Marvell Technology(MRVL)

Marvell Technology (MRVL) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for MRVL · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$210.99last close · Jul 22, 202652-week range $61.44$329.88 · 36.04% below the high

MRVL Rising Wedge Pattern

MRVL is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 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%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; MRVL's own rising wedges have hit 84.6%.

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 Rising Wedge Trade

MRVL's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on May 20, 2026 near $183.45, then reached its target at $252.59 on Jun 10, 2026 — a 37.7% move (+3.36R) over 14 sessions. Across 63 backtested rising wedges, this setup wins 66.7% of the time.

OutcomeWinResult+37.7%R+3.36REntry$183.45Exit$252.59

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
MRVL win rate
84.6%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

MRVL Pattern Trade History

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

PatternEntryExitOutcomeResult
Rising WedgeMay 20, 2026 @ $183.45Jun 10, 2026 @ $252.59Win+15.6% · +3.36R
Rising WedgeApr 1, 2026 @ $100.82May 7, 2026 @ $160.01Win+22.1% · +4.17R
TriangleJul 17, 2024 @ $67.92Aug 5, 2024 @ $56.09Win+19.0% · +1.52R
Bullish PennantJul 8, 2024 @ $72.92Jul 19, 2024 @ $66.51Loss+18.7% · -1.05R
Rising WedgeJan 8, 2024 @ $62.58Jan 26, 2024 @ $68.04Win+22.8% · +0.79R
Falling WedgeOct 20, 2023 @ $50.34Nov 14, 2023 @ $57.03Loss+12.3% · -1.19R
TriangleMay 15, 2023 @ $40.34Jun 9, 2023 @ $60.01Win+22.7% · +17.75R
TriangleApr 25, 2023 @ $38.16May 17, 2023 @ $43.59Loss+22.1% · -1.22R
Falling WedgeOct 3, 2022 @ $44.71Oct 10, 2022 @ $40.30Loss+21.1% · -1.69R
Rising WedgeAug 8, 2022 @ $54.37Sep 1, 2022 @ $46.18Win+22.2% · +2.02R
TriangleJun 13, 2022 @ $50.82Jul 1, 2022 @ $42.25Win+21.8% · +0.80R
Rising WedgeJan 8, 2021 @ $49.89Mar 3, 2021 @ $45.56Loss+23.3% · -1.02R

Recent Rising Wedges on Other Charts

LINstopped −4.3%Jul 21, 2026EWstopped −7.5%Jul 20, 2026SPGIstopped −8.3%Jul 16, 2026BROhit target +6.9%Jul 15, 2026

Learn about rising wedge

MRVL Support and Resistance Levels

Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.

  • Much of the time charts simply drift between levels; the best reads are worth waiting for.
  • Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.

MRVL Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$201.15$214.92$200.58$210.99
Jul 21, 2026$205.56$210.60$202.84$207.96
Jul 20, 2026$193.01$202.08$191.99$194.94
Jul 17, 2026$182.23$194.05$177.95$188.68
Jul 16, 2026$200.12$201.94$186.15$188.30
Jul 15, 2026$222.16$223.30$201.22$206.26
Jul 14, 2026$231.57$232.00$218.63$222.44
Jul 13, 2026$228.78$228.80$215.28$217.53
Jul 10, 2026$237.79$240.94$232.02$235.81
Jul 9, 2026$246.18$251.70$241.10$243.27

MRVL Frequently Asked Questions

What chart pattern is MRVL forming right now?
As of Jul 22, 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.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
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 Jul 22, 2026?
Marvell Technology (MRVL) last closed at $210.99 on Jul 22, 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.