AMD Stock Forecast: EPS Growth and Earnings Outlook Ahead of November 2025 Report
$$259.26
AMD Stock Forecast: EPS Growth and Earnings Outlook Ahead of November 2025 Report
03 Nov 2025, 13:48
Chart & Data from IG
Taking a look at Marvell after the recent Nvidia breakout, some semi-stocks seem to be lagging behind and Marvell may be one of them. The stock’s share price closed yesterday’s session at $72.85 a share, and looking at the daily chart, we can see that a phase of consolidation is certainly at play here. The price has narrowed, which can sometimes happen before a decisive move in either direction. We can see the 50, 100, and 200-day moving averages are also providing significant support below between $69-$70, therefore, a break below could create some concerns. However, there is additional support around $65.52, and only a break below here could see further selling. Towards the upside, resistance sits around $76 followed by $78.97. The price level of $78 has been a tough resistance for this stock throughout Q2 and Q3, meaning if a break above it occurs, this could lead to a possible rally to the year’s high of $85.76. The MACD momentum indicator is slightly bearish but it’s practically in line with its signal line now, this can happen before a decisive move.