Weekly structural research ยท NASDAQ ยท Healthcare

MRVI Stage Analysis

Maravai Lifesciences Holdingsย Inc

Week ending 9 Oct 2026Close USD 7.44Tenure EstablishedBenchmark QQQ
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Upward Expansion ยท Established expansion

The weekly architecture is expanding upward.

Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing.

  • The Trend gate is up within the current regime.
  • Fast Activity versus Slow Activity: weakening.
  • Activity structure: moderate and contracting.
Direction 53โˆ’100 bearish to +100 bullish
Energy 37/100directional strength
Maturity 85/100lifecycle context
Confidence 60/100evidence agreement
Trend gate Upstructural direction
Activity structure Moderatecontracting separation
Price acceptance +33.3%position within the Activity structure
Fair Value context +41.0%USD 5.28 ยท improving
Trend Architecture map ยท Historical context

Weekly close, Activity, Trend and Fair Value

Follow price and Trend first, then add Activity Lines to inspect the structure. Subtle bands show the regime recognized at each completed observation; the dashed line marks current Fair Value, not a historical forecast.

CloseTrendCurrent Fair Value
Background stage key
  • BalanceDirection is contained.
  • Rotation UpStructure is turning higher.
  • Upward ExpansionUptrend is established.
  • DecelerationUptrend is losing energy.
  • Rotation DownStructure is turning lower.
  • Downward ExpansionDowntrend is established.
View chart values ยท 156 observations
WeekCloseTrendRelative StrengthVolumeRegimeDirectionEnergy
2026-10-097.445.5642.8416417110Upward Expansion5337
2026-10-027.905.4253.9213558420Upward Expansion6641
2026-09-257.605.2751.399744656Upward Expansion6339
2026-09-186.975.1445.6913984220Upward Expansion5439
2026-09-116.535.0139.8411069297Upward Expansion5951
2026-09-047.324.8957.9816145544Upward Expansion6054
2026-08-287.684.7569.2826940844Upward Expansion7157
2026-08-218.644.6195.0641544356Upward Expansion8863
2026-08-145.704.4428.5710191767Upward Expansion5046
2026-08-076.234.3843.5710406091Upward Expansion6563
2026-07-316.574.3161.598878358Upward Expansion6768
2026-07-246.764.2070.2411618804Upward Expansion7483
2026-07-177.244.0882.5122478144Upward Expansion9294
2026-07-106.093.9650.2013214867Upward Expansion7686
2026-07-036.043.8753.4910653968Upward Expansion8188
2026-06-266.223.8061.4818798939Upward Expansion9293
2026-06-195.203.7130.9015572562Upward Expansion7786
2026-06-124.983.6630.1613413964Upward Expansion7584
2026-06-055.023.6235.6416263930Upward Expansion8083
2026-05-294.803.5425.0411577463Upward Expansion8084
2026-05-224.403.4918.8812791466Upward Expansion7177
2026-05-154.153.4614.2412506588Upward Expansion6572
2026-05-084.853.4333.9922047269Upward Expansion8773
2026-05-013.733.379.855536160Balance2424
2026-04-243.553.356.6910481878Balance-1711
2026-04-173.393.334.5312088408Rotation Down-4429
2026-04-103.073.300.998028109Rotation Down-5554
2026-04-032.953.291.767025710Rotation Down-2947
2026-03-272.863.282.759522172Balance-3532
2026-03-202.983.263.6212147409Balance-2012
2026-03-133.083.245.159149153Balance03
2026-03-063.553.2320.005919761Balance1813
2026-02-273.563.1818.797446828Balance1320
2026-02-203.103.142.983426215Balance-224
2026-02-132.963.12-1.605154393Balance-718
2026-02-063.143.111.915813145Upward Expansion2112
2026-01-303.363.095.444669802Upward Expansion5135
2026-01-233.713.0714.514173363Upward Expansion5446
2026-01-163.923.0319.206801525Deceleration6441
2026-01-093.932.9717.256312680Deceleration6735
2026-01-023.402.912.454214507Upward Expansion3822
2025-12-263.272.87-5.014469061Upward Expansion4329
2025-12-193.432.84-0.976093135Upward Expansion5843
2025-12-123.602.802.818206197Upward Expansion6258
2025-12-053.702.751.985592274Upward Expansion6770
2025-11-283.622.69-0.453699405Upward Expansion6752
2025-11-213.752.646.379770279Upward Expansion7653
2025-11-143.642.58-1.227004268Upward Expansion7852
2025-11-072.872.52-22.959072115Upward Expansion5843
2025-10-313.142.49-19.627966801Upward Expansion6469
2025-10-243.412.45-13.795030724Upward Expansion7579
2025-10-173.302.41-16.927527193Upward Expansion7576
2025-10-103.192.38-20.4013244838Upward Expansion7471
2025-10-033.092.35-26.907054405Upward Expansion7266
2025-09-262.822.35-34.495369582Balance6153
2025-09-192.702.36-39.598603693Balance5641
2025-09-122.672.41-40.976147415Balance2624
2025-09-052.512.46-45.283434664Balance1712
2025-08-292.422.53-48.693991507Balance-169
2025-08-222.452.61-49.934795191Balance-1813
2025-08-152.612.72-48.8110186845Downward Expansion-1510
2025-08-082.202.79-58.1010208433Downward Expansion-3520
2025-08-012.222.88-57.516047998Downward Expansion-1713
2025-07-252.692.99-51.336978523Downward Expansion321
2025-07-182.433.09-56.927989027Downward Expansion-921
2025-07-112.733.18-52.2610317467Downward Expansion-115
2025-07-042.673.28-54.606017776Downward Expansion-2020
2025-06-272.473.36-58.0914335797Downward Expansion-3330
2025-06-202.063.47-64.276547495Downward Expansion-5446
2025-06-132.133.57-63.788054901Downward Expansion-4642
2025-06-062.393.65-60.396326109Downward Expansion-4442
2025-05-302.253.74-62.826664297Downward Expansion-4750
2025-05-232.223.91-63.519385298Downward Expansion-4952
2025-05-162.104.07-67.3213241841Downward Expansion-5256
2025-05-091.984.28-68.127502597Downward Expansion-6463
2025-05-022.074.48-67.706482718Downward Expansion-6678
2025-04-252.044.68-67.7710341377Downward Expansion-6878
2025-04-181.774.89-70.887400610Downward Expansion-7584
2025-04-111.835.11-71.1414485292Downward Expansion-7787
2025-04-041.945.33-67.7817076235Downward Expansion-7988
2025-03-282.365.57-65.3115233272Downward Expansion-7388
2025-03-212.265.79-68.1027549470Downward Expansion-8292
2025-03-142.456.01-66.0712617336Downward Expansion-8693
2025-03-072.966.25-60.6624248716Downward Expansion-8389
2025-02-283.226.44-59.1836867749Downward Expansion-8385
2025-02-214.116.64-50.3314700624Downward Expansion-7374
2025-02-144.206.81-51.0713252937Downward Expansion-7362
2025-02-074.586.96-45.396909809Downward Expansion-6649
2025-01-314.937.10-41.4211002853Downward Expansion-5839
2025-01-245.627.17-34.377689078Downward Expansion-5436
2025-01-174.777.22-43.7710282874Downward Expansion-6242
2025-01-104.857.31-41.5911285428Downward Expansion-5639
2025-01-035.687.40-33.604330951Downward Expansion-4534
2024-12-275.507.49-36.614864708Downward Expansion-4940
2024-12-205.377.60-37.949254167Downward Expansion-6148
2024-12-135.677.78-36.387757601Downward Expansion-6252
2024-12-065.057.97-43.217572460Downward Expansion-6879
2024-11-295.678.15-34.417832291Downward Expansion-6781
2024-11-225.228.26-39.339337751Downward Expansion-7084
2024-11-154.428.34-47.8817020260Downward Expansion-8888
2024-11-085.088.44-42.4718490195Downward Expansion-8676
2024-11-017.468.55-11.186462424Downward Expansion-6052
2024-10-257.028.57-18.087813178Downward Expansion-7056
2024-10-188.358.62-2.825657482Deceleration-5138
2024-10-118.018.64-6.855369483Deceleration-5541
2024-10-047.898.62-7.635407874Deceleration-2922
2024-09-278.428.62-2.275798673Deceleration-910
2024-09-208.448.59-2.189945526Deceleration2111
2024-09-138.398.59-2.308316758Deceleration2310
2024-09-069.058.4810.388342570Deceleration4626
2024-08-309.058.373.016595287Deceleration4827
2024-08-238.918.24-0.2611400453Deceleration5035
2024-08-169.688.168.3629630691Deceleration6245
2024-08-098.548.04-0.0014198756Deceleration3929
2024-08-029.377.989.076358579Deceleration4835
2024-07-269.167.882.307420225Deceleration4123
2024-07-198.647.80-6.958381310Deceleration1311
2024-07-128.947.73-8.9010759902Deceleration1222
2024-07-056.997.64-30.046255821Deceleration-2939
2024-06-287.167.58-27.1423904231Deceleration-2434
2024-06-217.247.52-27.668223505Deceleration424
2024-06-147.527.45-26.158698164Upward Expansion2317
2024-06-078.617.37-14.198521174Upward Expansion6047
2024-05-318.677.25-12.679648750Upward Expansion6477
2024-05-2410.857.195.857053575Upward Expansion7589
2024-05-1711.327.0410.619216404Upward Expansion8583
2024-05-1010.466.893.1414734432Upward Expansion7950
2024-05-038.976.80-11.868759488Upward Expansion6837
2024-04-267.706.81-25.067822355Upward Expansion4124
2024-04-197.306.88-27.638045348Upward Expansion5535
2024-04-128.406.96-22.948640716Rotation Up6458
2024-04-057.957.03-28.8315813505Rotation Up3554
2024-03-298.677.13-24.458233828Rotation Up4665
2024-03-228.767.18-25.4216612362Rotation Up4966
2024-03-157.707.23-33.6714704125Rotation Up2538
2024-03-087.677.31-36.0410154719Rotation Up2331
2024-03-017.597.40-39.0815616822Rotation Up414
2024-02-238.367.53-33.3133544539Rotation Up410
2024-02-165.317.64-57.8915535929Downward Expansion-6659
2024-02-095.527.88-57.898534143Downward Expansion-6449
2024-02-025.248.12-60.1510896194Downward Expansion-6843
2024-01-266.478.35-51.317910333Downward Expansion-3524
2024-01-196.258.55-53.644353689Downward Expansion-3625
2024-01-126.518.78-51.379954887Downward Expansion-3727
2024-01-056.549.02-50.559674902Downward Expansion-3929
2023-12-296.559.24-52.915713080Downward Expansion-4640
2023-12-226.619.46-53.338934423Downward Expansion-5151
2023-12-156.239.68-56.4713453667Downward Expansion-6563
2023-12-085.129.91-63.799572596Downward Expansion-7068
2023-12-015.3710.24-62.5012191961Downward Expansion-6878
2023-11-245.3510.54-63.2512221387Downward Expansion-7386
2023-11-175.0210.82-65.8515549114Downward Expansion-8493
2023-11-105.1311.14-65.0724941189Downward Expansion-9096
2023-11-036.9011.44-52.6211803983Downward Expansion-7189
2023-10-276.2211.66-55.3910132607Downward Expansion-9095
2023-10-206.9111.92-52.6815329538Downward Expansion-8992
Price vs TrendAbove+33.8%
Trend directionRising+29.2%
Price vs current Fair ValuePremium+41.0%
Fair Value directionClosing upward+31.1%
Relative Strength vs benchmarkLeading+42.8%
Relative strength directionWeakening-7.4%
Price momentumPositive+142.3%
Volume balanceSupply-led0.91ร—
Beyond the current label

Is the structure strengthening or losing force?

Direction and energy measure different things

Direction shows the upward or downward lean. Energy shows the force behind the structural move: high energy can accompany a strong decline as well as an advance.

Direction

53 / ยฑ100

-6.0 points since 2026-09-11

Energy

37 /100

-13.4 points since 2026-09-11

Recent change compares the latest reading with four observations earlier. Missing readings remain unavailable. Use the chart values above to inspect individual observations.

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated
Balance30
Rotation Up43
Upward Expansion73
Deceleration72
Rotation Down24
Downward Expansion5

The winning regime is the state most consistent with the complete SM evidence set. Direction, energy, maturity and confidence describe different aspects of the current structure, while contradictory evidence remains visible rather than being averaged into false certainty.

Time spent in each state

The context behind todayโ€™s regime

2023-10-20 to 2026-10-09 ยท 156 classified observations out of 156 shown.

Balance 10%Rotation Up 5%Upward Expansion 31%Deceleration 13%Rotation Down 2%Downward Expansion 39%
Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Upward Expansion2026-05-082026-10-09Established+53.4%
Balance2026-04-242026-05-01New+5.1%
Rotation Down2026-04-032026-04-17New+14.9%
Balance2026-02-132026-03-27Developing-3.4%
Upward Expansion2026-01-232026-02-06New-15.4%
Deceleration2026-01-092026-01-16New-0.3%
Upward Expansion2025-10-032026-01-02Established+10.0%
Balance2025-08-222025-09-26Developing+15.1%
Downward Expansion2024-10-252025-08-15Extended-62.8%
Deceleration2024-06-212024-10-18Established+15.3%
Upward Expansion2024-04-192024-06-14Developing+3.0%
Rotation Up2024-02-232024-04-12Developing+0.5%
Downward Expansion2023-07-142024-02-16Extended-58.5%
Balance2023-03-102023-07-07Established-16.9%
Classic Stage Analysis comparison
Stage 1 ยท Basing17
Stage 2 ยท Advancing100
Stage 3 ยท Distribution53
Stage 4 ยท Declining0

Legacy result: Stage 2 ยท Stage 2C ยท Late advance. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus QQQ

Is relative performance confirming the geometry?

Confirmation, not classification

Relative Strength

The security is compared with its market benchmark on the SM scale. Above zero indicates relative leadership; direction shows whether that leadership is improving or weakening.

Confirmation evidence

Leading benchmark

Architecture confirmation
83/100
Current Relative Strength
42.84
Relative Strength direction
Weakening
Price momentum
+142.3%
Excess performance vs benchmark
+119.4%
Healthcare regime cohort
19th percentile135 in cohort
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume1.05ร—

Latest completed volume relative to typical participation.

Up/down volume0.91ร—

Participation balance between advancing and declining observations.

Accumulation / distribution2 / 3

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+0.0%

Whether recent Activity evidence is stable or remains in balance.

Weekly volume with architecture context

Bars show completed weekly volume; the dashed line provides typical-volume context. Both measures use the same scale.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity USD 7.47rising
Slow Activity USD 6.44rising
Trend Reference USD 5.56+33.8% close margin
Current Fair Value USD 5.28+41.0% close margin
Structural low USD 3.03shock / repair context
What changes the read?

Sustained fan recompression, a fast-line rollover or repeated closes inside/below the fan move the read toward Deceleration or Rotation Down.

Range context +15.7%
Annualized volatility +88.4%
From structural high -21.0%
From structural low +192.3%
Point-in-time evidence

What followed this architecture in this market?

Descriptive history, never a forecast

Historical comparisons use only the structural read that would have been available at each completed observation. Independent observations are used where possible, with benchmark comparison beginning after each recognized state.

Outcome horizon Samples Median movePositive periodsDirectional follow-through Median excess vs QQQ Regime survived Read
Near term13+8.8%-33.6% to +55.1%+69.2%+69.2%+12.2%+84.6%Usable descriptive sample
Intermediate4+14.2%-13.2% to +28.5%+75.0%+75.0%+5.9%+50.0%Too little matched history
Extended2+4.9%-4.5% to +14.4%+50.0%+50.0%-3.5%+0.0%Too little matched history
Full cycle2+40.0%-75.8% to +155.7%+50.0%+50.0%+23.8%+50.0%Too little matched history
Evidence framework

What the analysis measures and where its limits lie

Trend Architecture

Trend Architecture brings Price, Fast Activity, Slow Activity and Trend into one structural read. It identifies balance, rotation, expansion, deceleration and contraction while requiring persistent evidence for confirmed regime changes.

Evidence roles

Trend, Activity, relative strength, volume and Fair Value each have a defined role in the SM evidence framework. No single reading is treated as sufficient on its own, and conflicting evidence remains visible.

Fair Value and RS

Current Fair Value provides a long-term price anchor and shows whether price is trading above, below or repairing toward that reference. Relative Strength compares the security with its benchmark and shows whether leadership is improving or weakening.

Known limitations

Weekly structure recognizes conditions after they develop. Event gaps can bypass smooth transitions, sideways markets can rotate repeatedly, and historical samples for a particular regime can be thin.

Independent market research for education. Not investment advice, a recommendation, a forecast, a target, or an execution instruction. Historical regime behaviour does not establish what happens next.

Evidence context