Stock Message Boards
Dividend Channel
Market News Video Dividend Detective The Warren Buffetts Next Door Stock message boards
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

SOXX Crosses Below Key Moving Average Level
Friday, October 10, 11:16 AM ET, by Market News Video Staff

In trading on Friday, shares of the iShares PHLX Semiconductor ETF (SOXX) crossed below their ...

Relative Strength Alert For Avago Technologies
Friday, October 10, 11:43 AM ET, by Market News Video Staff

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...

NXP Semiconductors Becomes Oversold (NXPI)
Friday, October 10, 12:13 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

Marvell Technology Group is Now Oversold (MRVL)
Friday, October 10, 1:00 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

Applied Materials (AMAT) Shares Cross Below 200 DMA
Friday, October 10, 1:13 PM ET, by Market News Video Staff

In trading on Friday, shares of Applied Materials, Inc. (AMAT) crossed below their 200 day ...

  More articles:  1 2 3 4 5 6 7 next »

Top Ranked Dividend Stock MRVL Enters Oversold Territory

By Dividend Channel Staff, Friday, December 28, 11:34 AM ET
Play Video: Learn About The RSI


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics strong fundamentals and a valuation that looks inexpensive. Marvell Technology Group Ltd. (NASDAQ:MRVL) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

But making Marvell Technology Group Ltd. an even more interesting and timely stock to look at, is the fact that in trading on Friday, shares of MRVL entered into oversold territory, changing hands as low as $7.05 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In the case of Marvell Technology Group Ltd., the RSI reading has hit 29.8 by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 52.0. A falling stock price all else being equal creates a better opportunity for dividend investors to capture a higher yield. Indeed, MRVL's recent annualized dividend of 0.24/share (currently paid in quarterly installments) works out to an annual yield of 3.37% based upon the recent $7.14 share price.

A bullish investor could look at MRVL's 29.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on MRVL is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.


Special Offer: Manage the risks of the markets better with a free 30 day trial to the Strategic Risk Management System.

According to the ETF Finder at ETF Channel, MRVL makes up 2.80% of the iShares PHLX SOX Semiconductor Sector Index Fund ETF (NASDAQ:SOXX) which is trading higher by about 0.2% on the day Friday.

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


This Article's Word Cloud:   Channel   Definition   Dividend   ETFs   Friday   Fund   Group   Importance   Index   MRVL   Management   Marvell   Relative   SOXX   Strength   Technology   average   below   better   bullish   changing   coverage   currently   dividend   escape   fillColor   formula   higher   history   interesting   investors   judging   look   markets   most   other   oversold   price   reading   recent   share   stock   stocks   territory   that   trading   universe   what   which   yield

Top Ranked Dividend Stock MRVL Enters Oversold Territory | www.DividendChannel.com | Copyright © 2010 - 2014, All Rights Reserved

Nothing in Dividend Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Dividend Channel; Meet Our Editorial Staff.