continues into the after market session. During after hours, TEVA is up another $0.29 or 1.57%. TEVA gained in 4 of the last 10 trading days. Today’s movement extends the stock’s gain from yesterday. In the short term, the trend is bullish and the stock price could breakout higher from the current trading range in the medium term. Traders should wait for further indicators to confirm this upward movement before chasing the stock at this level. TEVA is predicted to find support near $16.45 and resistance near $20.27. It has a 52 week high of $52.66 and a 52 week low of $15.22, with a current market cap of 18.98B and a PE ratio of 0.00. Teva Pharmaceutical Industries Ltd (ADR) also has a dividend yield of 5.97% on an annual basis.

Symantec Corporation
SYMC traded higher today on above average volume, 1.28 times more than usual. At market close, it was trading at a price of $32.75, up $1.12 or 3.54%. The bullish movement continues into the after market session. In the after market, SYMC is up another $0.19 or 0.58%. SYMC closed positively in 6 of the last 10 trading days. Today’s closing figure adds to the stock’s 2 days winning streak. The trend is bullish and the stock price could breakout higher from the current level in the short term. Investors should wait for further indicators to confirm this uptrend before placing a bet here. SYMC is finding support near $31.52 and resistance near $33.38. It has a 52 week high of $33.22 and a 52 week low of $22.76, with a market cap of 20.13B and a price to earning ratio of 0.00. Symantec Corporation also has a dividend yield of 0.92% on an annual basis.

Amgen, Inc.
AMGN traded higher today on unusually high volume, 1.8 times more than usual. At the close of the market, it was trading at a price of $186.49, up $5.85 or 3.24%. The optimism continues into the after market session. In the after market, AMGN is up another $0.51 or 0.27%. AMGN closed higher in 7 of the last 10 trading days. The movement today is a rebound to the stock after yesterday’s sell off. The trend is bullish and the stock price could increase from the current trading range in the medium term. Investors should wait for further indicators to confirm this uptrend before chasing the stock at this level. AMGN is finding support near $181.08 and resistance near $189.42. It has a 52 week high of $186.71 and a 52 week low of $133.64, with a current market capitalization of 136.08B and a price to earning ratio of 16.96. Amgen, Inc. also has a dividend yield of 2.47% annually.

NVIDIA Corporation
NVDA is ranked in the Nasdaq 100 top gainers today with average volume. At the close of the day, it was trading at $169.00, up $5.31 or 3.24%. The bullishness continues into the after market session. During after hours, NVDA is up another $0.26 or 0.15%. NVDA closed higher in 5 of the last 10 trading days. The movement today is a rebound after yesterday’s dip. Technical indicators is bullish and the stock price could increase from the current trading range in the short term. Traders are recommended to wait for further indicators to confirm this upward movement before buying the stock at this level. NVDA should find technical support near $163.81 and resistance near $172.03. It has a 52 week high of $174.56 and a 52 week low of $57.31, with a current market cap of 101.40B and a PE ratio of 48.39. NVIDIA Corporation also has a dividend yield of 0.33% on an annual basis.

Micron Technology, Inc.
MU is one of the market movers to the upside today with above average volume, 1.25 times more than usual. At the close of the day, it was last traded at a price of $33.44 per share, up $0.99 or 3.05%. The bullish movement continues into the after market session. In the after market, MU is up another $0.10 or 0.30%. MU ended the session positively in 8 of the last 10 trading days. Today’s movement is a rebound to the stock after yesterday’s sell off. Technical indicators is bullish and the stock price could increase from the current level in the short term. Traders should wait for further indicators to confirm this upward movement before chasing the stock at this level. MU should find technical support near $32.6 and resistance near $33.86. It has a 52 week high of $33.44 and a 52 week low of $16.17, with a market cap of 37.25B and a PE ratio of 15.40.

Netflix, Inc.
NFLX is ranked in the Nasdaq 100 top gainers today with average volume. At the end of the day, it was last traded at $181.74, up $5.32 or 3.02%. The positive environment continues into the after market session. In the after market, NFLX is up another $0.15 or 0.08%. NFLX ended the session positively in 6 of the last 10 trading days. Today’s closing figure finally put an end to the stock’s 2 days losing streak. Short term technical indicators is bullish and the stock price could increase from the current level in the medium term. Investors should wait for further indicators to confirm this up leg before taking a position here. NFLX should find technical support near $176.31 and resistance near $185.19. It has a 52 week high of $191.50 and a 52 week low of $93.26, with a market cap of 78.47B and a PE ratio of 222.64.

KLA-Tencor Corporation
KLAC is one of the market movers to the upside today with average volume. At the close of the market, it was trading at a price of $97.17 per share, up $2.82 or 2.99%. KLAC closed higher in 8 of the last 10 trading days. The movement today is a rebound to the stock after yesterday’s dip. The trend is bullish and the stock price could breakout higher from the current trading range in the short term. Traders should wait for further indicators to confirm this up leg before chasing the stock at this level. KLAC should find technical support near $94.18 and resistance near $99.22. It has a 52 week high of $109.59 and a 52 week low of $68.43, with a current market capitalization of 15.24B and a PE ratio of 16.53. KLA-Tencor Corporation also has a dividend yield of 2.43% on an annual basis.

Mylan Inc.
MYL is ranked in the Nasdaq 100 top gainers today with below average volume, only 68 percent of its usual volume. At the end of the day, it was trading at $33.04 per share, up $0.94 or 2.93%. MYL ended the session positively in 8 of the last 10 trading days. The movement today extends the stock’s gain from yesterday. Technical indicators is bullish and the stock price could accelerate higher from the current trading range in the short term. Traders are recommended to wait for further indicators to confirm this uptrend before placing a bet here. MYL is predicted to find support near $32.12 and resistance near $33.72. It has a 52 week high of $45.87 and a 52 week low of $29.39, with a current market capitalization of 17.21B and a price to earning ratio of 26.65.

Applied Materials, Inc.
AMAT is one of the market movers to the upside today with average volume. At the close of the market, it was last traded at a price of $45.58 per share, up $1.23 or 2.77%. The optimism continues into the after market session. In the after market, AMAT is up another $0.12 or 0.26%. AMAT closed positively in 5 of the last 10 trading days. Today’s closing figure is a rebound after yesterday’s sell off. In the short term, the trend is bullish and the stock price could increase from the current level in the medium term. Traders should wait for further indicators to confirm this up leg before taking a position here. AMAT is predicted to find support near $44.47 and resistance near $46.35. It has a 52 week high of $47.86 and a 52 week low of $27.56, with a market cap of 48.61B and a price to earning ratio of 16.19. Applied Materials, Inc. also has a dividend yield of 0.88% annually.

Lam Research Corporation
LRCX traded higher today on average volume. At the close of the day, it was trading at $169.96, up $4.21 or 2.54%. However, investors are taking profit from the stock in after hour trading. LRCX is so far down $0.02 or -0.01% in the after market session. LRCX gained in 7 of the last 10 trading days. Today’s closing figure is a rebound to the stock after yesterday’s sell off. Short term technical indicators is bullish and the stock price could breakout higher from the current level in the short term. Investors are recommended to wait for further indicators to confirm this uptrend before buying the stock at this level. LRCX is predicted to find support near $166.1 and resistance near $172.58. It has a 52 week high of $170.65 and a 52 week low of $89.80, with a market cap of 27.61B and a PE ratio of 18.46. Lam Research Corporation also has a dividend yield of 1.06% annually.

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