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38.6% Return Seen to Date on SmarTrend Xilinx Inc Call (XLNX)

By Shiri Gupta

SmarTrend identified an Uptrend for Xilinx Inc (NASDAQ:XLNX) on January 7th, 2019 at $88.54. In approximately 2 months, Xilinx Inc has returned 38.61% as of today's recent price of $122.72.

Over the past year, Xilinx Inc has traded in a range of $62.54 to $127.70 and is now at $122.72, 96% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 2.2%.

Xilinx, Inc. designs, develops, and markets complete programmable logic solutions. The Company's solutions include advanced integrated circuits, software design tools, predefined system functions delivered as cores of logic, and field engineering support. Xilinx sells its products through several channels of distribution to customers in the United States and overseas.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Xilinx Inc shares.

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

Keywords: spotlights xilinx inc

Ticker(s): XLNX