(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 2024-08-01 View latest technical analysis
10 day averaged volume of Marvell Technology is 10524362
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 63.06 | 65.55 | 66.90 | 62.14 | 1.348 times |
| 31 Wed Jul 2024 | 66.98 | 66.52 | 67.39 | 64.92 | 1.379 times |
| 30 Tue Jul 2024 | 62.80 | 64.88 | 65.47 | 62.29 | 1.009 times |
| 29 Mon Jul 2024 | 64.48 | 65.90 | 66.75 | 64.09 | 0.819 times |
| 26 Fri Jul 2024 | 65.72 | 65.91 | 66.30 | 64.67 | 0.82 times |
| 25 Thu Jul 2024 | 63.99 | 63.85 | 66.61 | 62.12 | 1.296 times |
| 24 Wed Jul 2024 | 64.35 | 67.05 | 67.85 | 64.25 | 1.021 times |
| 23 Tue Jul 2024 | 68.39 | 68.03 | 69.91 | 68.03 | 0.566 times |
| 22 Mon Jul 2024 | 69.01 | 68.13 | 69.16 | 66.34 | 1.012 times |
| 19 Fri Jul 2024 | 66.51 | 68.09 | 68.52 | 66.03 | 0.89 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 64.9, but if it comes above 64.9, then a intra day buy could be more profitable.
If you take a sell trade below 64.9, then use 64.9 as stoploss and 59.7 as target. However if you take a buy trade in stock , then use 64.9 as stoploss and 69.11 as target.
Share price targets for Marvell Technology (MRVL)
| Target Type | Value |
| Downside Target | 61.72 |
| Upside Target | 66.00 |
| Upside Target | 69.91 |
| Upside Target | 71.55 |
| Upside Target | 73.14 |
| Upside Target | 75.69 |
| Upside Target | 75.70 |
| Upside Target | 76.29 |
| Upside Target | 76.43 |
| Upside Target | 78.44 |
Intraday share price targets for Marvell Technology (MRVL)
| Target Type | Value |
| Downside Intraday Target | 61 |
| Downside Intraday Target | 58.95 |
| Upside Intraday Target | 66.25 |
| Upside Intraday Target | 69.45 |
| Upside Intraday Target | 64.2 |
Weekly technical analysis of Marvell Technology (MRVL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 63.06 | 65.90 | 67.39 | 62.14 | 0.966 times |
| 26 Fri Jul 2024 | 65.72 | 68.13 | 69.91 | 62.12 | 0.935 times |
| 19 Fri Jul 2024 | 66.51 | 73.88 | 75.69 | 66.00 | 1.021 times |
| 12 Fri Jul 2024 | 73.59 | 72.05 | 76.43 | 71.55 | 4.518 times |
| 05 Fri Jul 2024 | 72.08 | 70.98 | 73.14 | 70.98 | 0.532 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 |
| 01 Thu Aug 2024 | 63.06 | 65.55 | 66.90 | 62.14 | 0.064 times |
| 31 Wed Jul 2024 | 66.98 | 70.05 | 76.43 | 62.12 | 0.98 times |
| 28 Fri Jun 2024 | 69.90 | 70.20 | 75.70 | 66.10 | 0.949 times |
| 31 Fri May 2024 | 68.81 | 64.49 | 78.44 | 63.34 | 0.918 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Marvell Technology stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Marvell Technology in short term and the sell signal is strong.
Marvell Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 65.34 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 negative.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Marvell Technology stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Marvell Technology in short term and the sell signal is strong.
Marvell Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 65.34 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.