MICROVISION INC (MVIS) Technical Analysis
NASDAQ:MVIS • US5949603048
Current stock price
MVIS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MVIS. 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 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.
- 92% of all other stocks performed better in the past year than MVIS.
- MVIS is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 81% are performing better than MVIS.
- 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- MVIS has an average volume of 5423760 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 0.57 - 0.73 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 bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.70. Right above this resistance zone may be a good entry point.
More info and screens
MVIS Support and Resistance Analysis
0.57
We found 1 important support area.
- Support @0.58 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.70 to 0.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.74 from a trend line in the daily time frame.
- Resistance @1.19 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 | 8.04 | NEGATIVE | MVIS has a low relative strength, it was outperformed by 91.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MVIS is above 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) | 51.25 | 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) | 79.88 | NEUTRAL | The Stochastics value for MVIS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.09 | HIGH VOLATILITY | The high ATR as a percentage value for MVIS suggests high volalility. |
| Average Directional Index/ADX (14) | 10.7 | 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
0.6584
+0.01 (+1.57%)
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.
What is the RSI signal for MICROVISION INC (MVIS) stock?
MICROVISION INC (MVIS) has an RSI value of 51.2543. This indicates that the stock is currently neutral.
What is the short term momentum for MICROVISION INC (MVIS) stock?
The short term momentum for MICROVISION INC (MVIS) is neutral.
What is the support and resistance level for MVIS stock?
MICROVISION INC (MVIS) has a support level at 0.58 and a resistance level at 0.7. Check the full technical report for our detailed analysis of MVIS support and resistance levels.