Marvell Technology Inc

In Stage 4 decline with clear lower-highs and lower-lows and price trading below the 9-, 21-, and 50-day EMAs with an oversold RSI, MRVL’s medium-term bias remains bearish. Execution should be deferred as trimming on rallies into the 9/21/50 EMA zone is structurally appropriate given potential resistance and continuation of the downtrend.

• ↑Q1 FY27 revenue of $2.418B (+28% YoY) driven by data center ($1.83B, +27%).
• ↑FY27 guidance: ~$11.5B revenue (+40% YoY) with data center up ~50%.
• ↓Negative earnings yield and low dividend yield signal weak ROI for investors.