MARVELL TECHNOLOGY INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	MRVL
ISIN:	BMG5876H1051

MARVELL TECHNOLOGY INC. - 1H - Technical analysis published on 12/26/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 114.30 USD

My targets

118.15 USD (+1.91%)

124.78 USD (+7.63%)

My analysis

MARVELL TECHNOLOGY INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 114.30 USD. The next resistance located at 118.15 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 124.78 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The MARVELL TECHNOLOGY INC. price is 115.93 USD. The price registered a decrease of -0.02% on the session and was traded between 114.11 USD and 116.34 USD over the period. The price is currently at +1.59% from its lowest and -0.35% from its highest.

114.11

116.34

115.93

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

A technical analysis in 1H of this MARVELL TECHNOLOGY INC. chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near horizontal support

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	94.62	105.28	114.30	115.93	118.15	124.78
Change (%)	-18.38%	-9.19%	-1.41%	-	+1.91%	+7.63%
Change	-21.31	-10.65	-1.63	-	+2.22	+8.85
Level	Minor	Major	Intermediate	-	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	111.63	112.52	114.23	115.12	116.83	117.72	119.43
Camarilla	115.24	115.47	115.71	115.95	116.19	116.43	116.67
Woodie	112.05	112.73	114.65	115.33	117.25	117.93	119.85
Fibonacci	112.52	113.51	114.12	115.12	116.11	116.72	117.72

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	80.37	92.37	102.14	114.14	123.91	135.91	145.68
Camarilla	105.91	107.91	109.90	111.90	113.90	115.89	117.89
Woodie	79.25	91.81	101.02	113.58	122.79	135.35	144.56
Fibonacci	92.37	100.69	105.83	114.14	122.46	127.60	135.91

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	72.91	78.01	85.35	90.45	97.79	102.89	110.23
Camarilla	89.27	90.41	91.55	92.69	93.83	94.97	96.11
Woodie	74.03	78.57	86.47	91.01	98.91	103.45	111.35
Fibonacci	78.01	82.76	85.70	90.45	95.20	98.14	102.89

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	60.99
MACD (12,26,9):	1.0000
Directional Movement:	2.63
AROON (14):	100.00
DEMA (21):	115.63
Parabolic SAR (0,02-0,02-0,2):	114.76
Elder Ray (13):	1.08
Super Trend (3,10):	112.46
Zig ZAG (10):	116.09
VORTEX (21):	1.1500
Stochastique (14,3,5):	92.10
TEMA (21):	116.50
Williams %R (14):	-7.12
Chande Momentum Oscillator (20):	2.08
Repulse (5,40,3):	0.5000
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	5.15

MA7:	112.04
MA20:	109.23
MA50:	95.90
MA100:	83.10
MAexp7:	115.62
MAexp20:	114.48
MAexp50:	113.39
MAexp100:	110.99
Price / MA7:	+3.47%
Price / MA20:	+6.13%
Price / MA50:	+20.89%
Price / MA100:	+39.51%
Price / MAexp7:	+0.27%
Price / MAexp20:	+1.27%
Price / MAexp50:	+2.24%
Price / MAexp100:	+4.45%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on MARVELL TECHNOLOGY INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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