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

By
A A A

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

BNK Invest

BNK Invest

More from BNK Invest:

Related Videos

Freshman Finance 101
Freshman Finance 101                
Spot the Dropout RRC
Spot the Dropout RRC                
Power on/Power Off
Power on/Power Off                  

Stocks

Referenced

Most Active by Volume

63,683,265
  • $16.34 ▼ 0.12%
57,325,180
  • $10.64 ▲ 1.33%
54,257,396
  • $112.76 ▼ 0.47%
40,860,148
  • $5.86 ▲ 1.38%
40,102,780
  • $28.54 ▲ 0.42%
36,273,767
  • $104.31 ▼ 1.24%
36,196,207
  • $13.87 ▲ 0.95%
35,675,931
  • $10.40 ▲ 0.97%
As of 8/31/2015, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com