One of today's notable stocks in decline is Maxwell Technologies (NASDAQ:MXWL), down 1.2% to $8.45. The Dow is down 0.3% to 13,498 and the S&P is currently trading fractionally lower to 1,470.
In the past 52 weeks, shares of Maxwell Technologies have traded between a low of $5.81 and a high of $21.49 and are now at $8.45, which is 45% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.7% while the 50-day MA has advanced 1.8%.
Maxwell Technologies (NASDAQ:MXWL) defies analysts with a current price ($8.45) 17.9% above its average consensus price target of $6.94. The stock should discover initial support at its 200-day moving average (MA) of $8.43 and subsequent support at its 50-day MA of $7.42.
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.