MICROVISION INC (MVIS) Technical Analysis
NASDAQ:MVIS • US5949603048
Current stock price
MVIS Technical Rating and Analysis
Overall MVIS gets a technical rating of 0 out of 10. MVIS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, MVIS is a bad performer in the overall market: 93% of all stocks are doing better.
- MVIS is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 82% are performing better than MVIS.
- MVIS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MVIS is lagging the market.
- MVIS has an average volume of 5809140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month MVIS has a been trading in the 0.51 - 0.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MVIS Weekly and Daily overview Charts
MVIS Setup Rating and Analysis
MVIS has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
MVIS Support and Resistance Analysis
0.66
We can see 5 important resistance areas.
- A resistance zone ranging from 0.68 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.77 to 0.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.79 from a trend line in the daily time frame.
- Resistance @1.00 from a horizontal line in the daily time frame.
- Resistance @1.22 from a trend line in the weekly time frame.
MVIS Technical Indicator Signal Analysis
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 | 7.63 | NEGATIVE | MVIS has a low relative strength, it was outperformed by 92.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MVIS is below a declining 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) | 47.73 | NEUTRAL | The Stochastics value for MVIS is a neutral value. |
| Average True Range in percent/ATR (20) | 10.89 | HIGH VOLATILITY | The high ATR as a percentage value for MVIS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.19 | NEGATIVE | The low ADX value for MVIS suggests a weak or negative trend. |
MVIS Chart- and CandleStick Pattern Analysis
MVIS Technicals: Chart, Performance Metrics, Trend & Indicators
0.6687
-0.02 (-2.73%)
MICROVISION INC / MVIS TA FAQ
What is the ChartMill technical rating of MICROVISION INC (MVIS) stock?
ChartMill assigns a technical rating of 0 / 10 to MVIS.
Can you provide the trend direction for MICROVISION INC?
The current trend direction for MICROVISION INC (MVIS) is Bearish.
Can you provide the RSI signal for MICROVISION INC?
MICROVISION INC (MVIS) has an RSI value of 48.4548. This indicates that the stock is currently neutral.
What is the MACD signal for MICROVISION INC (MVIS) stock?
The MACD indicator for MICROVISION INC (MVIS) has a value of 0.0102124, indicating a bearish trend.