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Maxwell Technologies Crosses Above its 10-day MA (MXWL)

By Amy Schwartz

Maxwell Technologies (NASDAQ:MXWL) shares have crossed bullishly above their 10-day moving average of $5.66 on a volume of 254K 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, Maxwell Technologies share prices have been bracketed by a low of $4.06 and a high of $21.49 and are now at $5.96, 47% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.4%.

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

Keywords: moving crosses maxwell technologies

Ticker(s): MXWL