(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 2024-08-27 View latest technical analysis
10 day averaged volume of Marvell Technology is 10363823
Date | Daily Closing Price | Open | High | Low | Volume |
27 Tue Aug 2024 | 69.71 | 68.33 | 70.19 | 67.04 | 0.646 times |
26 Mon Aug 2024 | 68.82 | 70.97 | 71.85 | 68.58 | 1.002 times |
23 Fri Aug 2024 | 71.84 | 70.46 | 72.58 | 70.01 | 1.253 times |
22 Thu Aug 2024 | 68.66 | 71.50 | 71.78 | 68.39 | 0.936 times |
21 Wed Aug 2024 | 71.34 | 70.30 | 71.50 | 69.49 | 0.901 times |
20 Tue Aug 2024 | 69.41 | 70.00 | 71.01 | 68.86 | 0.994 times |
19 Mon Aug 2024 | 69.08 | 68.92 | 69.22 | 67.57 | 0.261 times |
16 Fri Aug 2024 | 69.32 | 68.12 | 70.35 | 68.02 | 1.117 times |
15 Thu Aug 2024 | 69.33 | 66.77 | 69.80 | 65.95 | 1.649 times |
14 Wed Aug 2024 | 63.79 | 64.35 | 65.05 | 62.89 | 0.743 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 69.9 as stoploss in an intra day sell trade for a target of 64.95. However, stock will show a bullish move above 69.9.
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 | 70.35 |
Upside Target | 71.85 |
Upside Target | 72.58 |
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 | 67.22 |
Downside Intraday Target | 64.72 |
Upside Intraday Target | 72.03 |
Upside Intraday Target | 74.34 |
Downside Intraday Target | 69.53 |
Weekly technical analysis of Marvell Technology (MRVL)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Tue Aug 2024 | 69.71 | 70.97 | 71.85 | 67.04 | 0.379 times |
23 Fri Aug 2024 | 71.84 | 68.92 | 72.58 | 67.57 | 0.796 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 |
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 |
27 Tue Aug 2024 | 69.71 | 65.55 | 72.58 | 53.19 | 0.949 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 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 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 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 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 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 moving up
CCI has generated a SELL signal for Marvell Technology in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 69.32 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 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 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 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 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 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 moving up
CCI has generated a SELL signal for Marvell Technology in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 69.32 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.