| MVIS latest price $11.5400 (11.98%) ($9.8300 - $11.5400) on Fri. Feb. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 11.5% (three month average) |
RSI | 81 |
Latest Price | $11.5400(11.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MVIS advances 10.6% a day on average for past five trading days. |
Weekly Trend | MVIS advances 17.6% a week on average for past two weeks. |
Market Behavior | Broad based 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(57%) ARKK(57%) IWC(57%) IWO(57%) ACES(56%) |
Factors Impacting MVIS price | MVIS will decline at least -5.75% in a week (0% probabilities). VXX(-32%) VIXM(-27%) UUP(-22%) TLT(-14%) BNDX(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.75% (StdDev 11.5%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
| |
|
|