Ichor Holdings, Ltd. (ICHR)

Ichor Holdings, Ltd. is trading at $37.73, down 12.94% on the session. The 50 day average sits at $58.30 and the 200 day at $59.98, which puts the stock in a downtrend. RSI is at 24.8, which reads as oversold, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $41.91 with resistance near $59.00, so that band frames the current range. Average daily movement is roughly $3.77, or about 10.0% of the share price, which is what any stop placement has to allow for. The overall health score of 19 out of 100 combines a trend score of 0, momentum of 34 and a risk score of 28.

Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in Singapore, the United States, Europe, and internationally. The company offers gas and chemical delivery subsystems used in the manufacturing of semiconductor devices. Its gas delivery subsystems deliver, monitor, and control gases used in semiconductor manufacturing processes, such as etch and deposition; and chemical delivery subsystems blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes, including chemical-mechanical planarization, electroplating, and cleaning. In addition, the company provides precision-machined components, weldments, e-beam and laser welded components, precision vacuum and hydrogen brazing, surface treatment technologies, and other proprietary products. It sells and markets its products to equipment OEMs in the semiconductor equipment market. Ichor Holdings, Ltd. was incorporated in 1999 and is headquartered in Fremont, California.