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Xilinx Inc Shares Down 22.5% Since SmarTrend's Sell Call (XLNX)

By Nick Russo

SmarTrend identified a Downtrend for Xilinx Inc (NASDAQ:XLNX) on July 31st, 2019 at $116.33. In approximately 4 months, Xilinx Inc has returned 22.51% as of today's recent price of $90.14.

Xilinx Inc share prices have moved between a 52-week high of $141.60 and a 52-week low of $79.22 and are now trading 14% above that low price at $90.14 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.6%.

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 changes in momentum for shares of Xilinx Inc.

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