| MVIS latest price $6.7100 (2.44%) ($6.5100 - $7.6600) on Mon. Dec. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.41% (three month average) |
RSI | 82 |
Latest Price | $6.7100(2.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MVIS advances 5% a day on average for past five trading days. |
Weekly Trend | MVIS advances 61.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support MVIS advance at 0% a week (0% probability) ARKG(55%) ARKK(53%) ACES(52%) IWO(52%) BLOK(51%) |
Factors Impacting MVIS price | MVIS will decline at least -5.705% in a week (0% probabilities). VXX(-28%) VIXM(-22%) UUP(-15%) TLT(-9%) XLP(-1%) |
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 | -5.705% (StdDev 11.41%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
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