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Marvell Technology Group Ltd. Breaks Above 200-Day Moving Average - Bullish for MRVL

By Market News Video Staff, Monday, October 10, 11:41 AM ET
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In trading on Monday, shares of Marvell Technology Group Ltd. (NASDAQ:MRVL) crossed above their 200 day moving average of $15.85, changing hands as high as $15.91 per share. Marvell Technology Group Ltd. shares are currently trading up about 2.6% 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 $11.23 per share, with $22.01 as the 52 week high point that compares with a last trade of $15.75.

According to the ETF Finder at ETF Channel, MRVL makes up 4.74% of the iShares PHLX SOX Semiconductor Sector Index Fund ETF (NASDAQ:SOXX) which is trading up by about 2.8% on the day Monday.

See what other ETFs contain MRVL
See what other stocks are held by SOXX

MRVL operates in the Semiconductors sector, among companies like Cree, Inc. (NASDAQ:CREE) which is down about 0.5% today, and LSI Corp (NASDAQ:LSI) trading up by about 3.7%. Below is a three month price history chart comparing the stock performance of MRVL, versus CREE and LSI.

MRVL,CREE,LSI Relative Performance Chart


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This Article's Word Cloud:   Average   Below   CREE   Channel   Definition   ETFs   Earnings   Finder   Fund   Group   Investment   MRVL   Marvell   Monday   Moving   Portfolio   Price   SOXX   Technology   Traded   What   about   above   allows   asset   average   cash   chart   completely   currently   designed   growth   high   moving   other   performance   point   portfolio   share   shares   short   slideshow   stocks   trading   versus   week   what   which   with   year
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Marvell Technology Group Ltd. Breaks Above 200-Day Moving Average - Bullish for MRVL | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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