87.72 USD
+4.29 (+5.14%)
88.2 USD
+0.48 (+0.55%)
We assign a technical rating of 5 out of 10 to MRVL. 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.
MRVL has an average volume of 19254900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, MRVL did better than 83% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
MRVL is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry, MRVL did better than 58% of them.
MRVL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MRVL is lagging the market.
In the last month MRVL has a been trading in the 73.62 - 98.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MRVL has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
69.94
94.68
When analyzing the support we can see 2 important areas.
- A support zone ranging from 76.68 to 77.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 70.65 to 71.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 90.71 to 93.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for MRVL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRVL is neutral. |
| ChartMill Relative Strength | 83.43 | POSITIVE | MRVL has a high relative strength, it outperformed 83.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MRVL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRVL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MRVL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.75 | NEUTRAL | The RSI value for MRVL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests MRVL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.71 | NEUTRAL | The Stochastics value for MRVL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.09 | HIGH VOLATILITY | The high ATR as a percentage value for MRVL suggests high volalility. |
| Average Directional Index/ADX (14) | 18.49 | NEGATIVE | The low ADX value for MRVL suggests a weak or negative trend. |
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)
87.72
+4.29 (+5.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg5.14%
1 Week7.87%
2 Weeks-1.8%
1 Month-2.7%
3 Month39.54%
6 Month45.74%
12 Month-5.36%
2 Year57.4%
3 Year88.56%
5 Year89.5%
10 Year890.07%
15 Year354.98%
Volatility
ATR(14)5.27
ATR(20)%6.09%
ATR Inc-17.94%
Range Today5.28
ADR(20)4.86
ADR(20)%5.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.43
3 months CRS94.32
6 months CRS89.07
Mansfield-0.39
10 Day High89.31
10 Day Low73.62
20 Day High98.13
20 Day Low73.62
52 Week High127.48
52 Week Low47.08
CS1 End77.71
CR1 Start90.71
Volume & EV
DER(3)1.14%
DER(5)0.34%
Volume15.02M
Volume Incr11.55%
Vol(5)18.03M
Vol(50)19.25M
MARVELL TECHNOLOGY INC / MRVL FAQ
What is the technical rating for MRVL stock?
ChartMill assigns a technical rating of 5 / 10 to MRVL.
What is the current trend direction of MARVELL TECHNOLOGY INC (MRVL) stock?
The current trend direction for MARVELL TECHNOLOGY INC (MRVL) is Bearish.
What is the RSI signal for MRVL stock?
MARVELL TECHNOLOGY INC (MRVL) has an RSI value of 53.7492. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MARVELL TECHNOLOGY INC?
The short term momentum for MARVELL TECHNOLOGY INC (MRVL) is neutral.