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 02/23/2022 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 3.29 USD
My targets
1.96 USD (-39.32%)
0.86 USD (-73.37%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MICROVISION INC. as long as the price remains well below 3.29 USD. The next bearish objective for sellers is set at 1.96 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.86 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.3

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:
15 min. 1H Weekly

Additional analysis

Quotes

The MICROVISION INC. price is 3.23 USD. On the day, this instrument lost -2.42% and was traded between 3.16 USD and 3.43 USD over the period. The price is currently at +2.22% from its lowest and -5.83% from its highest.

3.16
3.43
3.23

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

Technical


Technical analysis of MICROVISION INC. in Daily shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 5 are neutral and 9 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.86 3.23 3.29 7.61 10.16
Change (%) -73.37% - +1.86% +135.60% +214.55%
Change -2.37 - +0.06 +4.38 +6.93
Level Intermediate - Major Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.993.123.223.353.453.583.68
Camarilla3.253.273.293.313.333.353.37
Woodie2.973.113.203.343.433.573.66
Fibonacci3.123.213.273.353.443.503.58


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.633.023.243.633.854.244.46
Camarilla3.303.363.413.473.533.583.64
Woodie2.562.983.173.593.784.204.39
Fibonacci3.023.253.393.633.864.004.24


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-1.590.511.964.065.517.619.06
Camarilla2.432.763.093.413.744.064.39
Woodie-1.920.351.643.905.197.458.74
Fibonacci0.511.872.704.065.426.257.61

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): 42.09
MACD (12,26,9): -0.1800
Directional Movement: -3.83
AROON (14): 28.57
DEMA (21): 3.27
Parabolic SAR (0,02-0,02-0,2): 4.11
Elder Ray (13): -0.16
Super Trend (3,10): 2.80
Zig ZAG (10): 3.30
VORTEX (21): 1.0500
Stochastique (14,3,5): 33.33
TEMA (21): 3.58
Williams %R (14): -73.55
Chande Momentum Oscillator (20): 0.13
Repulse (5,40,3): -9.8700
ROCnROLL: 2
TRIX (15,9): -0.9000
Courbe Coppock: 27.58
MA7: 3.59
MA20: 3.41
MA50: 4.24
MA100: 6.42
MAexp7: 3.49
MAexp20: 3.58
MAexp50: 4.48
MAexp100: 6.39
Price / MA7: -10.03%
Price / MA20: -5.28%
Price / MA50: -23.82%
Price / MA100: -49.69%
Price / MAexp7: -7.45%
Price / MAexp20: -9.78%
Price / MAexp50: -27.90%
Price / MAexp100: -49.45%

Quotes : - 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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