MLNX Crosses Above Key Moving Average Level


In trading on Tuesday, shares of Mellanox Technologies, Ltd. (Symbol: MLNX) crossed above their 200 day moving average of $40.80, changing hands as high as $41.32 per share. Mellanox Technologies, Ltd. shares are currently trading up about 4.6% 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 $63.09 as the 52 week high point - that compares with a last trade of $40.81.

According to the ETF Finder at ETF Channel, MLNX makes up 1.15% of the Israel ETF (Symbol: ISRA) which is trading up by about 0.9% on the day Tuesday.

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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