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 = 449062 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Xilinx's Shares Changing Hands at Lower Prices on 1.6x Above-Average Volume (XLNX)

Published on Tue, 02/26/2013 - 14:13
By Robert Cotter

Xilinx's stock is down 2.0% to $36.54 on heavy trading volume. Today's volume of 5.1 million shares tops the average 30-day volume of 3.1 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

Potential upside of 4.3% exists for Xilinx, based on a current level of $36.54 and analysts' average consensus price target of $38.10. The stock should find resistance at its 50-day moving average (MA) of $36.64, as well as support at its 200-day MA of $34.06.

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.

Xilinx share prices have moved between a 52-week high of $39.43 and a 52-week low of $30.25 and are now trading 21% above that low price at $36.54 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Shares of Walter Energy Fall to a New 52...

Shares of Walter Energy (NYSE:WLT) traded today at $2.01, breaking its 52-week low. So ...

Shares of Westamerica Bancorporation Fal...

Shares of Westamerica Bancorporation (NASDAQ:WABC) traded today at $46.39, breaking its ...

Shares of Vertex Pharmaceuticals Have Ri...

Vertex Pharmaceuticals (NASDAQ:VRTX) traded at a new 52-week high today of $116.88. So ...

Shares of Volcano Fall Below Previous 52...

Volcano (NASDAQ:VOLC) traded at a new 52-week low today of $10.70. Approximately 872,0 ...

Meridian Bioscience: New 52-Week Low Set...

Meridian Bioscience (NASDAQ:VIVO) traded today at a new 52-week low of $17.60. This ne ...

Vimpel-Communications: New 52-Week Low S...

Vimpel-Communications (NYSE:VIP) traded today at a new 52-week low of $7.27. So far to ...

Shares of Vale Fall to a New 52-Week Low...

Vale (NASDAQ:VALE) traded today at a new 52-week low of $10.75. So far today approxima ...

Titan International: The Losing Streak C...

Titan International (NYSE:TWI) traded at a new 52-week low today of $12.58. So far tod ...