Marvell Technology Inc (MRVL) Increases by 1.96%

Marvell Technology Inc. (MRVL) Beats Market Sentiment with Bullish Technical Score and Ranking in the Semiconductors Industry

Marvell Technology Inc (MRVL) experienced an increase of 1.96% during pre-market trading on Wednesday morning, bringing its stock price to 69.6. The short-term technical score for MRVL is 67, indicating that the stock has been trading more bullishly than 67% of other stocks in the market over the past month. In the Semiconductors industry, ranked 85 out of 146 industries, MRVL is ranked higher than 74% of stocks.

Over the past month, Marvell Technology Inc has experienced a 1.01% increase and closed at $67.54 on February 28th. The stock’s price range during this time period was from $65.06 to $85.76. Analysts have given MRVL an average recommendation of Strong Buy, with an average price target of $87.78.

With an Overall Score of 50, Marvell Technology Inc’s performance and ranking can be better understood by looking at its short-term technical score and position within the Semiconductors industry compared to other stocks in the market over the past month and year respectively. To learn more about Marvell Technology Inc and its rankings, further information is available on its website or through financial news sources such as Yahoo Finance or Google Finance

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