| MVIS latest price $5.6000 (-4.27%) ($5.4800 - $5.9700) on Tue. Jan. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.57% (three month average) |
RSI | 57 |
Latest Price | $5.6000(-4.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MVIS advances 0.4% a day on average for past five trading days. |
Weekly Trend | MVIS declines -9.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MVIS advance at 0% a week (0% probability) ARKG(56%) ARKK(56%) IWC(55%) IWO(55%) ACES(54%) |
Factors Impacting MVIS price | MVIS will decline at least -5.785% in a week (0% probabilities). VXX(-32%) VIXM(-27%) UUP(-21%) TLT(-12%) BNDX(0%) |
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 | -5.785% (StdDev 11.57%) |
Hourly BBV | 0 () |
Intraday Trend | -4.9% |
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