| MVIS latest price $19.8900 (-15.88%) ($19.8900 - $19.8900) on Wed. Feb. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.05% (three month average) |
RSI | 85 |
Latest Price | $19.8900(-15.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MVIS advances 5.7% a day on average for past five trading days. |
Weekly Trend | MVIS advances 58.6% a week on average for past two weeks. |
Market Behavior | Value stock rally 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(57%) ARKK(57%) IWC(57%) IWO(57%) ACES(56%) |
Factors Impacting MVIS price | MVIS will decline at least -6.525% in a week (0% probabilities). VXX(-31%) VIXM(-27%) UUP(-22%) TLT(-13%) IGOV(-2%) |
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 | -6.525% (StdDev 13.05%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0% |
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