Chips · Stock report · Aixtron (XETRA: AIXA.DE)
Aixtron — ranks 78th of 86 chip stocks over a month as its 200-day line gives way
The Closelooknet read
Aixtron (XETRA: AIXA.DE) is lagging its own group. Over the past month it ranks 78th of the 86 stocks in our chip section, and our money-flow reading (a gauge of net buying pressure) fell 46.5 points over 21 days to 71.5, still positive but slowing. Our composite score is 47. Aixtron closed at EUR 36.50, falling below the average close of the last 200 sessions of EUR 37.66 today. What we watch: whether it can close back above EUR 37.66, or whether it stays under it.
Where Aixtron stands among chip equipment peers
Aixtron fell 3.6% over the month, while every peer we list rose: INFICON (IFCN.SW) 15.1%, Kokusai Electric (6525.T) 18.3%, Tokyo Electron (8035.T) 14.3%, VAT Group (VACN.SW) 9.1%, Applied Materials (AMAT) 8.7%, ASM International (ASM.AS) 7.2%, Comet Group (COTN.SW) 1.7% and Lam Research (LRCX) 1.5%. Aixtron sits 39.6% below its 22 June closing high of EUR 60.42. VAT Group is 5.0% and INFICON 3.6% below new 52-week highs set in early October.
Our money-flow and quality readings
Our money-flow reading is 71.5, labelled warm, and fell 9.2 points over five days. Of our scores, balance sheet is strongest at 92, followed by cash quality at 70 and quality at 52. Valuation (35), capital allocation (36), momentum (29) and growth (23) sit below the composite of 47. The Piotroski score, a check of financial health, is scored 5 of 8.
Price trend
Aixtron fell 4.1% on the day and 14.3% over three months, yet is up 110.9% this year. Its 50-day average is EUR 37.42, so the close sits 2.5% below it and 3.1% below the 200-day. The 50-day crossed below the 200-day in early October, a death cross, the classic trend-turn-lower signal. Its typical daily swing is about 3.7%.
Closelooknet is a research diary. Nothing here is investment advice or a recommendation to buy or sell.