(MRVL) Marvell Technology complete technical analysis [charts+indicators] | Buy/Sell Marvell Technology | (MRVL) share price targets
Complete technical analysis of Marvell Technology (MRVL) by charts plus indicators, forecast predictions and share price targets for Marvell Technology (MRVL)
Marvell Technology trades in USA in Technology sector.
Showing technical analysis as on 2024-05-28 View latest technical analysis
10 day averaged volume of Marvell Technology is 9846646
Date | Daily Closing Price | Open | High | Low | Volume |
28 Tue May 2024 | 78.33 | 77.00 | 78.44 | 76.09 | 1.26 times |
23 Thu May 2024 | 75.02 | 75.86 | 76.25 | 73.18 | 1.586 times |
22 Wed May 2024 | 73.68 | 73.87 | 74.16 | 72.76 | 0.781 times |
21 Tue May 2024 | 73.30 | 72.92 | 73.94 | 72.42 | 0.774 times |
20 Mon May 2024 | 74.47 | 72.35 | 74.78 | 71.68 | 1.057 times |
17 Fri May 2024 | 71.92 | 73.67 | 74.02 | 71.89 | 0.724 times |
16 Thu May 2024 | 73.08 | 70.79 | 74.55 | 70.77 | 1.725 times |
15 Wed May 2024 | 70.15 | 68.95 | 70.18 | 68.18 | 1.015 times |
14 Tue May 2024 | 68.02 | 68.45 | 69.00 | 66.97 | 0.941 times |
13 Mon May 2024 | 69.02 | 69.00 | 70.53 | 68.85 | 0.534 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 77.8, for a target of 73.6 or 70.17
Share price targets for Marvell Technology (MRVL)
Target Type | Value |
Downside Target | 55.63 |
Downside Target | 61.72 |
Downside Target | 63.34 |
Downside Target | 66.97 |
Downside Target | 69.97 |
Downside Target | 71.68 |
Downside Target | 74.55 |
Downside Target | 76.09 |
Downside Target | 76.25 |
Downside Target | 76.29 |
Upside Target | 78.44 |
Upside Target | 85.76 |
Intraday share price targets for Marvell Technology (MRVL)
Target Type | Value |
Downside Intraday Target | 76.8 |
Downside Intraday Target | 75.27 |
Upside Intraday Target | 79.15 |
Upside Intraday Target | 79.97 |
Downside Intraday Target | 77.62 |
Weekly technical analysis of Marvell Technology (MRVL)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Tue May 2024 | 78.33 | 77.00 | 78.44 | 76.09 | 0.3 times |
23 Thu May 2024 | 75.02 | 72.35 | 76.25 | 71.68 | 0.85 times |
17 Fri May 2024 | 71.92 | 69.00 | 74.55 | 66.97 | 1.152 times |
10 Fri May 2024 | 68.47 | 69.32 | 69.97 | 67.52 | 0.768 times |
03 Fri May 2024 | 68.51 | 69.56 | 70.09 | 63.34 | 1.057 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Marvell Technology (MRVL)
Date | Monthly Closing Price | Open | High | Low | Volume |
28 Tue May 2024 | 78.33 | 64.49 | 78.44 | 63.34 | 0.685 times |
30 Tue Apr 2024 | 65.91 | 71.49 | 76.29 | 61.72 | 0.693 times |
28 Thu Mar 2024 | 70.88 | 73.99 | 85.76 | 63.46 | 1.551 times |
29 Thu Feb 2024 | 71.66 | 68.20 | 72.86 | 63.53 | 0.827 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Marvell Technology (MRVL)
Price action analysis of Marvell Technology ( (MRVL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Marvell Technology stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Marvell Technology in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Marvell Technology Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Marvell Technology in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Marvell Technology is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 73.18 and Marvell Technology (MRVL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Marvell Technology (MRVL) stock. Volume based technical analysis of Marvell Technology (MRVL) stock is negative.
Marvell Technology Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Marvell Technology stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Marvell Technology in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Marvell Technology Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Marvell Technology in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Marvell Technology is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 73.18 and Marvell Technology (MRVL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Marvell Technology (MRVL) stock. Volume based technical analysis of Marvell Technology (MRVL) stock is negative.
Marvell Technology Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.