| MVIS latest price $14.7200 (27.56%) ($14.7200 - $14.7200) on Mon. Feb. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.86% (three month average) |
RSI | 84 |
Latest Price | $14.7200(27.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MVIS advances 16% a day on average for past five trading days. |
Weekly Trend | MVIS advances 27.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MVIS advance at 0% a week (0% probability) IWC(58%) ARKG(57%) ARKK(57%) ACES(56%) IWO(56%) |
Factors Impacting MVIS price | MVIS will decline at least -5.93% in a week (0% probabilities). VXX(-31%) VIXM(-27%) UUP(-22%) TLT(-14%) BNDX(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -5.93% (StdDev 11.86%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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