Market update
What happened
Tower Semiconductor Ltd (TSEM) closed the latest weekly screen at $252.49, up 14.9% for the week and 13.4% over four weeks. The move put the semiconductor foundry among active weekly movers in Technology.
Participation strengthened, with 17.6 million shares traded versus a 13-week average near 10.2 million. The weekly price path over 52 weeks still shows a -7.8% twelve-week return, while Market Dynamics remained under pressure at -0.63 and Relative Strength was near neutral at 50.1.