(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 2024-08-05 View latest technical analysis
10 day averaged volume of Marvell Technology is 11773520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 57.67 | 53.43 | 58.82 | 53.19 | 1.191 times |
| 02 Fri Aug 2024 | 59.25 | 60.56 | 60.82 | 57.98 | 1.714 times |
| 01 Thu Aug 2024 | 63.06 | 65.55 | 66.90 | 62.14 | 1.205 times |
| 31 Wed Jul 2024 | 66.98 | 66.52 | 67.39 | 64.92 | 1.232 times |
| 30 Tue Jul 2024 | 62.80 | 64.88 | 65.47 | 62.29 | 0.902 times |
| 29 Mon Jul 2024 | 64.48 | 65.90 | 66.75 | 64.09 | 0.732 times |
| 26 Fri Jul 2024 | 65.72 | 65.91 | 66.30 | 64.67 | 0.733 times |
| 25 Thu Jul 2024 | 63.99 | 63.85 | 66.61 | 62.12 | 1.158 times |
| 24 Wed Jul 2024 | 64.35 | 67.05 | 67.85 | 64.25 | 0.912 times |
| 23 Tue Jul 2024 | 68.39 | 68.03 | 69.91 | 68.03 | 0.506 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 56.6, for a target of 62.6 or 67.6
Share price targets for Marvell Technology (MRVL)
| Target Type | Value |
| Downside Target | 53.19 |
| Upside Target | 57.98 |
| Upside Target | 61.72 |
| Upside Target | 66.00 |
| Upside Target | 69.91 |
| Upside Target | 71.55 |
| 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 | 54.3 |
| Downside Intraday Target | 50.93 |
| Upside Intraday Target | 59.93 |
| Upside Intraday Target | 62.19 |
| Downside Intraday Target | 56.56 |
Weekly technical analysis of Marvell Technology (MRVL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 57.67 | 53.43 | 58.82 | 53.19 | 0.206 times |
| 02 Fri Aug 2024 | 59.25 | 65.90 | 67.39 | 57.98 | 1.373 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 |
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 |
| 05 Mon Aug 2024 | 57.67 | 65.55 | 66.90 | 53.19 | 0.218 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 63.02 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 63.02 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.