(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 2024-02-21 View latest technical analysis
10 day averaged volume of Marvell Technology is 13712820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 65.52 | 64.50 | 65.55 | 63.86 | 0.642 times |
| 20 Tue Feb 2024 | 65.04 | 65.81 | 66.08 | 63.53 | 0.897 times |
| 16 Fri Feb 2024 | 66.29 | 67.31 | 68.17 | 65.96 | 0.809 times |
| 15 Thu Feb 2024 | 67.44 | 68.50 | 68.68 | 66.56 | 0.947 times |
| 14 Wed Feb 2024 | 68.96 | 69.41 | 69.54 | 68.06 | 0.771 times |
| 13 Tue Feb 2024 | 68.13 | 67.75 | 69.67 | 67.06 | 0.938 times |
| 12 Mon Feb 2024 | 70.42 | 69.06 | 72.73 | 68.85 | 1.04 times |
| 09 Fri Feb 2024 | 68.83 | 68.23 | 69.46 | 66.93 | 1.596 times |
| 08 Thu Feb 2024 | 71.02 | 70.20 | 72.86 | 69.96 | 1.246 times |
| 07 Wed Feb 2024 | 69.37 | 67.67 | 69.74 | 66.01 | 1.131 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 66.5, but if it comes above 66.5, then a intra day buy could be more profitable.
If you take a sell trade below 66.5, then use 66.5 as stoploss and 64.3 as target. However if you take a buy trade in stock , then use 66.5 as stoploss and 68.33 as target.
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 |
| Downside 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 | 64.01 |
| Downside Intraday Target | 62.49 |
| Upside Intraday Target | 66.56 |
| Upside Intraday Target | 67.59 |
| Downside Intraday Target | 65.04 |
Weekly technical analysis of Marvell Technology (MRVL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 65.52 | 65.81 | 66.08 | 63.53 | 0.342 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 |
| 21 Wed Feb 2024 | 65.52 | 68.20 | 72.86 | 63.53 | 0.607 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 losing 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 moving up
CCI has generated a buy signal for Marvell Technology in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 68.38 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 losing 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 moving up
CCI has generated a buy signal for Marvell Technology in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 68.38 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.