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Maxim Integrated Bullish Moving Average Crossover Alert (MXIM)

By James Quinn

Today, shares of Maxim Integrated (NASDAQ:MXIM) have advanced above their 10-day MA of $53.43 on a volume of 572K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Maxim Integrated share prices have moved between a 52-week high of $74.94 and a 52-week low of $46.64 and are now trading 16% above that low price at $54.00 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has slid 0.2%.

SmarTrend is monitoring the recent change of momentum in Maxim Integrated. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Maxim Integrated in search of a potential trend change.

Keywords: moving crosses maxim integrated

Ticker(s): MXIM