Maxim Integrated Products Breaks Above 200-Day Moving Average - Bullish for MXIM

In trading on Friday, shares of Maxim Integrated Products, Inc. ( MXIM) crossed above their 200 day moving average of $29.09, changing hands as high as $30.20 per share. Maxim Integrated Products, Inc. shares are currently trading up about 2% on the day. The chart below shows the one year performance of MXIM shares, versus its 200 day moving average:

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Maxim Integrated Products, Inc. 200 Day Moving Average Chart

Looking at the chart above, MXIM's low point in its 52 week range is $26.49 per share, with $33.67 as the 52 week high point — that compares with a last trade of $29.47.

According to the ETF Finder at ETF Channel, MXIM makes up 2.53% of the First Trust NASDAQ-100-Technology Sector Index Fund ETF ( QTEC) which is trading lower by about 1.4% on the day Friday.

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