| MVIS latest price $6.6500 (-28.26%) ($6.5400 - $8.4000) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.32% (three month average) |
RSI | 84 |
Latest Price | $6.6500(-28.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MVIS advances 9.1% a day on average for past five trading days. |
Weekly Trend | MVIS advances 64.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MVIS advance at 0% a week (0% probability) EDOC(7%) SHY(7%) VIXM(7%) BND(5%) TIP(5%) |
Factors Impacting MVIS price | MVIS will decline at least -5.66% in a week (0% probabilities). XRT(-9%) UNG(-8%) IWC(-8%) ICLN(-8%) EWP(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -5.66% (StdDev 11.32%) |
Hourly BBV | 0 () |
Intraday Trend | -20.4% |
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