Chips · Stock report · Entegris (NASDAQ: ENTG)
Entegris — ranks 21st of 86 chip stocks over a month and slips under its 200-day average
The Closelooknet read
Entegris (NASDAQ: ENTG) holds up better than most of its group, yet its trend is cooling. Over the past month it fell 13.4%, which ranks 21st of the 86 stocks in our chip section. Our money-flow reading (a gauge of net buying pressure) is 32.5, down 15.7 over 21 days, and its label is still positive but slowing. On Tuesday the stock closed at $138.57, under the average close of the last 200 sessions, $139.05. We watch whether it climbs back above $139.05 in the coming sessions, or stays below it.
Our composite score is 50 of 100.
Where Entegris stands among chip stocks
Its 13.4% one-month fall compares with these materials peers: Shin-Etsu Chemical (4063.T) fell 7.6%, Siltronic (WAF.DE) 28.7%, Resonac (4004.T) 31.2%, Murata Manufacturing (6981.T) 36.2%, Soitec (SOI.PA) 37.4%, Sumco (3436.T) 45.0% and GlobalWafers (6488.TW) 45.8%. Entegris is 24.7% below its 22 June closing high of $184.00; the peers sit between 27.5% and 64.0% below their own highs.
Our money-flow and quality readings
Our money-flow reading is 32.5 and has dropped 5.4 points over five days; its heat label, our gauge of how stretched the buying is, is neutral. On our scores Entegris rates 50 of 100 overall. Cash quality is the strongest at 74, followed by quality at 61, growth at 58 and balance sheet at 57. Momentum is 44, capital allocation 34 and valuation 26. The Piotroski score is a check of financial health, scored 6 of 9.
Price trend
Entegris closed at $138.57, down 1.1% on the day and 9.3% over five days. It is up 64.5% this year and 59.9% over twelve months. The close is 5.3% below its 50-day average of $146.32 and 0.3% below its 200-day average of $139.05, which marks a cross down. Its typical daily swing is about 4.5%.
Closelooknet is a research diary. Nothing here is investment advice or a recommendation to buy or sell.