Analogic Tech (AATI)

Company

"Advanced Analogic Technologies Incorporated (AnalogicTech) is a supplier of Total Power Management(TM) semiconductor solutions for mobile consumer electronic devices, such as wireless handsets, notebook and tablet computers, smartphones, digital cameras, wireless LAN, and personal media players. The company focuses its design and marketing efforts on the application-specific power management needs of consumer, communications, and computing applications in these rapidly evolving devices. AnalogicTech also develops and licenses device, process, package, and application-related technology. AnalogicTech is headquartered in Sunnyvale, California, with offices in South Korea, Taiwan, Hong Kong, Macau, Shanghai, Shenzhen, Beijing, Japan, Sweden, UK, and France, as well as a worldwide network of sales representatives and distributors." (company website)

AATI 3-month stock chart

Buy

Analogic hit bottom in October and has bumped along at the $5 level ever since. There are modest signs that it is ready to recover.

  • Price momentum (PPO) — picking up over last three-months
  • Trend (ADX) — very strong, with buying pressure (+DI) well above selling pressure (-DI)
  • Money flow (CMF) — strong inflow now following a strong outflow
  • Relative strength (RSI) — has gone from weak to strong
  • Volume — increasing again after a long decline

Based on technical analysis, MarketEdge calls AATI a "hold" and currently overbought. I may be jumping the gun here.

Sell

loss Bottom line
-6%

The stop-loss order triggered this morning, dumping me out of AATI for a modest loss. Since I bought there has been mild deterioration in the chart, so this was not unexpected, although not what I wished for. With earnings due this week, it is probably best to be on the sidelines until after the report.