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Stock Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

Mellanox Technologies, Ltd (NASDAQ:MLNX)

Long-Term Uptrend (+90) - MLNX is in a strong uptrend that is likely to continue. While MLNX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid MLNX?

MarketClub looks at technical strength and momentum to determine if the timing is right for MLNX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low MLNX Price Change
122.750 122.885 122.060 122.140 -0.620
Entry Signal

MarketClub’s Trade Triangles for MLNX

long term up The long-term trend has been UP since Nov 5th, 2019 at 114.2672

intermediate term up The intermediate-term trend has been UP since Dec 12th, 2019 at 115.3900

short term up The short-term trend has been UP since Feb 12th, 2020 at 120.2000

Smart Scan Analysis for MLNX

Based on our trend formula, MLNX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MLNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
122.750 122.885 122.060 122.140 -0.620
Prev. Close Volume Bid Ask Time
118.890 245681 2020-02-21 11:24:23
Year High99.14Year High Date2018-11-07
Year Low58.4Year Low Date2018-02-09
52wk High121.12552wk High Date2019-04-24
52wk Low79.2452wk Low Date2019-01-23
Year End Close59.38Average Volume518,506
Shares Outstanding55,500Short Interest7,552,018
% Institutional49.8Market Cap6,052M
P/E Ratio38.2Beta0.67
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