Technical Analysis for MRVL - Marvell Technology Group Ltd.

Grade Last Price % Change Price Change
D 42.14 1.52% 0.63
MRVL closed up 3.53 percent on Friday, March 5, 2021, on 2.28 times normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical MRVL trend table...

Date Alert Name Type % Chg
New Downtrend Bearish 0.00%
Crossed Above 200 DMA Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Calm After Storm Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Multiple of Ten Bullish Other 0.00%
Below Lower BB Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 200 DMA Bearish 3.53%
Expansion Breakdown Bearish Swing Setup 3.53%
Older End-of-Day Signals for MRVL ...

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Profile

Marvell Technology Group Ltd. Description

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. It offers mobile and wireless products comprising communications and applications processors; thin modems; Wi-Fi and other communication protocols, including Bluetooth, NFC, and/or FM; and mobile computing products. The company also provides a range of integrated data storage products, including hard disk drive, solid-state drive, and hybrid hard disk drive controllers, as well as storage-system products. In addition, it offers networking products comprising cloud infrastructure products for home, private, and public cloud networks; and service provider infrastructure technologies used in the deployment of residential fiber access infrastructure and mobile Internet infrastructure, as well as products used in the transition to Internet protocol radio access networks. Further, the company provides printer-specific standard SoC products, as well as custom printer ASICs; and powerline products for home networking and advanced metering infrastructure, DSP Switcher and analog switching regulators for power management solutions, and Smart Energy Platforms for building a new generation of connected appliances and lighting platforms that promote an eco-friendly lifestyle. It operates in the United States, Canada, China, Denmark, Germany, Hong Kong, India, Israel, Italy, Japan, Malaysia, the Netherlands, Singapore, South Korea, Spain, Sweden, Switzerland, Taiwan, and the United Kingdom. Marvell Technology Group Ltd. was founded in 1995 and is headquartered in Hamilton, Bermuda.


Classification

Sector: Technology
Industry: Semiconductors
Keywords: Telecommunications Computing Cloud Computing Cloud Infrastructure Integrated Circuits IBD 50 Fabless Semiconductor Companies Modem Wi-Fi Computer Network Power Management Networking Products Storage Products Infrastructure Products Disk Drive Hard Disk Drive Microprocessor Mobile Internet Signal Processing Bluetooth Wireless Products Logical Link Control Access Network Digital Signal Processing Mobile Computing Home Network Access Networks Data Storage Products Home Networking Internet Infrastructure Applications Processors Cloud Infrastructure Products Power Management Solutions

Is MRVL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 55.7
52 Week Low 16.45
Average Volume 9,474,145
200-Day Moving Average 41.26
50-Day Moving Average 49.74
20-Day Moving Average 49.11
10-Day Moving Average 46.71
Average True Range 2.39
ADX 25.2
+DI 12.28
-DI 46.47
Chandelier Exit (Long, 3 ATRs ) 47.38
Chandelier Exit (Short, 3 ATRs ) 45.10
Upper Bollinger Band 55.93
Lower Bollinger Band 42.30
Percent B (%b) -0.06
BandWidth 27.74
MACD Line -1.87
MACD Signal Line -0.79
MACD Histogram -1.0721
Fundamentals Value
Market Cap 27.87 Billion
Num Shares 671 Million
EPS 2.09
Price-to-Earnings (P/E) Ratio 19.90
Price-to-Sales 10.92
Price-to-Book 3.60
PEG Ratio 1.99
Dividend 0.24
Dividend Yield 0.58%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 47.08
Resistance 3 (R3) 46.50 44.06 46.15
Resistance 2 (R2) 44.06 42.65 44.35 45.84
Resistance 1 (R1) 42.79 41.77 43.43 43.37 45.53
Pivot Point 40.35 40.35 40.67 40.64 40.35
Support 1 (S1) 39.08 38.94 39.72 39.66 37.49
Support 2 (S2) 36.64 38.06 36.93 37.18
Support 3 (S3) 35.37 36.64 36.87
Support 4 (S4) 35.95