Infineon Technologies (OTCMKTS:IFNNF) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Infineon Technologies AG (OTCMKTS:IFNNFGet Free Report)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $40.15 and traded as high as $40.65. Infineon Technologies shares last traded at $40.65, with a volume of 1,135 shares traded.

Infineon Technologies Stock Performance

The stock’s 50-day moving average price is $40.22 and its 200-day moving average price is $40.49.

About Infineon Technologies

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Infineon Technologies AG is a Germany-based semiconductor manufacturer specializing in the design, development and production of a broad range of semiconductor and system solutions. Established in 1999 as a spin-off from Siemens AG, the company is headquartered in Neubiberg, Germany, and has built a global reputation for its expertise in power semiconductors, microcontrollers and security controllers.

The company’s core business activities are organized around three key segments: Automotive, Industrial Power Control and Power & Sensor Systems.

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