| MVIS latest price $15.9650 (-7.8%) ($15.9650 - $15.9650) on Thu. Mar. 18, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 13.55% (three month average) |
RSI | 56 |
Latest Price | $15.9650(-7.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MVIS advances 1.3% a day on average for past five trading days. |
Weekly Trend | MVIS advances 6% a week on average for past two weeks. |
Market Behavior | Broad based 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(58%) ARKK(58%) ACES(57%) IWO(57%) IWC(56%) |
Factors Impacting MVIS price | MVIS will decline at least -6.775% in a week (0% probabilities). VXX(-31%) VIXM(-28%) UUP(-21%) TLT(-11%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -6.775% (StdDev 13.55%) |
Hourly BBV | -1.6 () |
Intraday Trend | 0% |
| |
|
|