$MRVL Extends AI-Driven Rally With $198 Resistance in Focus
@Trend_Radar:
$Marvell Technology(MRVL)$ $Marvell Technology (MRVL) Soars +2.96%: AI Momentum Drives Record High Test, $200 Zone in Sight 🚀 📈 Latest Close Data Closed at $196.33 on May 26, 2026, up +2.96% (+$5.64). The price is trading just $2.07 below its 52-week high of $198.40. ⚡ Core Market Drivers The stock continues its powerful multi-week rally, fueled by a wave of analyst upgrades and bullish outlooks on AI data center demand. Positive sentiment is building ahead of the company's upcoming fiscal Q1 earnings report. 📊 Technical Analysis Volume was solid at 19.82M shares. The latest MACD indicator shows a bullish crossover with DIF (13.82) > DEA (13.44) and a positive MACD histogram (0.75), confirming upward momentum. The RSI(6) is at 75.19, indicating
