Overall MRVL gets a technical rating of 5 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MRVL is a bad performer.
MRVL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 83.53, a Stop Loss order could be placed below this zone.
72.56
3 important support areas can be observed.
We can see 3 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MRVL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRVL is neutral. |
| ChartMill Relative Strength | 22.46 | NEGATIVE | MRVL has a low relative strength, it was outperformed by 77.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MRVL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MRVL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRVL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.94 | NEUTRAL | The RSI value for MRVL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests MRVL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.87 | NEUTRAL | The Stochastics value for MRVL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for MRVL suggests high volalility. |
| Average Directional Index/ADX (14) | 11.29 | NEGATIVE | The low ADX value for MRVL suggests a weak or negative trend. |
86.49
-1.19 (-1.36%)
ChartMill assigns a technical rating of 5 / 10 to MRVL.
The current trend direction for MARVELL TECHNOLOGY INC (MRVL) is Bullish.
MARVELL TECHNOLOGY INC (MRVL) has an RSI value of 48.9355. This indicates that the stock is currently neutral.
The short term momentum for MARVELL TECHNOLOGY INC (MRVL) is neutral.