| MVIS latest price $25.9800 (44.57%) ($25.9800 - $25.9800) on Mon. Apr. 26, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 14.33% (three month average) |
RSI | 70 |
Latest Price | $25.9800(44.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MVIS advances 24% a day on average for past five trading days. |
Weekly Trend | MVIS advances 9.1% a week on average for past two weeks. |
Market Behavior | Growth 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) ARKK(60%) ARKG(59%) IWO(59%) ACES(57%) IBUY(57%) |
Factors Impacting MVIS price | MVIS will decline at least -7.165% in a week (0% probabilities). VIXM(-34%) VXX(-33%) UUP(-23%) TLT(-9%) BNDX(-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 | -7.165% (StdDev 14.33%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
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