Marqeta Inc

MQ remains in a structural downtrend below the 200-day SMA with a confirmed Bearish Pivot Point marking resumed mean-reversion lower. Medium-term bias is bearish, with downward pressure expected to continue absent a reclaim of the 200-day SMA. Short-term price is tightly coiling around the 9/20 EMAs above the 50 SMA, offering no clear timing edge. Execution should be deferred, trimming into any bounce toward the EMAs or the 200-day SMA.

• ↑Q1 revenue $166M (+19% YoY) and first GAAP net income $8M
• ↑TPV jumped 33% YoY to $112B, underpinning gross profit up 19%
• ↓Profit margins pressured; negative profitability factor indicates weak returns