MLNX Makes Bullish Cross Above Critical Moving Average
In trading on Tuesday, shares of Mellanox Technologies, Ltd. (Symbol: MLNX) crossed above their 200 day moving average of $44.37, changing hands as high as $44.75 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:
Looking at the chart above, MLNX's low point in its 52 week range is $38.23 per share, with $55.80 as the 52 week high point - that compares with a last trade of $44.60.
MLNX makes up 1.58% of the Guru International Index ETF (Symbol: GURI)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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