Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Cree CEO Gregg Lowe and CFO Neill Reynolds will present virtually at Morgan Stanley's 2021 Global Technology, Media & Telecom Conference on March 1.
Swing trading is all about taking quick gains and keeping losses small. Cree was on our radar after its strong support at the 50-day moving average line. On Feb. 1, it cleared the resistance of the past three days and it joined SwingTrader (1).
Shares of Cree Inc. , a light-emitting diode products company, rose 1.4% in premarket trade Friday, after the company said it has completed a $500 million at-the-market equity offering. Cree sold 4.2 million shares with proceeds to be used to bolster its balance sheet and boost liquidity to grow its Wolfspeed business. "The additional capital will help support our capacity expansion efforts as we continue to invest for long-term growth and drive the industry transition from silicon to silicon ca...
Cree, Inc. Completes $500 Million At-The-Market Equity Offering
Cree, Inc. (CREE) shares rose about 2% during Wednesday's session after Citi upgraded the stock to Buy and raised its price target to $160 – a 35% premium to the current market price. Citi analyst Amanda Scarnati predicts that President Biden will detail a plan to invest $400 billion in clean energy during his inaugural State of the Union address. Restoring EV tax credits, installing a nationwide network of EV chargers, and improving battery technologies should outweigh near-term concerns over...
Shares of Cree Inc. fell 4.0% in premarket trading Friday, after the light-emitting diode products company filed for the "at-the-market" (ATM) sale of up to $500 million worth of its common stock. Based on Thursday's record stock closing price of $128.28, the filing could represent up to 3.9 million shares, or about 3.5% of the shares outstanding. The filing to sell shares comes after the stock soared 86.6% over the past three months, compared with the S&P 500's 10.7% rise over the same time.
Today we're going to take a look at the well-established Cree, Inc. ( NASDAQ:CREE ). The company's stock received a lot...