(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 2024-02-20 View latest technical analysis
10 day averaged volume of Marvell Technology is 13333750
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 65.04 | 65.81 | 66.08 | 63.53 | 0.923 times |
| 16 Fri Feb 2024 | 66.29 | 67.31 | 68.17 | 65.96 | 0.832 times |
| 15 Thu Feb 2024 | 67.44 | 68.50 | 68.68 | 66.56 | 0.974 times |
| 14 Wed Feb 2024 | 68.96 | 69.41 | 69.54 | 68.06 | 0.793 times |
| 13 Tue Feb 2024 | 68.13 | 67.75 | 69.67 | 67.06 | 0.965 times |
| 12 Mon Feb 2024 | 70.42 | 69.06 | 72.73 | 68.85 | 1.07 times |
| 09 Fri Feb 2024 | 68.83 | 68.23 | 69.46 | 66.93 | 1.641 times |
| 08 Thu Feb 2024 | 71.02 | 70.20 | 72.86 | 69.96 | 1.281 times |
| 07 Wed Feb 2024 | 69.37 | 67.67 | 69.74 | 66.01 | 1.164 times |
| 06 Tue Feb 2024 | 67.08 | 67.22 | 67.49 | 65.85 | 0.643 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 64.7, for a target of 66.8 or 68.58
Share price targets for Marvell Technology (MRVL)
| Target Type | Value |
| Downside Target | 46.07 |
| Downside Target | 50.35 |
| Downside Target | 55.63 |
| Downside Target | 58.12 |
| Downside Target | 61.79 |
| Downside Target | 63.53 |
| Upside Target | 65.51 |
| Upside Target | 67.78 |
| Upside Target | 70.76 |
| Upside Target | 72.73 |
| Upside Target | 72.86 |
| Upside Target | 73.53 |
Intraday share price targets for Marvell Technology (MRVL)
| Target Type | Value |
| Downside Intraday Target | 63.69 |
| Downside Intraday Target | 62.33 |
| Upside Intraday Target | 66.24 |
| Upside Intraday Target | 67.43 |
| Downside Intraday Target | 64.88 |
Weekly technical analysis of Marvell Technology (MRVL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 65.04 | 65.81 | 66.08 | 63.53 | 0.199 times |
| 16 Fri Feb 2024 | 66.29 | 69.06 | 72.73 | 65.96 | 0.863 times |
| 09 Fri Feb 2024 | 68.83 | 67.68 | 72.86 | 65.77 | 1.404 times |
| 02 Fri Feb 2024 | 67.53 | 68.45 | 70.76 | 65.51 | 0.747 times |
| 26 Fri Jan 2024 | 68.04 | 72.14 | 73.53 | 67.78 | 1.102 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 |
| 20 Tue Feb 2024 | 65.04 | 68.20 | 72.86 | 63.53 | 0.577 times |
| 31 Wed Jan 2024 | 67.70 | 59.46 | 73.53 | 55.63 | 1.462 times |
| 29 Fri Dec 2023 | 60.31 | 52.22 | 61.79 | 50.35 | 1.049 times |
| 30 Thu Nov 2023 | 55.73 | 47.05 | 58.12 | 46.33 | 1.112 times |
Scroll below to view daily charts
Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short 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.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short to mid 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.
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Marvell Technology in short term but the sell signal is initial and weak.
Marvell Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
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 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 68.49 and Marvell Technology (MRVL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been positive
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short 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.
Price action analysis of Marvell Technology ( (MRVL) ) based on a short to mid 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.
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Marvell Technology in short term but the sell signal is initial and weak.
Marvell Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
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 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 68.49 and Marvell Technology (MRVL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.