(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 2024-07-08 View latest technical analysis
10 day averaged volume of Marvell Technology is 9597440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 74.91 | 72.05 | 75.55 | 71.99 | 1.33 times |
| 05 Fri Jul 2024 | 72.08 | 72.51 | 72.95 | 71.57 | 0.563 times |
| 03 Wed Jul 2024 | 72.20 | 70.98 | 73.14 | 70.98 | 0.636 times |
| 03 Wed Jul 2024 | 72.20 | 70.98 | 73.14 | 70.98 | 0.636 times |
| 02 Tue Jul 2024 | 71.60 | 70.79 | 71.73 | 69.86 | 0.866 times |
| 01 Mon Jul 2024 | 71.00 | 70.05 | 71.05 | 68.83 | 0.751 times |
| 28 Fri Jun 2024 | 69.90 | 69.31 | 72.30 | 69.25 | 2.335 times |
| 27 Thu Jun 2024 | 68.73 | 67.70 | 69.14 | 67.65 | 0.629 times |
| 26 Wed Jun 2024 | 68.27 | 68.08 | 68.47 | 67.28 | 0.692 times |
| 25 Tue Jun 2024 | 68.26 | 68.13 | 68.64 | 66.80 | 1.453 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 73.5, but if it comes below 73.5, then a intra day sell could be more profitable.
If you take a sell trade below 73.5, then use 73.5 as stoploss and 71.5 as target. However if you take a buy trade in stock , then use 73.5 as stoploss and 75.8 as target.
Share price targets for Marvell Technology (MRVL)
| Target Type | Value |
| Downside Target | 61.72 |
| Downside Target | 63.34 |
| Downside Target | 66.10 |
| Downside Target | 68.83 |
| Downside Target | 70.93 |
| Upside Target | 75.30 |
| Upside Target | 75.55 |
| Upside Target | 75.70 |
| Upside Target | 76.29 |
| Upside Target | 78.44 |
| Upside Target | 85.76 |
Intraday share price targets for Marvell Technology (MRVL)
| Target Type | Value |
| Downside Intraday Target | 72.75 |
| Downside Intraday Target | 70.59 |
| Upside Intraday Target | 76.31 |
| Upside Intraday Target | 77.71 |
| Downside Intraday Target | 74.15 |
Weekly technical analysis of Marvell Technology (MRVL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 74.91 | 72.05 | 75.55 | 71.99 | 1.109 times |
| 05 Fri Jul 2024 | 72.08 | 70.98 | 73.14 | 70.98 | 0.532 times |
| 03 Wed Jul 2024 | 72.20 | 70.05 | 73.14 | 68.83 | 0.344 times |
| 28 Fri Jun 2024 | 69.90 | 71.27 | 72.30 | 66.80 | 1.654 times |
| 21 Fri Jun 2024 | 71.89 | 72.55 | 75.30 | 70.93 | 2.043 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 Mon Jul 2024 | 74.91 | 70.05 | 75.55 | 68.83 | 0.203 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 |
| 30 Tue Apr 2024 | 65.91 | 71.49 | 76.29 | 61.72 | 0.693 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 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 mid to longer 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.
ADX buy sell signal for Marvell Technology stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 70.8 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 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 mid to longer 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.
ADX buy sell signal for Marvell Technology stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 70.8 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.