New York, NY -- (ReleaseWire) -- 01/25/2013 -- Applied Materials Inc. (NASDAQ: AMAT) is trading in the range of $12.74 and $12.98 during its latest trading session. The stock had opened at $12.76 and is currently at $12.90, up 2.34 percent from its previous close of $12.60. Applied Materials recorded the volume of 11.181 million shares. Its average daily trading volume stands at 12.901 million shares. Applied Materials is currently going through bullish phase and may touch $13.02 in coming trading session. Its first support level is at $12.66.
Applied Materials develops software and services to semiconductor and solar PV industry. The company is based out of California.
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Ericsson (NASDAQ: ERIC) shows neutral trend as the stock made an up movement in its latest trading session. It opened the session at $10.74 and remained in $10.65 and $10.79 price range during the session. The stock is currently 1.28 percent higher at $10.70. Ericsson’s first support level is at $10.48. Upon breaching this level, the stock may go as low as $10.20. On the upside, its first resistance level is at $10.92.
Ericsson deals in communication equipments and professional service to network operators. The company was earlier known as LM Ericsson Telephone Company and it changed its name in 2012.
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