One of today's notable stocks on the rise is Maxwell Technologies (NASDAQ:MXWL), up 3.7% to $9.64. The Dow Jones Industrial Average is now trading fractionally lower to 13,895 and the S&P is trading fractionally lower to 1,501.
Maxwell Technologies (NASDAQ:MXWL) is currently priced 28.0% above its average consensus analyst price target of $6.94. The stock should discover initial support at its 200-day moving average (MA) of $8.01 and subsequent support at its 50-day MA of $7.92.
Over the past year, Maxwell Technologies has traded in a range of $5.81 to $21.49 and is now at $9.64, 66% above that low. The 200-day and 50-day moving averages have moved 1.37% lower and 2.30% higher over the past week, respectively.
Maxwell Technologies, Inc. develops, manufactures and markets products and services for purification and information technologies and power-conversion systems and components. The Company's solutions are used in food processing and packaging, health care, and OEM PC manufacturing, as well as for federal and local government applications.