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 02/10/2022 (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

67%

33%

My opinion

Bearish under 4.06 USD

My targets

3.47 USD (-10.72%)

3.29 USD (-15.42%)

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, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

1.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by savas. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The MICROVISION INC. rating is 3.89 USD. The price has increased by +0.26% since the last closing with the lowest point at 3.67 USD and the highest point at 4.16 USD. The deviation from the price is +5.99% for the low point and -6.49% for the high point.

3.67

4.16

3.89

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

A technical analysis in Daily of this MICROVISION INC. chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

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

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.86	3.29	3.89	7.61	10.16	12.31
Change (%)	-77.89%	-15.42%	-	+95.63%	+161.18%	+216.45%
Change	-3.03	-0.60	-	+3.72	+6.27	+8.42
Level	Intermediate	Major	-	Minor	Major	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	3.16	3.42	3.65	3.91	4.14	4.40	4.63
Camarilla	3.76	3.80	3.85	3.89	3.94	3.98	4.03
Woodie	3.16	3.41	3.65	3.90	4.14	4.39	4.63
Fibonacci	3.42	3.60	3.72	3.91	4.09	4.21	4.40

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	50.80
MACD (12,26,9):	-0.3400
Directional Movement:	5.87
AROON (14):	64.29
DEMA (21):	3.04
Parabolic SAR (0,02-0,02-0,2):	2.91
Elder Ray (13):	0.44
Super Trend (3,10):	2.80
Zig ZAG (10):	3.89
VORTEX (21):	0.9300
Stochastique (14,3,5):	87.69
TEMA (21):	3.36
Williams %R (14):	-17.42
Chande Momentum Oscillator (20):	0.89
Repulse (5,40,3):	10.8000
ROCnROLL:	-1
TRIX (15,9):	-1.8400
Courbe Coppock:	8.15

MA7:	3.41
MA20:	3.32
MA50:	4.74
MA100:	7.09
MAexp7:	3.54
MAexp20:	3.61
MAexp50:	4.82
MAexp100:	6.88
Price / MA7:	+14.08%
Price / MA20:	+17.17%
Price / MA50:	-17.93%
Price / MA100:	-45.13%
Price / MAexp7:	+9.89%
Price / MAexp20:	+7.76%
Price / MAexp50:	-19.29%
Price / MAexp100:	-43.46%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on MICROVISION INC.. At the time of publication of this analysis, the latest news was as follows:

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

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