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Xilinx Bullish Moving Average Crossover Alert (XLNX)

By Nick Russo

Today, shares of Xilinx (NASDAQ:XLNX) have crossed bullishly above their 10-day moving average of $45.61 on a volume of 267K 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 Xilinx have traded between a low of $38.70 and a high of $50.72 and are now at $45.96, which is 19% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.9%.

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

Keywords: moving crosses Xilinx

Ticker(s): XLNX