Tower Semiconductor Ltd. (TSEM)

Tower Semiconductor Ltd. is trading at $236.99, down 10.14% on the session. The 50 day average sits at $244.44 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 57.7, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $240.98 with resistance near $274.00, so that band frames the current range. Average daily movement is roughly $23.08, or about 9.7% of the share price, which is what any stop placement has to allow for. The overall health score of 53 out of 100 combines a trend score of 48, momentum of 85 and a risk score of 18.

Tower Semiconductor Ltd., an independent semiconductor foundry, provides technology, development, and process platforms for integrated circuits in the United States, Japan, rest of Asia, and Europe. The company provides customizable process technologies, including SiGe, SiPho, mixed signal CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, wafers, and integrated power management. It also offers a design enablement platform for a design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies. The company serves consumer applications, personal computers, communications, handsets and smartphones, automotive, industrial, aerospace, and medical devices. Tower Semiconductor Ltd. was incorporated in 1993 and is headquartered in Migdal Haemek, Israel