MARVELL TECHNOLOGY INC (MRVL)
US5738741041 - Common Stock
We assign a technical rating of 10 out of 10 to MRVL. Both in the recent history as in the last year, MRVL has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MRVL is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by MRVL over the past year are nicely spread over this period.
MRVL is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. MRVL outperforms 91% of them.
MRVL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
MRVL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
MRVL has an average volume of 10055500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MRVL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
63.71
93.87
When analyzing the support we can see 4 important areas.
- A support zone ranging from 90.64 to 90.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 86.79 to 88.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 80.11 to 81.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @64.35 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.65
Mansfield1.79
10 Day High95.09
10 Day Low87.36
20 Day High95.09
20 Day Low79.05
52 Week High95.09
52 Week Low50.35
Performance
1 Week2.47%
2 Weeks-1.06%
1 Month13.44%
3 Month29.37%
6 Month21.21%
12 Month65.88%
2 Year99.79%
3 Year30.59%
5 Year252.45%
10 Year549.02%
15 Year502.72%
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)-0.32
RSI(14)65.31
LBB85.05
UBB95.59
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 95.10 | 90.63 | 4.47 (4.70%) | 21.28% |
| An entry @95.10. This is a Buy Stop order right above the 10 day high. | An exit @90.63. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.47 points, which is 4.70%. | For a 1.00% total portfolio risk, you can invest 21.28% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MRVL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MARVELL TECHNOLOGY INC
NASDAQ:MRVL (11/21/2024, 8:00:01 PM)
Premarket: 93.06 +0.12 (+0.13%)92.94
+3.08 (+3.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg3.43%
1 Week2.47%
2 Weeks-1.06%
1 Month13.44%
3 Month29.37%
6 Month21.21%
12 Month65.88%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.98
ATR(20)%3.31%
ATR Inc
Range Today3.42
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 High95.09
10 Day Low87.36
20 Day High95.09
20 Day Low79.05
52 Week High95.09
52 Week Low50.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.54M
Volume Incr-15.91%
Vol(5)7.99M
Vol(50)10.06M