| MVIS latest price $17.7400 (1.6%) ($17.7400 - $17.7400) on Mon. Mar. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.75% (three month average) |
RSI | 55 |
Latest Price | $17.7400(1.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MVIS advances 8.1% a day on average for past five trading days. |
Weekly Trend | MVIS declines -1.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MVIS advance at 0% a week (0% probability) ARKG(59%) ARKK(58%) ACES(57%) IWO(57%) IWC(56%) |
Factors Impacting MVIS price | MVIS will decline at least -6.875% in a week (0% probabilities). VXX(-31%) VIXM(-29%) UUP(-22%) TLT(-11%) IGOV(-6%) |
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 | -6.875% (StdDev 13.75%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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