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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Marvell Technology, Inc. (NASDAQ:MRVL)
Sidelines Mode (+55) - MRVL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MRVL?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRVL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MRVL
The long-term trend has been UP since Dec 14th, 2023 at 59.2933
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 64.4400
The short-term trend has been UP since Apr 25th, 2024 at 65.6600
Smart Scan Analysis for MRVL
Based on our trend formula, MRVL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 65.63 | 67.55 | 65.48 | 66.33 | +1.48 |
| Prev. Close | Volume | Bid | Ask | Time |
| 64.85 | 4511548 | 2024-04-25 12:10:21 |
| Year High | 25.18 | Year High Date | 2018-03-09 |
| Year Low | 14.69 | Year Low Date | 2018-11-20 |
| 52wk High | 85.7571 | 52wk High Date | 2024-03-07 |
| 52wk Low | 37.42 | 52wk Low Date | 2023-04-26 |
| Year End Close | 7.2606 | Average Volume | 12,600,843 |
| Shares Outstanding | 866,000 | Short Interest | 6,320,685 |
| % Institutional | 60.1 | Market Cap | 17,335M |
| Assets | 212,285,000M | Liabilities | 639,710,000M |
| P/E Ratio | -115.80490000 | Beta | 0.72 |
| Volatility | 46.11 |