| MVIS latest price $20.4450 (13.11%) ($20.4450 - $20.4450) on Fri. Feb. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.17% (three month average) |
RSI | 85 |
Latest Price | $20.4450(13.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MVIS advances 2.3% a day on average for past five trading days. |
Weekly Trend | MVIS advances 49.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MVIS advance at 0% a week (0% probability) ARKG(57%) ARKK(57%) ACES(56%) IWC(56%) IWO(56%) |
Factors Impacting MVIS price | MVIS will decline at least -6.585% in a week (0% probabilities). VXX(-31%) VIXM(-28%) UUP(-22%) TLT(-14%) IGOV(-3%) |
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 | -6.585% (StdDev 13.17%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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