(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 2024-08-22 View latest technical analysis
10 day averaged volume of Marvell Technology is 9966613
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 68.66 | 71.50 | 71.78 | 68.39 | 0.974 times |
| 21 Wed Aug 2024 | 71.34 | 70.30 | 71.50 | 69.49 | 0.936 times |
| 20 Tue Aug 2024 | 69.41 | 70.00 | 71.01 | 68.86 | 1.034 times |
| 19 Mon Aug 2024 | 69.08 | 68.92 | 69.22 | 67.57 | 0.272 times |
| 16 Fri Aug 2024 | 69.32 | 68.12 | 70.35 | 68.02 | 1.161 times |
| 15 Thu Aug 2024 | 69.33 | 66.77 | 69.80 | 65.95 | 1.715 times |
| 14 Wed Aug 2024 | 63.79 | 64.35 | 65.05 | 62.89 | 0.773 times |
| 13 Tue Aug 2024 | 64.05 | 62.00 | 64.58 | 60.74 | 1.189 times |
| 12 Mon Aug 2024 | 60.51 | 60.94 | 61.62 | 59.96 | 0.836 times |
| 09 Fri Aug 2024 | 60.56 | 60.64 | 61.36 | 59.73 | 0.775 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 68.5, but if it comes below 68.5, then a intra day sell could be more profitable.
If you take a sell trade below 68.5, then use 68.5 as stoploss and 64.08 as target. However if you take a buy trade in stock , then use 68.5 as stoploss and 73.8 as target.
Share price targets for Marvell Technology (MRVL)
| Target Type | Value |
| Downside Target | 53.19 |
| Downside Target | 57.98 |
| Downside Target | 59.96 |
| Downside Target | 61.52 |
| Downside Target | 66.10 |
| Upside Target | 69.91 |
| Upside Target | 70.35 |
| Upside Target | 71.78 |
| 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 | 66.89 |
| Downside Intraday Target | 65.13 |
| Upside Intraday Target | 71.1 |
| Upside Intraday Target | 73.55 |
| Upside Intraday Target | 69.34 |
Weekly technical analysis of Marvell Technology (MRVL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 68.66 | 68.92 | 71.78 | 67.57 | 0.567 times |
| 16 Fri Aug 2024 | 69.32 | 60.94 | 70.35 | 59.96 | 0.988 times |
| 09 Fri Aug 2024 | 60.56 | 53.43 | 61.52 | 53.19 | 0.84 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 |
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 |
| 22 Thu Aug 2024 | 68.66 | 65.55 | 71.78 | 53.19 | 0.813 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 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a mid to longer 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.
ADX buy sell signal for Marvell Technology stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Marvell Technology in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Marvell Technology in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 66.9 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 rising upwards.
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 is giving positive 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a mid to longer 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.
ADX buy sell signal for Marvell Technology stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Marvell Technology in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Marvell Technology in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 66.9 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 rising upwards.
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 is giving positive 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.