• Return to Headlines

Xilinx Inc (XLNX) Breaks Through Resistance at $94.63

By David Diaz

Xilinx Inc (NASDAQ:XLNX) has opened bullishly above the pivot of $92.57 today and has reached the first level of resistance at $94.63. Analysts will be watching for a cross of the next upside pivot targets of $96.39 and $100.21.

In the past 52 weeks, shares of Xilinx Inc have traded between a low of $68.76 and a high of $141.60 and are now at $92.81, which is 35% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 2.1%.

Xilinx Inc (NASDAQ:XLNX) is currently priced 19.7% above its average consensus analyst price target of $74.50. The stock should run into initial resistance at its 50-day moving average (MA) of $101.66 and subsequent resistance at its 200-day MA of $111.37.

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: pivot alerts xilinx inc

Ticker(s): XLNX