Photronics, Inc. (PLAB)

Photronics, Inc. is trading at $27.42, down 2.56% on the session. The 50 day average sits at $30.73 and the 200 day at $35.38, which puts the stock in a downtrend. RSI is at 34.7, which reads as weak, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $27.61 with resistance near $30.26, so that band frames the current range. Average daily movement is roughly $1.99, or about 7.3% of the share price, which is what any stop placement has to allow for. The overall health score of 34 out of 100 combines a trend score of 19, momentum of 33 and a risk score of 58.

Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates. The company also provides electrical and optical components. It sells its products to semiconductor and FPD designers, manufacturers, and foundries through its sales personnel and customer service representatives. The company was formerly known as Photronic Labs, Inc. and changed its name to Photronics, Inc. in 1990. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut.