• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 492134 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1414694832 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1414694832 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Watch for Shares of Xilinx (XLNX) to Approach Resistance at $38.35

Published on Fri, 05/03/2013 - 09:46
By Adrienne Chilton

Xilinx (NASDAQ:XLNX) has opened bullishly above the pivot of $37.91 today and has reached the first level of resistance at $38.19. Should the shares continue to rise, the resistance pivots of $38.35 and $38.79 will be of interest.

In the past 52 weeks, Xilinx share prices have been bracketed by a low of $30.25 and a high of $39.43 and are now at $38.22, 26% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.4%.

Xilinx, Inc. designs, develops, and markets complete programmable logic solutions. The Company's solutions include advanced integrated circuits, software design tools, predefined system functions delivered as cores of logic, and field engineering support. Xilinx sells its products through several channels of distribution to customers in the United States and overseas.

Potential upside of 0.9% exists for Xilinx, based on a current level of $38.22 and analysts' average consensus price target of $38.56. The stock should find initial support at its 50-day moving average (MA) of $37.38 and further support at its 200-day MA of $35.23.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Sellers Reduce Exposure to Shares of Die...

Shares of Diebold are trading today in above average volume, with the share price falli ...

Shares of Greenhill Are Moving Lower on ...

Shares of Greenhill are trading today in above average volume, with the share price fal ...

Volume Spike Detected in Shares of Hornb...

Shares of Hornbeck Offshore Services are trading today in above average volume, with th ...

Volume Spike Detected in Shares of Ameri...

Shares of American Railcar Industries are trading today in above average volume, with t ...

Equinix's Shares Changing Hands at Highe...

Shares of Equinix are trading today in above average volume, with the share price risin ...

Shares of Holly Energy Partners Receive ...

Holly Energy Partners (NYSE:HEP), a company whose shares are moving quickly, is trading ...

K12's Shares Changing Hands at Lower Pri...

K12's stock is down 12.2% to $13.30 on heavy trading volume. Approximately 584,000 sha ...

Stock Investors Sell Off Shares of Cree,...

Down 1.8% to $31.28, Cree (NASDAQ:CREE), is one of today's notable movers. The S&P is ...