| MVIS latest price $16.9100 (-3.62%) ($16.9100 - $16.9100) on Tue. Mar. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.83% (three month average) |
RSI | 59 |
Latest Price | $16.9100(-3.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MVIS advances 0.9% a day on average for past five trading days. |
Weekly Trend | MVIS declines -3.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MVIS advance at 0% a week (0% probability) ARKG(60%) ARKK(60%) ACES(59%) IWO(59%) IWC(58%) |
Factors Impacting MVIS price | MVIS will decline at least -6.915% in a week (0% probabilities). VXX(-32%) VIXM(-30%) UUP(-22%) TLT(-11%) 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 | -6.915% (StdDev 13.83%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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