Marvell TechnologyMRVL

Marvell Technology (MRVL) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for MRVL · data as of Aug 28, 2026. The chart above is live; the read below updates daily.

$216.62last close · Aug 28, 202652-week range $61.44 – $329.88 · 34.33% below the high

MRVL rising wedge pattern

MRVL is currently forming a rising wedge on the daily timeframe. Detected Aug 28, 2026.

A rising wedge usually breaks lower, but MRVL is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $204.59 (+15.6%).

DirectionBullishTarget$204.59Projected move+15.6%Breakout level$181.50

New to this pattern? What a rising wedge is and how to trade it →

MRVL's most recent falling wedge trade

MRVL's most recent completed falling wedge (which broke against type) resolved as a win: it broke down on Oct 30, 2026 near $202.81, then reached its target at $158.98 on Nov 4, 2026 — a 21.6% move (+0.86R) over 3 sessions. Across 137,198 backtested falling wedges, this setup wins 42.2% of the time.

OutcomeWinResult+21.6%R+0.86REntry$202.81Exit$158.98

Learn about falling wedge

MRVL pattern trade history

Every completed pattern trade our nightly backtest found on MRVL's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling wedgeOct 30, 2026 @ $202.81Nov 4, 2026 @ $158.98Win+21.6% · +0.86R
Rising wedgeOct 6, 2026 @ $290.42Oct 14, 2026 @ $248.14Loss+7.4% · -1.00R
Falling wedgeSep 17, 2026 @ $240.07Oct 12, 2026 @ $265.86Win+15.7% · +0.98R
TriangleSep 17, 2026 @ $240.07Oct 30, 2026 @ $205.78Loss+62.7% · -1.30R
Rising wedgeMay 14, 2026 @ $189.30Jun 11, 2026 @ $260.54Win+6.2% · +2.27R
Rising wedgeMay 11, 2026 @ $163.66May 13, 2026 @ $175.80Loss+18.4% · -1.00R
Rising wedgeMar 30, 2026 @ $88.50Apr 1, 2026 @ $100.82Loss+13.9% · -1.01R
Falling wedgeFeb 25, 2026 @ $79.81Mar 6, 2026 @ $84.72Win+17.0% · +1.31R
Falling wedgeFeb 3, 2026 @ $73.95Mar 6, 2026 @ $85.47Loss+10.8% · -1.00R
Falling wedgeFeb 3, 2026 @ $75.39Mar 6, 2026 @ $85.47Loss+18.1% · -1.00R
Falling wedgeAug 28, 2025 @ $76.24Sep 2, 2025 @ $61.95Loss+10.9% · -4.39R
Rising wedgeAug 19, 2025 @ $74.08Sep 2, 2025 @ $61.94Win+16.4% · +2.03R

Rising wedge examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about rising wedge

MRVL support and resistance levels

Price found a floor near $163.76 about 4 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $266.09 — still about 23% away.

  • Traders commonly watch $266.09 as a target (its 61.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $163.76 floor about 4 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

MRVL recent daily prices

DateOpenHighLowClose
Aug 28, 2026$225.26$228.88$215.55$216.62
Aug 27, 2026$253.44$254.60$240.38$241.45
Aug 26, 2026$240.00$245.17$236.79$245.11
Aug 25, 2026$237.38$246.70$235.93$240.38
Aug 24, 2026$229.22$231.70$220.42$229.29
Aug 21, 2026$252.39$252.52$233.28$237.04
Aug 20, 2026$237.57$251.73$234.53$251.01
Aug 19, 2026$240.13$245.49$228.10$237.27
Aug 18, 2026$220.52$225.01$211.10$216.00
Aug 17, 2026$227.75$240.18$226.89$234.33

MRVL frequently asked questions

What chart pattern is MRVL forming right now?
As of Aug 28, 2026, TradingPal's detector identifies a rising wedge on Marvell Technology (MRVL) on the daily chart, with a measured-move target of $204.59.
Is a rising wedge bullish or bearish?
The rising wedge detected on MRVL is a bullish pattern, projecting a measured-move target of $204.59. See its full backtested track record above — that's the real edge, not the textbook label.
What is the price target if MRVL's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $204.59 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was MRVL's closing price on Aug 28, 2026?
Marvell Technology (MRVL) last closed at $216.62 on Aug 28, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.