Ixia (NASDAQ:XXIA) is one of today's notable stocks on the rise, up 1.6% to $13.49. The Dow Jones Industrial Average is now trading fractionally lower to 17,568 and the S&P is trading fractionally lower to 2,096.
Potential upside of 1.9% exists for Ixia, based on a current level of $13.49 and analysts' average consensus price target of $13.75. The stock should find initial support at its 50-day moving average (MA) of $12.68 and further support at its 200-day MA of $11.41.
In the past 52 weeks, shares of Ixia have traded between a low of $8.40 and a high of $13.51 and are now at $13.49, which is 61% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.2%.
Ixia provides high speed, multi-port network performance analysis systems. The Company's systems generate and analyze data traffic, including voice over Internet protocol traffic.