| MVIS latest price $21.2800 (-4.64%) ($21.2800 - $21.2800) on Wed. Jun. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.59% (three month average) |
RSI | 78 |
Latest Price | $21.2800(-4.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MVIS advances 2.2% a day on average for past five trading days. |
Weekly Trend | MVIS advances 21.2% a week on average for past two weeks. |
Market Behavior | Value stocks 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(68%) ARKK(68%) IWO(68%) ACES(66%) IBUY(66%) |
Factors Impacting MVIS price | MVIS will decline at least -6.295% in a week (0% probabilities). VIXM(-46%) VXX(-39%) UUP(-21%) 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 | -6.295% (StdDev 12.59%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0% |
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