| MVIS latest price $13.9800 (-5.89%) ($13.9800 - $13.9800) on Wed. Feb. 10, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 11.9% (three month average) |
RSI | 83 |
Latest Price | $13.9800(-5.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MVIS advances 7.8% a day on average for past five trading days. |
Weekly Trend | MVIS advances 40.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off 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 -5.95% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.95% (StdDev 11.9%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
| |
|
|