Question 1

What implications does the 10-day RSI indicator have for MRVL?

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where MRVL's RSI Indicator exited the oversold zone, 18 of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

What does the Stochastic Oscillator suggest about MRVL's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 3

How did MRVL's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on MRVL as a result. In 73 of 97 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for MRVL?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for MRVL just turned positive on August 13, 2024. Looking at past instances where MRVL's MACD turned positive, the stock continued to rise in 39 of 50 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for MRVL?

Accepted Answer

MRVL moved above its 50-day moving average on August 15, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What does a 3-day decline signify for MRVL's future price movement?

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where MRVL declined for three days, in 193 of 277 cases, the price declined further within the following month. The odds of a continued downward trend are 70%.

Question 7

What does MRVL breaking above its upper Bollinger Band indicate?

Accepted Answer

MRVL broke above its upper Bollinger Band on August 15, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 8

How does the Aroon Indicator reflect on MRVL's trend?

Accepted Answer

The Aroon Indicator for MRVL entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

MRVL Stock Marvell Technology (MRVL, $68.21) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 3, 2024

MRVL in -1.06% downward trend, declining for three consecutive days on August 12, 2024

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