MRVL technical analysis

The latest weekly close for MRVL is 261.93. The price is currently above its weekly EMA20 of 220.38 by 18.86%. It is also trading above its weekly EMA50 of 173.82 by 50.7%, and significantly above its weekly EMA200 of 105.03 by 149.38%.

The weekly EMA stack is bullish, with the EMA20 (220.38) above the EMA50 (173.82), and the EMA50 above the EMA200 (105.03). This configuration (20 > 50 > 200) indicates a strong uptrend across short, medium, and long-term weekly timeframes. It is important to note that the EMA stack describes the prevailing trend and is not an entry or exit timing signal.

No EMA50/EMA200 cross was found within the computable window.

What would change this read

A weekly close below the EMA20 of 220.38 would signal a weakening of the short-term bullish momentum. A more significant bearish shift would occur if the weekly price closes below the EMA50 of 173.82. A change in the EMA stack, specifically the weekly EMA20 (220.38) crossing below the weekly EMA50 (173.82), would indicate a potential reversal of the established bullish trend.

MACD versus Signal Line

The weekly MACD for MRVL is currently 25.68, which is below its signal line of 26.59. This indicates a bearish posture. A bearish signal-line crossover occurred 10 weeks ago on 2026-07-20.

Histogram

The histogram is negative at -0.90, indicating bearish momentum. However, the 4-bar change of 3.68 shows that the negative momentum is decelerating, as the histogram is becoming less negative.

Zero-Line Position

The MACD is currently above the zero line, which is generally considered bullish. The last zero-line cross was bullish, occurring 52 weeks ago on 2025-09-29. This is a longer-term signal, distinct from the more recent signal-line crossover.

Divergence Checks

No bearish divergence was found between the price pivots of 2026-06-15 (close 310.58/macd 47.9208) and 2026-08-17 (close 237.04/macd 27.1964). No bullish divergence was found between the price pivots of 2026-07-27 (close 187.56/macd 30.0543) and 2026-08-24 (close 216.62/macd 25.1854).

What would change this read

A shift to a bullish outlook would occur if the MACD crosses above its signal line of 26.59. Conversely, a stronger bearish signal would emerge if the MACD crosses below the zero line (0.00). A positive histogram, crossing above 0.00, would also indicate a change in momentum.

MRVL's current weekly RSI(14) is 64.95, placing it in neutral territory. The indicator is neither overbought (above 70) nor oversold (below 30).

Four weeks ago, the weekly RSI was 57.75, indicating a rising trend over this period.

The most recent band event occurred 13 weeks ago, on 2026-06-29, when the weekly RSI fell back below the 70 overbought threshold.

No bearish divergence was found based on the last two price pivots (2026-06-15 close 310.58/RSI 95.3 -> 2026-08-17 close 237.04/RSI 61.9). Similarly, no bullish divergence was found based on the last two price pivots (2026-07-27 close 187.56/RSI 52.34 -> 2026-08-24 close 216.62/RSI 56.37).

What would change this read

A move of the weekly RSI to 70.00 or above would indicate an overbought condition. Conversely, a drop to 30.00 or below would signal an oversold condition. A fall below 57.75 would reverse the recent upward momentum.

The weekly ATR(14) for MRVL is 31.23, which represents 11.92% of the latest weekly close price of 261.93. This indicates that a typical weekly price movement for MRVL is approximately $31.23.

Compared to 8 weeks ago, when the ATR was 35.55, the current ATR of 31.23 shows that weekly volatility for MRVL is contracting.

Based on the latest weekly close of 261.93, the 1x ATR band suggests that a typical weekly price range for MRVL is expected to be between 230.70 and 293.17. For more extreme but still expected movements, the 2x ATR band indicates a weekly range between 199.47 and 324.40. These bands describe the expected weekly range, not price predictions.

What would change this read: A rise in the weekly ATR(14) above 35.55 would signal an expansion in volatility. Alternatively, a weekly close price below 199.47 or above 324.40 would indicate a movement beyond the typical 2x ATR expected weekly range.

MRVL's 52-week high is 329.88, set on 2026-06-15. The 52-week low is 70.69, established on 2026-02-02.

The latest weekly close of 261.93 sits -20.6% below its 52-week high. Conversely, the stock is positioned 270.54% above its 52-week low.

The stock's current position within its 52-week range is 73.8%. This indicates that MRVL is trading in the upper quartile of its yearly price performance, suggesting a strong longer-term upward trend. While it has pulled back from its absolute 52-week high, its overall yearly performance remains robust, indicating it is in a mature phase of an uptrend or consolidating after significant gains. The midpoint of the 52-week range is 200.29.

What would change this read

A weekly close above the 52-week high of 329.88 would signal renewed bullish momentum. A weekly close below the midpoint of the 52-week range at 200.29 would indicate a significant loss of strength. A weekly close at or below the 52-week low of 70.69 would turn the outlook decidedly bearish.