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MLNX Crosses Below Key Moving Average Level

By Market News Video Staff, Friday, August 19, 4:26 PM ET
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In trading on Friday, shares of Mellanox Technologies, Ltd. (NASDAQ:MLNX) crossed below their 200 day moving average of $27.66, changing hands as low as $27.05 per share. Mellanox Technologies, Ltd. shares are currently trading off about 2.2% 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 $14.60 per share, with $35.60 as the 52 week high point that compares with a last trade of $27.54.

MLNX operates in the Semiconductors sector, among companies like ASML Holding NV (NASDAQ:ASML) which is up about 1.4% today, and Applied Materials, Inc. (NASDAQ:AMAT) trading lower by about 0.1%. Below is a three month price history chart comparing the stock performance of MLNX, versus ASML and AMAT.

MLNX,ASML,AMAT Relative Performance Chart


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This Article's Word Cloud:   AMAT   ASML   Average   Below   Call   Definition   ETFs   Earnings   Free   Friday   Holding   MLNX   Mellanox   Moving   Portfolio   Price   Short   Technologies   Traded   about   among   asset   average   below   cash   chart   companies   currently   designed   growth   hands   history   lower   moving   operates   performance   point   portfolio   range   share   shares   slideshow   stocks   terms   there   trading   versus   week   with   year
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