(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 2024-05-29 View latest technical analysis
10 day averaged volume of Marvell Technology is 10239316
Date | Daily Closing Price | Open | High | Low | Volume |
29 Wed May 2024 | 75.78 | 76.91 | 77.39 | 75.70 | 0.899 times |
28 Tue May 2024 | 78.33 | 77.00 | 78.44 | 76.09 | 1.212 times |
23 Thu May 2024 | 75.02 | 75.86 | 76.25 | 73.18 | 1.525 times |
22 Wed May 2024 | 73.68 | 73.87 | 74.16 | 72.76 | 0.751 times |
21 Tue May 2024 | 73.30 | 72.92 | 73.94 | 72.42 | 0.744 times |
20 Mon May 2024 | 74.47 | 72.35 | 74.78 | 71.68 | 1.017 times |
17 Fri May 2024 | 71.92 | 73.67 | 74.02 | 71.89 | 0.697 times |
16 Thu May 2024 | 73.08 | 70.79 | 74.55 | 70.77 | 1.659 times |
15 Wed May 2024 | 70.15 | 68.95 | 70.18 | 68.18 | 0.976 times |
14 Tue May 2024 | 68.02 | 68.45 | 69.00 | 66.97 | 0.905 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 74.2, but if it comes below 74.2, then a intra day sell could be more profitable.
If you take a sell trade below 74.2, then use 74.2 as stoploss and 70.52 as target. However if you take a buy trade in stock , then use 74.2 as stoploss and 78.5 as target.
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 | 75.70 |
Upside Target | 76.25 |
Upside 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 | 74.84 |
Downside Intraday Target | 73.9 |
Upside Intraday Target | 77.58 |
Upside Intraday Target | 79.38 |
Upside Intraday Target | 76.64 |
Weekly technical analysis of Marvell Technology (MRVL)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Wed May 2024 | 75.78 | 77.00 | 78.44 | 75.70 | 0.523 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 |
29 Wed May 2024 | 75.78 | 64.49 | 78.44 | 63.34 | 0.72 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 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.
ADX buy sell signal for Marvell Technology stock for short term is BUY. Signal strength is Strong and stock is losing 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Marvell Technology in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Marvell Technology is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 73.61 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 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.
ADX buy sell signal for Marvell Technology stock for short term is BUY. Signal strength is Strong and stock is losing 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Marvell Technology in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Marvell Technology is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 73.61 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.