MARVELL TECHNOLOGY INC (MRVL)

US5738741041 - Common Stock

63.9607  -1.28 (-1.96%)

Technical Rating and Analysis

4

Overall MRVL gets a technical rating of 4 out of 10. MRVL was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month MRVL has a been trading in the 64.37 - 76.29 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, MRVL did better than 90% of all other stocks.
MRVL is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 79% of 107 stocks in the same industry.
MRVL has an average volume of 14949200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
MRVL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MRVL is lagging the market slightly.
Weekly and Daily overview Charts
MRVL Weekly chart
MRVL Daily chart
Setup Rating and Analysis

3

MRVL has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

54.34

74.33

We found 1 important support area.

  • Support @54.89 from a trend line in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 65.04 to 65.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 69.89 to 70.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 72.65 to 73.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.29
Mansfield0.1
10 Day High74.08
10 Day Low64.37
20 Day High76.29
20 Day Low64.37
52 Week High85.76
52 Week Low36.9
Performance
1 Week-8.79%
2 Weeks-7.96%
1 Month-0.46%
3 Month-8.22%
6 Month31.88%
12 Month67.2%
2 Year12.33%
3 Year44.3%
5 Year160.75%
10 Year311.35%
15 Year494.17%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.69
RSI(14)38.57
LBB65.47
UBB75.9
MRVL Daily chart

MARVELL TECHNOLOGY INC

NASDAQ:MRVL (4/19/2024, 10:10:10 AM)

63.9607

-1.28 (-1.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.96%
1 Week-8.79%
2 Weeks-7.96%
1 Month-0.46%
3 Month-8.22%
6 Month31.88%
12 Month67.2%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.09
ATR(20)%4.58%
ATR Inc
Range Today0.79
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High74.08
10 Day Low64.37
20 Day High76.29
20 Day Low64.37
52 Week High85.76
52 Week Low36.9
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.00K
Volume Incr-20.38%
Vol(5)11.39M
Vol(50)14.95M