Mellanox Technologies (MLNX) Shares Cross Above 200 DMA

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In trading on Wednesday, shares of Mellanox Technologies, Ltd. (Symbol: MLNX) crossed above their 200 day moving average of $39.55, changing hands as high as $39.69 per share. Mellanox Technologies, Ltd. shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of MLNX shares, versus its 200 day moving average: Mellanox Technologies, Ltd. 200 Day Moving Average Chart

Looking at the chart above, MLNX's low point in its 52 week range is $32.35 per share, with $62.57 as the 52 week high point - that compares with a last trade of $39.51.

According to the ETF Finder at ETF Channel, MLNX makes up 1.14% of the Israel ETF (Symbol: ISRA) which is trading lower by about 0.5% on the day Wednesday.

Click here to find out which 9 other stocks recently crossed above their 200 day moving average »




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas

Referenced Stocks: MLNX , ISRA

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