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Xilinx Inc Crosses Above its 10-day MA (XLNX)

By David Diaz

Today, shares of Xilinx Inc (NASDAQ:XLNX) have advanced above their 10-day MA of $95.12 on a volume of 252K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Xilinx Inc share prices have moved between a 52-week high of $141.60 and a 52-week low of $68.76 and are now trading 39% above that low price at $95.72 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.7% while the 200-day MA has remained constant.

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

Keywords: moving crosses xilinx inc

Ticker(s): XLNX