(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 2024-02-27 View latest technical analysis
10 day averaged volume of Marvell Technology is 11441480
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 69.13 | 69.53 | 71.16 | 69.11 | 0.944 times |
| 26 Mon Feb 2024 | 68.62 | 68.33 | 68.93 | 67.95 | 0.551 times |
| 23 Fri Feb 2024 | 67.58 | 69.85 | 70.38 | 67.53 | 0.747 times |
| 22 Thu Feb 2024 | 69.87 | 68.86 | 70.40 | 68.23 | 1.458 times |
| 21 Wed Feb 2024 | 65.52 | 64.50 | 65.55 | 63.86 | 0.77 times |
| 20 Tue Feb 2024 | 65.04 | 65.81 | 66.08 | 63.53 | 1.075 times |
| 16 Fri Feb 2024 | 66.29 | 67.31 | 68.17 | 65.96 | 0.969 times |
| 15 Thu Feb 2024 | 67.44 | 68.50 | 68.68 | 66.56 | 1.135 times |
| 14 Wed Feb 2024 | 68.96 | 69.41 | 69.54 | 68.06 | 0.924 times |
| 13 Tue Feb 2024 | 68.13 | 67.75 | 69.67 | 67.06 | 1.124 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 69.6 as stoploss in an intra day sell trade for a target of 68.06. However, stock will show a bullish move above 69.6.
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 |
| Downside Target | 67.95 |
| Upside Target | 70.40 |
| Upside Target | 71.16 |
| 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 | 67.67 |
| Downside Intraday Target | 66.2 |
| Upside Intraday Target | 70.88 |
| Upside Intraday Target | 72.62 |
| Upside Intraday Target | 69.41 |
Weekly technical analysis of Marvell Technology (MRVL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 69.13 | 68.33 | 71.16 | 67.95 | 0.369 times |
| 23 Fri Feb 2024 | 67.58 | 65.81 | 70.40 | 63.53 | 0.75 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 |
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 |
| 27 Tue Feb 2024 | 69.13 | 68.20 | 72.86 | 63.53 | 0.752 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Marvell Technology in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 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 67.74 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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Marvell Technology in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 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 67.74 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 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.