• Return to Headlines

Maxim Integrated Crosses Above its 10-day MA (MXIM)

By Shiri Gupta

Maxim Integrated (NASDAQ:MXIM) shares have crossed bullishly above their 10-day moving average of $53.87 on a volume of 130K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Maxim Integrated have traded between a low of $46.64 and a high of $74.94 and are now at $54.34, which is 17% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Maxim Integrated and will alert subscribers who have MXIM in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses maxim integrated

Ticker(s): MXIM