Amtech Systems

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Amtech Systems ( ASYS) is a global provider of thermal processing systems, including related automation, parts and services for the solar/photovoltaic, semiconductor, silicon wafer and microelectromechanical systems industries. This stock is trading up 8% at $4.28 in recent trading.

Today's Range: $3.91-$4.31

52-Week Range: $3.65-$21.25

Volume: 127,000

Three-Month Average Volume: 162,098

>>6 Oversold Stocks Ready to Bounce Higher

From a technical perspective, ASYS is moving sharply higher here with decent volume following some recent weakness where the stock hit a 52-week low of $3.65.

Traders should now look for long-biased trades if ASYS can manage to trigger a near-term breakout trade. That trade will hit once ASYS takes out some near-term overhead resistance at $4.48 and then its 50-day moving average of $5.03 with high volume. Look for a sustained move or close above those levels with volume that's near or above 162,098 shares. If we get that action soon, then ASYS could easily hit $6 to $7 in the near future.

If you liked this article you might like

7 Stocks Under $10 With Relative Strength

5 Stocks Poised to Pop on Earnings

Insiders Trading APEI, SCHS, TXI

Insiders Trading APEI, SCHS, TXI

Top Nasdaq Short-Squeeze Plays

Top Nasdaq Short-Squeeze Plays