MICROVISION INC. - 1H - Technical analysis published on 02/09/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 3.91 USD
My targets
4.13 USD (+4.90%)
4.40 USD (+11.68%)
My analysis
The bullish trend is currently very strong on MICROVISION INC.. As long as the price remains above the support at 3.91 USD, you could try to benefit from the boom. The first bullish objective is located at 4.13 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.40 USD as an objective. Crossing it would then enable buyers to target 5.42 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
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Additional analysis
Quotes
The MICROVISION INC. price is 3.94 USD. On the day, this instrument gained +12.25% and was between 3.55 USD and 3.95 USD. This implies that the price is at +10.99% from its lowest and at -0.25% from its highest.3.55
3.95
3.94
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
A technical analysis in 1H of this MICROVISION INC. chart shows a strongly bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.96 | 3.29 | 3.91 | 3.94 | 4.40 | 5.42 | 6.16 |
| Change (%) | -24.87% | -16.50% | -0.76% | - | +11.68% | +37.56% | +56.35% |
| Change | -0.98 | -0.65 | -0.03 | - | +0.46 | +1.48 | +2.22 |
| Level | Minor | Major | Intermediate | - | Minor | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 63.50 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | 13.66 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 3.47 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.32 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 3.14 | |
| Zig ZAG (10): | 3.52 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 72.73 | |
| TEMA (21): | 3.52 | |
| Williams %R (14): | -18.60 | |
| Chande Momentum Oscillator (20): | 0.17 | |
| Repulse (5,40,3): | 2.4200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3300 | |
| Courbe Coppock: | 19.35 |
| MA7: | 3.28 | |
| MA20: | 3.35 | |
| MA50: | 4.87 | |
| MA100: | 7.26 | |
| MAexp7: | 3.46 | |
| MAexp20: | 3.35 | |
| MAexp50: | 3.26 | |
| MAexp100: | 3.37 | |
| Price / MA7: | +20.12% | |
| Price / MA20: | +17.61% | |
| Price / MA50: | -19.10% | |
| Price / MA100: | -45.73% | |
| Price / MAexp7: | +13.87% | |
| Price / MAexp20: | +17.61% | |
| Price / MAexp50: | +20.86% | |
| Price / MAexp100: | +16.91% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on MICROVISION INC. at the time of the generation of this analysis was 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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