MICROVISION INC. - Weekly - Technical analysis published on 02/01/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 4.17 USD
My targets
3.33 USD (-2.35%)
1.65 USD (-51.61%)
My analysis
MICROVISION INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 4.17 USD. The next support located at 3.33 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.65 USD. Below this support, sellers could then target 1.22 USD.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
5.5
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Additional analysis
Quotes
The MICROVISION INC. rating is 3.41 USD. Over 5 days, this instrument gained +13.67% with the lowest point at 2.61 USD and the highest point at 2.86 USD. The deviation from the price is +30.65% for the low point and +19.23% for the high point.2.61
2.86
3.41
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of MICROVISION INC. in Weekly shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA50 & AMA100
Type : Bearish
Timeframe : Weekly
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Weekly
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 1.22 | 3.41 | 7.61 | 10.16 | 15.90 |
| Change (%) | -64.22% | - | +123.17% | +197.95% | +366.28% |
| Change | -2.19 | - | +4.20 | +6.75 | +12.49 |
| Level | Major | - | Minor | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.35 | 2.58 | 3.00 | 3.23 | 3.65 | 3.88 | 4.30 |
| Camarilla | 3.23 | 3.29 | 3.35 | 3.41 | 3.47 | 3.53 | 3.59 |
| Woodie | 2.44 | 2.63 | 3.09 | 3.28 | 3.74 | 3.93 | 4.39 |
| Fibonacci | 2.58 | 2.83 | 2.99 | 3.23 | 3.48 | 3.64 | 3.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.72 | 2.17 | 2.49 | 2.94 | 3.26 | 3.71 | 4.03 |
| Camarilla | 2.61 | 2.68 | 2.75 | 2.82 | 2.89 | 2.96 | 3.03 |
| Woodie | 1.67 | 2.14 | 2.44 | 2.91 | 3.21 | 3.68 | 3.98 |
| Fibonacci | 2.17 | 2.46 | 2.64 | 2.94 | 3.23 | 3.41 | 3.71 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.65 | 3.33 | 4.17 | 5.85 | 6.69 | 8.37 | 9.21 |
| Camarilla | 4.32 | 4.55 | 4.78 | 5.01 | 5.24 | 5.47 | 5.70 |
| Woodie | 1.23 | 3.12 | 3.75 | 5.64 | 6.27 | 8.16 | 8.79 |
| Fibonacci | 3.33 | 4.29 | 4.89 | 5.85 | 6.81 | 7.41 | 8.37 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 29.52 | |
| MACD (12,26,9): | -2.4300 | |
| Directional Movement: | -18.40 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 3.73 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.95 | |
| Elder Ray (13): | -2.26 | |
| Super Trend (3,10): | 7.24 | |
| Zig ZAG (10): | 3.41 | |
| VORTEX (21): | 0.6300 | |
| Stochastique (14,3,5): | 4.89 | |
| TEMA (21): | 2.09 | |
| Williams %R (14): | -89.10 | |
| Chande Momentum Oscillator (20): | -5.88 | |
| Repulse (5,40,3): | -15.1400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -2.8800 | |
| Courbe Coppock: | 115.78 |
| MA7: | 3.02 | |
| MA20: | 3.83 | |
| MA50: | 5.39 | |
| MA100: | 7.86 | |
| MAexp7: | 4.09 | |
| MAexp20: | 6.76 | |
| MAexp50: | 8.82 | |
| MAexp100: | 7.82 | |
| Price / MA7: | +12.91% | |
| Price / MA20: | -10.97% | |
| Price / MA50: | -36.73% | |
| Price / MA100: | -56.62% | |
| Price / MAexp7: | -16.63% | |
| Price / MAexp20: | -49.56% | |
| Price / MAexp50: | -61.34% | |
| Price / MAexp100: | -56.39% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on MICROVISION INC. at the time of the analysis were as follows:
- DGAP-News: MicroVision Announces Timing Change of Webcast on January 5, 2022
- MicroVision Announces Timing Change of Webcast on January 5, 2022
- Focused on Employee Health and Safety, MicroVision Shifts to All-Virtual Participation for CES 2022
- MicroVision to Showcase its Automotive Lidar at CES(R) 2022 in Las Vegas
- DGAP-News: MicroVision Inc.: MicroVision to Participate in LiDAR Sensor Standards Consortium
This member declared not having a position on this financial instrument or a related financial instrument.
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