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Atmel (ATML) In A Perilous Reversal

Trade-Ideas LLC identified Atmel ( ATML) as a "perilous reversal" (up big yesterday but down big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Atmel as such a stock due to the following factors:

  • ATML has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $67.7 million.
  • ATML has traded 219,559 shares today.
  • ATML is down 6.6% today.
  • ATML was up 6.1% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in ATML with the Ticky from Trade-Ideas. See the FREE profile for ATML NOW at Trade-Ideas More details on ATML: Atmel Corporation designs, develops, manufactures, and sells semiconductor integrated circuit products primarily in the United States, Asia, Europe, South Africa, and Central and South America. The stock currently has a dividend yield of 2.1%. ATML has a PE ratio of 96. Currently there are 2 analysts that rate Atmel a buy, 1 analyst rates it a sell, and 9 rate it a hold. The average volume for Atmel has been 8.9 million shares per day over the past 30 days. Atmel has a market cap of $3.2 billion and is part of the technology sector...