Marvell Technology Group Breaks Below 200-Day Moving Average - Notable for MRVL

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In trading on Wednesday, shares of Marvell Technology Group Ltd. (Symbol: MRVL) crossed below their 200 day moving average of $14.34, changing hands as low as $14.17 per share. Marvell Technology Group Ltd. shares are currently trading off about 0.2% on the day. The chart below shows the one year performance of MRVL shares, versus its 200 day moving average: Marvell Technology Group Ltd. 200 Day Moving Average Chart

Looking at the chart above, MRVL's low point in its 52 week range is $10.82 per share, with $16.65 as the 52 week high point - that compares with a last trade of $14.35.

According to the ETF Finder at ETF Channel, MRVL makes up 2.41% of the PowerShares Dynamic Semiconductors Portfolio ETF (Symbol: PSI) which is trading lower by about 0.8% on the day Wednesday.

Click here to find out which 9 other stocks recently crossed below their 200 day moving average »




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

Referenced Stocks: MRVL , PSI

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As of 5/1/2015, 04:15 PM


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