MICROVISION INC (MVIS) Stock Technical Analysis
NASDAQ:MVIS - Nasdaq - US5949603048 - Common Stock - Currency: USD
We assign a technical rating of 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
79% of all other stocks performed better in the past year than MVIS.
MVIS is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 67% 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.
In the last month MVIS has a been trading in the 1.00 - 1.29 range, which is quite wide. It is currently trading near the lows of this range.
MVIS has an average volume of 4046250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MVIS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.06
1.46
We can see 3 important resistance areas.
- A resistance zone ranging from 1.10 to 1.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.19 to 1.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.45 from a trend 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 | DOWN | NEGATIVE | The short term trend for MVIS is down. |
| ChartMill Relative Strength | 21.71 | NEGATIVE | MVIS has a low relative strength, it was outperformed by 78.29% 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) | UP | MIXED | The current price of MVIS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.07 | NEUTRAL | The RSI value for MVIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MVIS has a negative trend. |
| Stochastics (14,3) | 25.3 | NEUTRAL | The Stochastics value for MVIS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.95 | HIGH VOLATILITY | The high ATR as a percentage value for MVIS suggests high volalility. |
| Average Directional Index/ADX (14) | 10.11 | NEGATIVE | The low ADX value for MVIS suggests a weak or negative 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)
1.07
-0.02 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.83%
1 Week-4.46%
2 Weeks-10.83%
1 Month-11.57%
3 Month-28.67%
6 Month4.9%
12 Month-6.96%
2 Year-77.19%
3 Year-70.28%
5 Year21.6%
10 Year-66.87%
15 Year-94.99%
Volatility
ATR(14)0.08
ATR(20)%6.95%
ATR Inc-20.75%
Range Today0.05
ADR(20)0.07
ADR(20)%6.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.71
Mansfield-0.93
10 Day High1.29
10 Day Low1
20 Day High1.29
20 Day Low1
52 Week High1.95
52 Week Low0.8
CS1 EndN/A
CR1 Start1.1
Volume & EV
DER(3)-3.47%
DER(5)-4.91%
Volume2.31M
Volume Incr0.9%
Vol(5)3.38M
Vol(50)4.05M