NASDAQ
On the weekly chart, NasdaqScan last detected a sideways range retest in MRVI in the week of 30 Apr 2023.
Since 2021, NasdaqScan has found 2 sideways ranges in MRVI. Completed ranges lasted 746 days on average, from 595 to 896 days. Of those 2, 1 broke upward and 1 broke downward.
The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.
Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.
Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.
| Range | Started | Ended | How it ended | Retest signals (week of) |
|---|---|---|---|---|
| 5 Jan 2025 | 23 Aug 2026 (595 days) | Broke above the range at $9.42 | — | |
| 31 Oct 2021 | 14 Apr 2024 (896 days) | Broke below the range at $7.19 | 30 Apr 2023 (Go ahead) |
All NASDAQ stocks with retest patterns →
Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.