Bearish MACD for Marvell Technology Group Ltd. - Tale of the Tape

By Zacks.com,  September 20, 2012, 11:32:01 AM EDT

Marvell Technology Group Ltd. 's ( MRVL ) MACD indicator has moved into bearish territory with a reading of -0.2331. The Zacks #5 Rank ("Strong Sell") stock decreased more 0.94% to $9.99 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending January 2013 has decreased by a cent over the past week to 75 cents per share.

 


 
MARVELL TECH GP (MRVL): Free Stock Analysis Report
 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Investing Ideas, Stocks

Referenced Stocks: MRVL



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