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Actionable news in MXL: MAXLINEAR Inc,

MaxLinear Inc A (MXL) Is Strong On High Volume Today

Trade-Ideas LLC identified MaxLinear Inc A ( MXL) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified MaxLinear Inc A as such a stock due to the following factors:

  • MXL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $16.6 million.
  • MXL has traded 662,231 shares today.
  • MXL is trading at 6.16 times the normal volume for the stock at this time of day.
  • MXL is trading at a new high 12.05% above yesterday's close.

'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in MXL with the Ticky from Trade-Ideas. See the FREE profile for MXL NOW at Trade-Ideas...