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.
MarketClub’s Trade Triangles for MLNX
The long-term trend has been UP since Nov 5th, 2019 at 114.2672
The intermediate-term trend has been UP since Dec 12th, 2019 at 115.3900
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).
|Year High||99.14||Year High Date||2018-11-07|
|Year Low||58.4||Year Low Date||2018-02-09|
|52wk High||121.125||52wk High Date||2019-04-24|
|52wk Low||79.24||52wk Low Date||2019-01-23|
|Year End Close||59.38||Average Volume||518,506|
|Shares Outstanding||55,500||Short Interest||7,552,018|
|% Institutional||49.8||Market Cap||6,052M|