MACOM Technology Solutions Holdings, Inc. (MTSI)

MACOM Technology Solutions Holdings, Inc. is trading at $234.39, down 7.14% on the session. The 50 day average sits at $280.41 and the 200 day at $282.15, which puts the stock in a downtrend. RSI is at 36, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $235.63 with resistance near $285.95, so that band frames the current range. Average daily movement is roughly $19.34, or about 8.3% of the share price, which is what any stop placement has to allow for. The overall health score of 22 out of 100 combines a trend score of 19, momentum of 20 and a risk score of 30.

MACOM Technology Solutions Holdings, Inc., together with its subsidiaries, provides analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum. The company offers a portfolio of standard and custom devices, including integrated circuits, multi-chip modules, diodes, amplifiers, switches and switch limiters, passive and active components, and subsystems. Its semiconductor products are electronic components that are incorporated in electronic systems, such as wireless base stations, optical networks, radar and medical systems, satellite networks, and test and measurement applications. The company serves carrier infrastructure, which comprise long-haul/metro, 5G and 6G infrastructure, satellite communications, and fiber-to-the-X/passive optical network; industrial and defense, including military and commercial radar, RF jammers, electronic countermeasures, and communication data links, as well as multi-market applications, such as industrial, medical, test and measurement, and scientific applications; and data centers. It sells its products through direct sales force, applications engineering staff, independent sales representatives, resellers, and distributors. The company operates in the United States, China, Japan, Singapore, South Korea, Taiwan, and internationally. MACOM Technology Solutions Holdings, Inc. was formerly known as M/A-Com Technology Solutions Holdings, Inc. and changed its name to MACOM Technology Solutions Holdings, Inc. in 2016. MACOM Technology Solutions Holdings, Inc. was founded in 1950 and is based in Lowell, Massachusetts.