(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 2024-06-11 View latest technical analysis
10 day averaged volume of Marvell Technology is 13953310
Date | Daily Closing Price | Open | High | Low | Volume |
11 Tue Jun 2024 | 70.40 | 69.02 | 70.77 | 68.61 | 0.459 times |
10 Mon Jun 2024 | 69.47 | 67.07 | 69.86 | 67.03 | 0.659 times |
07 Fri Jun 2024 | 67.99 | 68.01 | 68.96 | 67.52 | 0.631 times |
06 Thu Jun 2024 | 68.10 | 69.48 | 69.90 | 67.86 | 0.618 times |
05 Wed Jun 2024 | 69.80 | 67.45 | 69.90 | 67.02 | 0.904 times |
04 Tue Jun 2024 | 66.38 | 67.69 | 67.77 | 66.10 | 1.047 times |
03 Mon Jun 2024 | 68.21 | 70.20 | 71.16 | 67.10 | 0.905 times |
31 Fri May 2024 | 68.81 | 76.29 | 76.47 | 67.06 | 2.659 times |
30 Thu May 2024 | 76.85 | 75.39 | 77.44 | 75.08 | 1.03 times |
29 Wed May 2024 | 75.78 | 76.91 | 77.39 | 75.70 | 0.66 times |
My analysis of stock is bearish for shortterm, and stock might move down till 68.1 or till 64.1. Use a stoploss of 71.44 and if the stock hits stoploss, then it can shoot up till 74.77
Share price targets for Marvell Technology (MRVL)
Target Type | Value |
Downside Target | 61.72 |
Downside Target | 63.34 |
Downside Target | 66.10 |
Upside Target | 70.77 |
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 | 68.03 |
Downside Intraday Target | 65.66 |
Upside Intraday Target | 71.77 |
Upside Intraday Target | 73.14 |
Downside Intraday Target | 69.4 |
Weekly technical analysis of Marvell Technology (MRVL)
Date | Weekly Closing Price | Open | High | Low | Volume |
11 Tue Jun 2024 | 70.40 | 67.07 | 70.77 | 67.03 | 0.272 times |
07 Fri Jun 2024 | 67.99 | 70.20 | 71.16 | 66.10 | 0.784 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 |
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 |
11 Tue Jun 2024 | 70.40 | 70.20 | 71.16 | 66.10 | 0.306 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Marvell Technology in short term and the sell 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 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 moving up
CCI has generated a buy signal for Marvell Technology in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 69.95 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Marvell Technology in short term and the sell 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 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 moving up
CCI has generated a buy signal for Marvell Technology in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 69.95 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 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.