• Sun. Jun 23rd, 2024

Marvell Technology Inc’s 1.96% Stock Increase in Pre-Market Trading: Analyzing its Technical Score and Industry Rankings

BySamantha Johnson

Mar 27, 2024
Marvell Technology Inc (MRVL) Increases by 1.96%

Marvell Technology Inc (MRVL) saw a 1.96% increase in its stock during pre-market trading on Wednesday morning, bringing the 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, which is 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, closing at $67.54 on February 28. The stock’s price during this time period has ranged from $65.06 to $85.76. Analysts have given MRVL an average recommendation of Strong Buy, with an average price target of $87.78.

To learn more about Marvell Technology Inc and its rankings, further information is available.

By Samantha Johnson

As a dedicated content writer at newsanguinely.com, I weave words into compelling stories that captivate and inform our readers. With a passion for storytelling and a keen eye for detail, I craft engaging articles that shed light on the latest news and trends. When I'm not typing away at my keyboard, you can find me exploring new ideas, researching diverse topics, and striving to deliver content that resonates with our audience. Join me on this journey as we uncover the stories that matter most.

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