(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 2024-08-19 View latest technical analysis
10 day averaged volume of Marvell Technology is 11380150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 69.08 | 68.92 | 69.22 | 67.57 | 0.238 times |
| 16 Fri Aug 2024 | 69.32 | 68.12 | 70.35 | 68.02 | 1.017 times |
| 15 Thu Aug 2024 | 69.33 | 66.77 | 69.80 | 65.95 | 1.502 times |
| 14 Wed Aug 2024 | 63.79 | 64.35 | 65.05 | 62.89 | 0.677 times |
| 13 Tue Aug 2024 | 64.05 | 62.00 | 64.58 | 60.74 | 1.042 times |
| 12 Mon Aug 2024 | 60.51 | 60.94 | 61.62 | 59.96 | 0.732 times |
| 09 Fri Aug 2024 | 60.56 | 60.64 | 61.36 | 59.73 | 0.678 times |
| 08 Thu Aug 2024 | 61.16 | 58.30 | 61.23 | 57.30 | 1.146 times |
| 07 Wed Aug 2024 | 56.15 | 60.35 | 61.52 | 56.03 | 0.997 times |
| 06 Tue Aug 2024 | 58.22 | 58.96 | 59.93 | 56.88 | 0.976 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 67.3, but if it comes below 67.3, then a intra day sell could be more profitable.
If you take a sell trade below 67.3, then use 67.3 as stoploss and 63.44 as target. However if you take a buy trade in stock , then use 67.3 as stoploss and 72 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 | 69.22 |
| Upside Target | 69.91 |
| Upside Target | 70.35 |
| 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 | 68.03 |
| Downside Intraday Target | 66.97 |
| Upside Intraday Target | 69.68 |
| Upside Intraday Target | 70.27 |
| Downside Intraday Target | 68.62 |
Weekly technical analysis of Marvell Technology (MRVL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 69.08 | 68.92 | 69.22 | 67.57 | 0.048 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 |
| 19 Mon Aug 2024 | 69.08 | 65.55 | 70.35 | 53.19 | 0.681 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 neutral. A longer time frame might give a better analysis.
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 but the buy signal is initial and weak.
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 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 63.21 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 neutral. A longer time frame might give a better analysis.
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 but the buy signal is initial and weak.
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 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 63.21 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.