As markets remain shaky, technical analysis helps investors find good stock opportunities. Using TipRanks’ Technical Analysis Screener, we have identified three stocks: Lattice Semiconductor (LSCC), Applied Digital Corporation (APLD), and MKS Inc. (MKSI) that are currently flashing Strong Buy signals. These stocks are showing bullish momentum and present short- to mid-term upside potential, backed by Strong Buy ratings from Wall Street analysts.
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Notably, technical analysis studies a stock’s past price movements and trading volume to predict future trends. It uses tools like moving averages, RSI, and chart patterns to identify Buy or Sell signals. Within this context, TipRanks’ Technical Analysis tool simplifies this process by combining multiple indicators into one easy-to-understand dashboard for users. Let’s dive into the details.
Is LSCC Stock a Buy?
Lattice Semiconductor provides low-power programmable chips used in AI, security, and edge computing applications.
According to TipRanks’ technical analysis, the stock is currently in an upward trend. It holds a Strong Buy rating based on overall technical consensus. LSCC stock also holds a Strong Buy rating based on moving average consensus, supported by 12 bullish signals, indicating strong upward momentum.
Is APLD a Good Stock to Buy Now?
Applied Digital Corporation builds high-performance data centers and computing infrastructure designed for AI and cloud workloads.
According to TipRanks’ technical analysis, APLD stock holds a Strong Buy consensus on both overall technical consensus and moving average consensus. One key indicator, the Rate of Change (ROC), which tracks momentum by measuring the percentage change in price over a set period, currently stands at 25.82 for APLD stock. Since an ROC above zero suggests upward momentum, this signals a Buy for the stock.
Is MKS Stock a Good Buy?
MKS Inc. provides equipment and technology solutions used in semiconductor manufacturing and advanced electronics production.
From a technical analysis perspective, MKS is rated a Strong Buy on overall consensus as well as moving average consensus. Additionally, MKSI stock shows a positive ROC of 5.65, supporting a Buy signal and indicating strong upward momentum.