(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 2024-05-31 View latest technical analysis
10 day averaged volume of Marvell Technology is 11143426
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 68.81 | 76.29 | 76.47 | 67.06 | 3.329 times |
| 30 Thu May 2024 | 76.85 | 75.39 | 77.44 | 75.08 | 1.289 times |
| 29 Wed May 2024 | 75.78 | 76.91 | 77.39 | 75.70 | 0.826 times |
| 28 Tue May 2024 | 78.33 | 77.00 | 78.44 | 76.09 | 1.114 times |
| 23 Thu May 2024 | 75.02 | 75.86 | 76.25 | 73.18 | 1.402 times |
| 22 Wed May 2024 | 73.68 | 73.87 | 74.16 | 72.76 | 0.69 times |
| 21 Tue May 2024 | 73.30 | 72.92 | 73.94 | 72.42 | 0.684 times |
| 20 Mon May 2024 | 74.47 | 72.35 | 74.78 | 71.68 | 0.934 times |
| 17 Fri May 2024 | 71.92 | 73.67 | 74.02 | 71.89 | 0.64 times |
| 16 Thu May 2024 | 73.08 | 70.79 | 74.55 | 70.77 | 1.525 times |
Stock of Marvell Technology (MRVL) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 67.9 as stoploss in an intra day buy trade for a target of 71.32. However, stock will show a bearish move below 67.9.
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 |
| Upside Target | 69.97 |
| Upside Target | 71.68 |
| Upside Target | 73.53 |
| Upside Target | 74.55 |
| 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 | 64.43 |
| Downside Intraday Target | 60.06 |
| Upside Intraday Target | 75.81 |
| Upside Intraday Target | 82.82 |
| Upside Intraday Target | 71.44 |
Weekly technical analysis of Marvell Technology (MRVL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 68.81 | 77.00 | 78.44 | 67.06 | 1.768 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Marvell Technology (MRVL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 68.81 | 64.49 | 78.44 | 63.34 | 0.918 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. 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.
Marvell Technology Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Marvell Technology in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 73.29 and Marvell Technology (MRVL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. 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.
Marvell Technology Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Marvell Technology in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 73.29 and Marvell Technology (MRVL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.