Bearish MACD for Marvell Technology Group Ltd.

Zacks

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 TECHNOLOGY GROUP (MRVL): Free Stock Analysis Report

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