(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 2024-06-06 View latest technical analysis
10 day averaged volume of Marvell Technology is 14384330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 68.10 | 69.48 | 69.90 | 67.86 | 0.6 times |
| 05 Wed Jun 2024 | 69.80 | 67.45 | 69.90 | 67.02 | 0.877 times |
| 04 Tue Jun 2024 | 66.38 | 67.69 | 67.77 | 66.10 | 1.015 times |
| 03 Mon Jun 2024 | 68.21 | 70.20 | 71.16 | 67.10 | 0.878 times |
| 31 Fri May 2024 | 68.81 | 76.29 | 76.47 | 67.06 | 2.579 times |
| 30 Thu May 2024 | 76.85 | 75.39 | 77.44 | 75.08 | 0.999 times |
| 29 Wed May 2024 | 75.78 | 76.91 | 77.39 | 75.70 | 0.64 times |
| 28 Tue May 2024 | 78.33 | 77.00 | 78.44 | 76.09 | 0.863 times |
| 23 Thu May 2024 | 75.02 | 75.86 | 76.25 | 73.18 | 1.086 times |
| 22 Wed May 2024 | 73.68 | 73.87 | 74.16 | 72.76 | 0.535 times |
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 67.8 as stoploss in an intra day buy trade for a target of 71.26. However, stock will show a bearish move below 67.8.
Share price targets for Marvell Technology (MRVL)
| Target Type | Value |
| Downside Target | 61.72 |
| Downside Target | 63.34 |
| Downside Target | 66.10 |
| Upside Target | 69.97 |
| Upside Target | 71.68 |
| Upside Target | 72.86 |
| 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 | 65.75 |
| Downside Intraday Target | 63.39 |
| Upside Intraday Target | 70.81 |
| Upside Intraday Target | 73.51 |
| Upside Intraday Target | 68.45 |
Weekly technical analysis of Marvell Technology (MRVL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 68.10 | 70.20 | 71.16 | 66.10 | 0.663 times |
| 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 |
Price has moved down 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 |
| 06 Thu Jun 2024 | 68.10 | 70.20 | 71.16 | 66.10 | 0.203 times |
| 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 |
Scroll below to view daily charts
Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Marvell Technology stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Marvell Technology in short term but the sell signal is initial and weak.
Marvell Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 71.54 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Marvell Technology stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Marvell Technology in short term but the sell signal is initial and weak.
Marvell Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 71.54 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.