One of the viewer favorites of CNBC is the Lightning Round segment of the Mad Money program. Callers get the opportunity to ask host Jim Cramer about stocks they are interested in. One caller Thursday night asked about Axcelis Technologies Inc. (ACLS) : "I like this stock," replied Cramer. The company engages in the design, manufacture and servicing of capital equipment for the semiconductor manufacturing industry. Let's check out the charts and indicators.
The daily On-Balance-Volume (OBV) line peaked in late June, and its sideways-to-lower movement suggests that buyers and sellers of ACLS are in balance with a slight nod in favor of sellers. The Moving Average Convergence Divergence (MACD) oscillator is crossing below the zero line now for an outright sell signal.