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0.1% Return Seen to Date on SmarTrend Maxlinear Call (MXL)

By David Diaz

SmarTrend identified a Downtrend for Maxlinear (NYSE:MXL) on October 25th, 2019 at $19.94. In approximately 4 weeks, Maxlinear has returned 0.10% as of today's recent price of $19.92.

In the past 52 weeks, shares of Maxlinear have traded between a low of $15.93 and a high of $28.70 and are now at $19.87, which is 25% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.4%.

MaxLinear, Inc. provides integrated, radio-frequency analog, and mixed-signal semiconductor solutions for broadband communications applications. The Company's products enable the display of broadband video in a wide range of electronic devices, including cable and terrestrial set top boxes, digital televisions, mobile handsets, personal computers, and netbooks.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Maxlinear.

Log in and add Maxlinear (MXL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights maxlinear

Ticker(s): MXL