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Stock Trend Analysis Report
Prepared for you on Monday, December 23, 2024.
Marvell Technology, Inc. (NASDAQ:MRVL)
Countertrend Up (+85) - MRVL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Aug 30th, 2024 at 78.40
The intermediate-term trend has been UP since Aug 16th, 2024 at 69.91
The short-term trend has been DOWN since Dec 18th, 2024 at 111.90
Smart Scan Analysis for MRVL
Based on our trend formula, MRVL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 112.0300 | 114.0200 | 111.3165 | 113.5500 | +1.6500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 111.9000 | 4552046 | 2024-12-23 13:33:04 |
| Year High | 25.18 | Year High Date | 2018-03-09 |
| Year Low | 14.69 | Year Low Date | 2018-11-20 |
| 52wk High | 126.15 | 52wk High Date | 2024-12-16 |
| 52wk Low | 53.19 | 52wk Low Date | 2024-08-05 |
| Year End Close | 7.2606 | Average Volume | 20,206,537 |
| Shares Outstanding | 865,300 | Short Interest | 6,320,685 |
| % Institutional | 60.1 | Market Cap | 17,335M |
| Assets | 197,156,000M | Liabilities | 634,270,000M |
| P/E Ratio | -115.80490000 | Beta | 0.72 |
| Volatility | 46.11 |