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Maxim Integrated Products Bullish Moving Average Crossover Alert (MXIM)

By Shiri Gupta

Maxim Integrated Products (NASDAQ:MXIM) shares have crossed bullishly above their 10-day moving average of $39.60 on a volume of 156K 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 Products share prices have moved between a 52-week high of $42.37 and a 52-week low of $20.62 and are now trading 93% above that low price at $39.70 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%.

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

Keywords: moving crosses maxim integrated products

Ticker(s): MXIM