Arteris, Inc. (AIP)

Arteris, Inc. is trading at $25.22, down 9.38% on the session. The 50 day average sits at $34.90 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 42.2, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $27.08 with resistance near $33.57, so that band frames the current range. Average daily movement is roughly $2.52, or about 10.0% of the share price, which is what any stop placement has to allow for. The overall health score of 24 out of 100 combines a trend score of 25, momentum of 25 and a risk score of 22.

Arteris, Inc., together with its subsidiaries, provides semiconductor system intellectual property (IP) solutions in the United States, rest of the Americas, China, Korea, the rest of the Asia Pacific, Europe, and the Middle East. It manages on-chip communications and IP block deployments in System-on-Chip (SoC) semiconductors and systems of chiplets. The company offers Network-on-Chip (NoC) IP Products, such as FlexGen, FlexNoC, and FlexWay, a non-coherent NoC IP; Ncore, a cache-coherent NoC IP; and CodaCache, a last-level cache. It also provides hardware security verification software products, such as Cycuity Radix-S to detect and remediate security issues in IP blocks and subsystems of an SoC; Cycuity Radix-M for hardware security verification emulation for system-level SoC and firmware; and Cycuity Radix-ST, a static security analyzer that identifies potential design weaknesses early in the development lifecycle, as well as SoC integration automation software solutions products, including Magillem Connectivity and Registers, and CSRCompiler. In addition, the company offers professional services, such as training, design assistance, and consulting; licensing services for software and intellectual properties; IP support and maintenance; and on-site support services. It serves the automotive, communications, enterprise computing, consumer electronics, and industrial markets. Arteris, Inc. was founded in 2003 and is headquartered in Campbell, California.