(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 2024-05-15 View latest technical analysis
10 day averaged volume of Marvell Technology is 8988450
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 70.15 | 68.95 | 70.18 | 68.18 | 1.112 times |
| 14 Tue May 2024 | 68.02 | 68.45 | 69.00 | 66.97 | 1.031 times |
| 13 Mon May 2024 | 69.02 | 69.00 | 70.53 | 68.85 | 0.585 times |
| 10 Fri May 2024 | 68.47 | 68.17 | 69.40 | 67.86 | 0.944 times |
| 09 Thu May 2024 | 67.68 | 67.86 | 68.92 | 67.52 | 1.518 times |
| 08 Wed May 2024 | 68.11 | 67.86 | 68.72 | 67.54 | 0.735 times |
| 07 Tue May 2024 | 68.68 | 69.68 | 69.97 | 68.64 | 0.718 times |
| 06 Mon May 2024 | 69.82 | 69.32 | 69.97 | 68.49 | 0.781 times |
| 03 Fri May 2024 | 68.51 | 69.02 | 69.38 | 67.58 | 1.003 times |
| 02 Thu May 2024 | 66.67 | 65.12 | 67.09 | 64.85 | 1.442 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 69.3, but if it comes below 69.3, then a intra day sell could be more profitable.
If you take a sell trade below 69.3, then use 69.3 as stoploss and 66.98 as target. However if you take a buy trade in stock , then use 69.3 as stoploss and 72.2 as target.
Share price targets for Marvell Technology (MRVL)
| Target Type | Value |
| Downside Target | 55.63 |
| Downside Target | 61.72 |
| Downside Target | 63.34 |
| Downside Target | 66.97 |
| Downside Target | 69.74 |
| Upside Target | 70.53 |
| Upside Target | 71.78 |
| Upside Target | 72.86 |
| Upside Target | 73.53 |
| Upside Target | 76.29 |
| Upside Target | 85.76 |
Intraday share price targets for Marvell Technology (MRVL)
| Target Type | Value |
| Downside Intraday Target | 67.9 |
| Downside Intraday Target | 65.66 |
| Upside Intraday Target | 71.46 |
| Upside Intraday Target | 72.78 |
| Downside Intraday Target | 69.22 |
Weekly technical analysis of Marvell Technology (MRVL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 70.15 | 69.00 | 70.53 | 66.97 | 0.581 times |
| 10 Fri May 2024 | 68.47 | 69.32 | 69.97 | 67.52 | 0.768 times |
| 03 Fri May 2024 | 68.51 | 69.56 | 70.09 | 63.34 | 1.057 times |
| 26 Fri Apr 2024 | 69.62 | 62.78 | 69.74 | 61.72 | 0.903 times |
| 19 Fri Apr 2024 | 62.13 | 71.16 | 71.78 | 61.94 | 0.806 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 |
| 15 Wed May 2024 | 70.15 | 64.49 | 70.53 | 63.34 | 0.385 times |
| 30 Tue Apr 2024 | 65.91 | 71.49 | 76.29 | 61.72 | 0.693 times |
| 28 Thu Mar 2024 | 70.88 | 73.99 | 85.76 | 63.46 | 1.551 times |
| 29 Thu Feb 2024 | 71.66 | 68.20 | 72.86 | 63.53 | 0.827 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 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 stronger in this stock.
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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 68.36 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 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 stronger in this stock.
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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 68.36 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.