| MVIS latest price $20.1500 (11.39%) ($20.1500 - $20.1500) on Fri. Jun. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.73% (three month average) |
RSI | 73 |
Latest Price | $20.1500(11.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MVIS advances 5.5% a day on average for past five trading days. |
Weekly Trend | MVIS advances 13.5% 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(68%) ARKK(68%) IWO(67%) IBUY(66%) ACES(65%) |
Factors Impacting MVIS price | MVIS will decline at least -6.365% in a week (0% probabilities). VIXM(-45%) VXX(-38%) UUP(-22%) TLT(-15%) BNDX(-5%) |
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 | -6.365% (StdDev 12.73%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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