0.9415 USD
+0.03 (+3.27%)
0.95 USD
+0.01 (+0.9%)
We assign a technical rating of 1 out of 10 to MVIS. MVIS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
82% of all other stocks performed better in the past year than MVIS.
MVIS is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 63% of 124 stocks in the same industry do better.
MVIS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MVIS has a been trading in the 0.81 - 1.01 range, which is quite wide. It is currently trading near the high of this range.
MVIS has an average volume of 5933730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, MVIS does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.93, a Stop Loss order could be placed below this zone.
More info and screens
0.88
1.41
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.91 to 0.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.89 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @0.95 from a horizontal line in the weekly time frame.
- Resistance @0.98 from a horizontal line in the daily time frame.
- Resistance @1.00 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.33 to 1.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.40 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MVIS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MVIS is neutral. |
| ChartMill Relative Strength | 18.22 | NEGATIVE | MVIS has a low relative strength, it was outperformed by 81.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MVIS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MVIS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MVIS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.45 | NEUTRAL | The RSI value for MVIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MVIS has a positive trend. |
| Stochastics (14,3) | 51.13 | NEUTRAL | The Stochastics value for MVIS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.14 | HIGH VOLATILITY | The high ATR as a percentage value for MVIS suggests high volalility. |
| Average Directional Index/ADX (14) | 22.65 | NEUTRAL | The ADX value for MVIS suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.9415
+0.03 (+3.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg3.27%
1 Week-0.26%
2 Weeks2.67%
1 Month2.66%
3 Month-27.02%
6 Month-17.41%
12 Month-4.45%
2 Year-64.61%
3 Year-59.94%
5 Year-82.5%
10 Year-67.08%
15 Year-93.67%
Volatility
ATR(14)0.07
ATR(20)%7.14%
ATR Inc37.03%
Range Today0.12
ADR(20)0.07
ADR(20)%7.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.22
3 months CRS11.56
6 months CRS14.92
Mansfield-3.03
10 Day High1.01
10 Day Low0.86
20 Day High1.01
20 Day Low0.81
52 Week High1.95
52 Week Low0.81
CS1 End0.93
CR1 Start0.95
Volume & EV
DER(3)-1.23%
DER(5)-6.29%
Volume18.21M
Volume Incr53.41%
Vol(5)7.54M
Vol(50)5.93M
MICROVISION INC / MVIS FAQ
What is the ChartMill technical rating of MICROVISION INC (MVIS) stock?
ChartMill assigns a technical rating of 1 / 10 to MVIS.
What is the current trend direction of MICROVISION INC (MVIS) stock?
The current trend direction for MICROVISION INC (MVIS) is Bearish.
What is the RSI signal for MVIS stock?
MICROVISION INC (MVIS) has an RSI value of 48.4462. This indicates that the stock is currently neutral.
What is the MACD signal for MVIS stock?
The MACD indicator for MICROVISION INC (MVIS) has a value of 0.00959953, indicating a bearish trend.