| MVIS latest price $3.6750 (-7.66%) ($3.6750 - $3.6750) on Thu. May. 5, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.4% (three month average) |
RSI | 56 |
Latest Price | $3.6750(-7.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MVIS advances 3.1% a day on average for past five trading days. |
Weekly Trend | MVIS advances 7.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MVIS advance at 0% a week (0% probability) ACES(98%) TAN(98%) IVE(94%) QQQ(93%) EDOC(90%) |
Factors Impacting MVIS price | MVIS will decline at least -3.7% in a week (0% probabilities). SHY(-39%) BNDX(-32%) UUP(-30%) VCSH(-22%) VCIT(-18%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -3.7% (StdDev 7.4%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
| |
|
|