Xilinx XLNX Investment Analysis

August 17, 2021, 19:15 pm ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

With an objective approach to Xilinx (NASDAQ: XLNX), Stock Traders Daily attempts to go with the flow of the market by utilizing a combination of market analysis and stock analysis.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for XLNX change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if XLNX is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for XLNX too.  All of these are offered below the Summary Table.

Longer Term Trading Plans for XLNX

• Buy XLNX slightly over 138.12 target 155.98 stop loss @ 137.72 Details

The technical summary data tells us to buy XLNX near 138.12 with an upside target of 155.98. This data also tells us to set a stop loss @ 137.72 to protect against excessive loss in case the stock begins to move against the trade. 138.12 is the first level of support below 142.64 , and by rule, any test of support is a buy signal. In this case, support 138.12 is being tested, a buy signal would exist.

• Short XLNX under 155.98, target 138.12, stop loss @ 156.43 Details

The technical summary data is suggesting a short of XLNX as it gets near 155.98 with a downside target of 138.12. We should have a stop loss in place at 156.43though. 155.98 is the first level of resistance above 142.64, and by rule, any test of resistance is a short signal. In this case, if resistance 155.98 is being tested, a short signal would exist.

Swing Trading Plans for XLNX

• Buy XLNX slightly over 146.87, target 155.98, Stop Loss @ 146.45 Details

If 146.87 begins to break higher, the technical summary data tells us to buy XLNX just slightly over 146.87, with an upside target of 155.98. The data also tells us to set a stop loss @ 146.45 in case the stock turns against the trade. 146.87 is the first level of resistance above 142.64, and by rule, any break above resistance is a buy signal. In this case, 146.87, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short XLNX near 146.87, target 140.97, Stop Loss @ 147.29. Details

The technical summary data is suggesting a short of XLNX if it tests 146.87 with a downside target of 140.97. We should have a stop loss in place at 147.29 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 146.87, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for XLNX

• Buy XLNX slightly over 146.87, target 155.98, Stop Loss @ 146.53 Details

If 146.87 begins to break higher, the technical summary data tells us to buy XLNX just slightly over 146.87, with an upside target of 155.98. The data also tells us to set a stop loss @ 146.53 in case the stock turns against the trade. 146.87 is the first level of resistance above 142.64, and by rule, any break above resistance is a buy signal. In this case, 146.87, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short XLNX near 146.87, target 142.28, Stop Loss @ 147.21. Details

The technical summary data is suggesting a short of XLNX if it tests 146.87 with a downside target of 142.28. We should have a stop loss in place at 147.21 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 146.87, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

XLNX Ratings for August 17:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	121.66
P2	139.58	140.97	138.12
P3	142.28	146.87	155.98

Support and Resistance Plot Chart for XLNX

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