Foliotrail Foliotrail charts

MRVL

daily
Daily Weekly Monthly
PARABOLIC
Support
$170
Resistance
$196
MRVL Marvell Technology, Inc. daily candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — parabolic as of May 22, 2026
MRVL Daily chart 2026-05-22 20:38:29 UTC
AI-generated analysis — not financial advice. For educational purposes only.

MRVL Daily Technical Analysis Summary

As of May 22, 2026, MRVL (Marvell Technology, Inc.) is in a parabolic state on the daily chart, with a confidence level of 74%. Key support is at $170 and key resistance at $196. Price is making strong HH/HL and printing fresh highs near $196 with RSI ~71 (overbought/extended) after a sharp momentum leg up; price is far above all key EMAs/SMAs.

Price Scenarios & Targets

bullish

Parabolic uptrend continues with a brief consolidation/pullback, then a push to new highs (likely Elliott wave 5 extension); buyers defend the prior breakout zone and rising EMA20/EMA50.

Price Target
$225
Path to target
First move
$205
Pullback
$185
Final target
$225

bearish

Mean-reversion pullback (Elliott wave 4 / post-climax cooling) toward the prior impulse base and EMA50 area before trend resumes; risk increases if it loses the $170 swing support.

Price Target
$150
Path to target
First move
$170
Pullback
$180
Final target
$150

Key Triggers

Confirmation & Invalidation

✓ Confirmation

2+ daily closes above $196 (new ATH) while holding above $185.

✗ Invalidation

Daily close below $170 (loss of the steep trend/impulse support; likely wave-4 style pullback).

Position Entry & Exit Levels

⊕ Add

Start $172 – $180
Add $150 – $160
Heavy $138 – $146

Start near prior breakout/round-number support ($175-$180); add on deeper fib/structure pullback ($150-$160); heavy add near rising EMA50 (~$145) where trend buyers often defend.

⊖ Derisk

Trim 1 $205 – $220
Trim 2 $220 – $240
Close $240 – $270

With RSI/extension already high, trims are staged into upside extensions (likely wave-5 blowoff / fib extensions) where reversion risk rises materially.

Frequently Asked Questions

What is the daily technical outlook for MRVL today?

As of May 22, 2026, MRVL (Marvell Technology, Inc.) is in a parabolic state on the daily chart with 74% confidence. Price is making strong HH/HL and printing fresh highs near $196 with RSI ~71 (overbought/extended) after a sharp momentum leg up; price is far above all key EMAs/SMAs.

What are the daily support and resistance levels for MRVL?

On the daily timeframe, MRVL has key support at $170 and key resistance at $196. The most likely scenario (bullish) targets $205 and $225, with a revert level at $185.

Is MRVL in an uptrend or downtrend?

MRVL (Marvell Technology, Inc.) is currently classified as parabolic on the daily chart, with 74% confidence. Confirmation requires: 2+ daily closes above $196 (new ATH) while holding above $185. This would be invalidated by: Daily close below $170 (loss of the steep trend/impulse support; likely wave-4 style pullback).

What are the price targets for MRVL?

The most likely scenario (bullish) targets $205 and $225, with a revert level at $185. The alternative scenario (bearish) targets $170 and $150.

Other Timeframes for MRVL
Related Tickers