MICROVISION INC.
MICROVISION INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MVIS
ISIN:

MICROVISION INC. - Daily - Technical analysis published on 02/28/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
11%
39%
50%
My opinion
Bullish above 12.39 USD
My targets
17.27 USD (+16.16%)
20.73 USD (+39.39%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 12.39 USD remains possible. It is advisable to trade MICROVISION INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 12.39 USD. The next bullish objective for buyers is set at 17.27 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 20.73 USD. If there is any crossing, the next objective would be the resistance located at 23.72 USD. PS: if there is a bearish break in the support located at 12.39 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.3

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This analysis was given by savas. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The MICROVISION INC. rating is 14.87 USD. The price is lower by -8.10% since the last closing and was between 14.19 USD and 16.17 USD. This implies that the price is at +4.79% from its lowest and at -8.04% from its highest.

14.19
16.17
14.87

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in Daily of this MICROVISION INC. chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily



In fact, only 7 technical indicators out of 18 studied are currently positioned bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7.09 9.27 10.12 14.87 23.72 34.56 44.56
Change (%) -52.32% -37.66% -31.94% - +59.52% +132.41% +199.66%
Change -7.78 -5.60 -4.75 - +8.85 +19.69 +29.69
Level Intermediate Major Minor - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.8014.3015.2416.7417.6819.1820.12
Camarilla15.5115.7315.9616.1816.4016.6316.85
Woodie12.5214.1614.9616.6017.4019.0419.84
Fibonacci14.3015.2315.8116.7417.6718.2519.18


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.5914.0517.2720.7323.9527.4130.63
Camarilla18.6619.2819.8920.5021.1121.7322.34
Woodie10.4813.9917.1620.6723.8427.3530.52
Fibonacci14.0516.6018.1820.7323.2824.8627.41


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.533.205.156.828.7710.4412.39
Camarilla6.116.446.777.117.447.778.10
Woodie1.683.275.306.898.9210.5112.54
Fibonacci3.204.585.436.828.209.0510.44

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 52.40
MACD (12,26,9): 2.4400
Directional Movement: 8.74
AROON (14): 42.86
DEMA (21): 18.50
Parabolic SAR (0,02-0,02-0,2): 23.58
Elder Ray (13): -1.15
Super Trend (3,10): 13.86
Zig ZAG (10): 14.87
VORTEX (21): 1.0000
Stochastique (14,3,5): 42.06
TEMA (21): 18.94
Williams %R (14): -77.58
Chande Momentum Oscillator (20): -0.03
Repulse (5,40,3): -11.9500
ROCnROLL: -1
TRIX (15,9): 4.2700
Courbe Coppock: 165.54
MA7: 17.40
MA20: 14.94
MA50: 9.73
MA100: 6.00
MAexp7: 16.80
MAexp20: 15.08
MAexp50: 10.95
MAexp100: 7.71
Price / MA7: -14.54%
Price / MA20: -0.47%
Price / MA50: +52.83%
Price / MA100: +147.83%
Price / MAexp7: -11.49%
Price / MAexp20: -1.39%
Price / MAexp50: +35.80%
Price / MAexp100: +92.87%

Quotes : 2021-02-26 20:59:59 - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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