News pushing the price well above the channel. It would be natural for the price to retest the price channel drawn but upside expected to continue backed by analysts. Beware of the earnings 08 Feb. Target at $2,92.
PXLW Ascended triangle / falling wedge breakout now
Pixelworks, Inc. engages in design, development, and marketing of visual display processing semiconductors, intellectual property cores, software, and custom application specific integrated circuits solutions for video applications. It also offers solutions for advanced media processing, and the delivery and streaming of video. The company was founded in 1997 by...
Pixelworks, Inc. designs, develops and markets video and pixel processing semiconductors, intellectual property cores, software and custom application specific integrated circuit (ASIC) solutions for digital video applications. The Company is engaged in the design and development of integrated circuits (ICs) for use in electronic display devices. It provides its...
Analysts have set a 1-year consensus price objective of $6.00 for the company and are forecasting that the company will post ($0.13) earnings per share for the current quarter. Shares of Pixelworks opened at 2.92 on Monday. The firm’s market capitalization is $80.66 million. The stock has a 50 day moving average price of $2.94 and a 200 day moving average price...