(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 2024-08-08 View latest technical analysis
10 day averaged volume of Marvell Technology is 12686660
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 61.16 | 58.30 | 61.23 | 57.30 | 1.028 times |
| 07 Wed Aug 2024 | 56.15 | 60.35 | 61.52 | 56.03 | 0.895 times |
| 06 Tue Aug 2024 | 58.22 | 58.96 | 59.93 | 56.88 | 0.875 times |
| 05 Mon Aug 2024 | 57.67 | 53.43 | 58.82 | 53.19 | 1.106 times |
| 02 Fri Aug 2024 | 59.25 | 60.56 | 60.82 | 57.98 | 1.591 times |
| 01 Thu Aug 2024 | 63.06 | 65.55 | 66.90 | 62.14 | 1.118 times |
| 31 Wed Jul 2024 | 66.98 | 66.52 | 67.39 | 64.92 | 1.144 times |
| 30 Tue Jul 2024 | 62.80 | 64.88 | 65.47 | 62.29 | 0.837 times |
| 29 Mon Jul 2024 | 64.48 | 65.90 | 66.75 | 64.09 | 0.68 times |
| 26 Fri Jul 2024 | 65.72 | 65.91 | 66.30 | 64.67 | 0.68 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 60.1 as stoploss in an intra day buy trade for a target of 65.33. However, stock will show a bearish move below 60.1.
Share price targets for Marvell Technology (MRVL)
| Target Type | Value |
| Downside Target | 53.19 |
| Downside Target | 57.98 |
| Upside Target | 61.52 |
| 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 | 55.73 |
| Downside Intraday Target | 50.29 |
| Upside Intraday Target | 64.06 |
| Upside Intraday Target | 66.95 |
| Downside Intraday Target | 58.62 |
Weekly technical analysis of Marvell Technology (MRVL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 61.16 | 53.43 | 61.52 | 53.19 | 0.727 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 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 |
| 08 Thu Aug 2024 | 61.16 | 65.55 | 66.90 | 53.19 | 0.379 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 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 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 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 losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 but selling is losing 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 61.32 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 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 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 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 losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 but selling is losing 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 61.32 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.