MICROVISION INC. - Daily - Technical analysis published on 02/09/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 4.06 USD
My targets
3.47 USD (-11.63%)
3.29 USD (-16.28%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on MICROVISION INC.. As long as you are under the resistance located at 4.06 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 3.47 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 3.29 USD as an objective. Crossing it would then enable sellers to target 0.86 USD. If the resistance 4.06 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish 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
2.1
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This analysis was given by savas. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MICROVISION INC. price is 3.93 USD. The price has increased by +11.97% since the last closing with the lowest point at 3.55 USD and the highest point at 3.95 USD. The deviation from the price is +10.70% for the low point and -0.51% for the high point.3.55
3.95
3.93
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Daily chart of MICROVISION INC. indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
In fact, 11 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.86 | 3.29 | 3.93 | 7.61 | 10.16 | 12.31 |
| Change (%) | -78.12% | -16.28% | - | +93.64% | +158.52% | +213.23% |
| Change | -3.07 | -0.64 | - | +3.68 | +6.23 | +8.38 |
| Level | Intermediate | Major | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.02 | 3.16 | 3.33 | 3.47 | 3.64 | 3.78 | 3.95 |
| Camarilla | 3.43 | 3.45 | 3.48 | 3.51 | 3.54 | 3.57 | 3.60 |
| Woodie | 3.05 | 3.17 | 3.36 | 3.48 | 3.67 | 3.79 | 3.98 |
| Fibonacci | 3.16 | 3.28 | 3.35 | 3.47 | 3.59 | 3.66 | 3.78 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.15 | 2.49 | 2.81 | 3.15 | 3.47 | 3.81 | 4.13 |
| Camarilla | 2.96 | 3.02 | 3.08 | 3.14 | 3.20 | 3.26 | 3.32 |
| Woodie | 2.15 | 2.49 | 2.81 | 3.15 | 3.47 | 3.81 | 4.13 |
| Fibonacci | 2.49 | 2.74 | 2.90 | 3.15 | 3.40 | 3.56 | 3.81 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.59 | 0.51 | 1.96 | 4.06 | 5.51 | 7.61 | 9.06 |
| Camarilla | 2.43 | 2.76 | 3.09 | 3.41 | 3.74 | 4.06 | 4.39 |
| Woodie | -1.92 | 0.35 | 1.64 | 3.90 | 5.19 | 7.45 | 8.74 |
| Fibonacci | 0.51 | 1.87 | 2.70 | 4.06 | 5.42 | 6.25 | 7.61 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 43.75 | |
| MACD (12,26,9): | -0.4900 | |
| Directional Movement: | -4.80 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 2.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.77 | |
| Elder Ray (13): | 0.12 | |
| Super Trend (3,10): | 3.88 | |
| Zig ZAG (10): | 3.51 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 63.57 | |
| TEMA (21): | 3.01 | |
| Williams %R (14): | -14.29 | |
| Chande Momentum Oscillator (20): | 0.43 | |
| Repulse (5,40,3): | 8.4700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -2.0500 | |
| Courbe Coppock: | 20.49 |
| MA7: | 3.28 | |
| MA20: | 3.35 | |
| MA50: | 4.87 | |
| MA100: | 7.26 | |
| MAexp7: | 3.26 | |
| MAexp20: | 3.55 | |
| MAexp50: | 4.90 | |
| MAexp100: | 7.00 | |
| Price / MA7: | +19.82% | |
| Price / MA20: | +17.31% | |
| Price / MA50: | -19.30% | |
| Price / MA100: | -45.87% | |
| Price / MAexp7: | +20.55% | |
| Price / MAexp20: | +10.70% | |
| Price / MAexp50: | -19.80% | |
| Price / MAexp100: | -43.86% |
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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