MICROVISION INC. - Daily - Technical analysis published on 03/18/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
72%
6%
22%
My opinion
Bullish above 4.51 USD
My targets
5.02 USD (+7.43%)
5.86 USD (+25.55%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for MICROVISION INC. as long as the price remains well above 4.51 USD. The buyers' bullish objective is set at 5.02 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.86 USD. If there is any crossing, the next objective would be the resistance located at 7.61 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 5.02 USD. On this resistance, against the trend traders who would like to go short on MICROVISION INC. with a bearish signal from their trading strategy, should not hesitate to act.
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
2.9
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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 4.67 USD. The price registered an increase of +9.37% on the session with the lowest point at 4.23 USD and the highest point at 4.69 USD. The deviation from the price is +10.40% for the low point and -0.43% for the high point.4.23
4.69
4.67
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 slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Three white soldiers
Type : Bullish
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 3.76 | 4.67 | 7.61 | 10.16 | 12.22 |
| Change (%) | -19.49% | - | +62.96% | +117.56% | +161.67% |
| Change | -0.91 | - | +2.94 | +5.49 | +7.55 |
| Level | Major | - | Minor | Intermediate | Major |
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 | 3.60 | 3.74 | 4.01 | 4.15 | 4.42 | 4.56 | 4.83 |
| Camarilla | 4.16 | 4.20 | 4.23 | 4.27 | 4.31 | 4.35 | 4.38 |
| Woodie | 3.66 | 3.77 | 4.07 | 4.18 | 4.48 | 4.59 | 4.89 |
| Fibonacci | 3.74 | 3.90 | 4.00 | 4.15 | 4.31 | 4.41 | 4.56 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.69 | 3.26 | 3.78 | 4.35 | 4.87 | 5.44 | 5.96 |
| Camarilla | 4.00 | 4.10 | 4.20 | 4.30 | 4.40 | 4.50 | 4.60 |
| Woodie | 2.67 | 3.25 | 3.76 | 4.34 | 4.85 | 5.43 | 5.94 |
| Fibonacci | 3.26 | 3.68 | 3.93 | 4.35 | 4.77 | 5.02 | 5.44 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.81 | 2.32 | 3.16 | 3.67 | 4.51 | 5.02 | 5.86 |
| Camarilla | 3.64 | 3.76 | 3.89 | 4.01 | 4.13 | 4.26 | 4.38 |
| Woodie | 1.99 | 2.40 | 3.34 | 3.75 | 4.69 | 5.10 | 6.04 |
| Fibonacci | 2.32 | 2.83 | 3.15 | 3.67 | 4.18 | 4.50 | 5.02 |
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): | 59.30 | |
| MACD (12,26,9): | 0.1300 | |
| Directional Movement: | 10.07 | |
| AROON (14): | -14.28 | |
| DEMA (21): | 4.22 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.76 | |
| Elder Ray (13): | 0.27 | |
| Super Trend (3,10): | 3.33 | |
| Zig ZAG (10): | 4.60 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 56.73 | |
| TEMA (21): | 4.45 | |
| Williams %R (14): | -24.09 | |
| Chande Momentum Oscillator (20): | 0.36 | |
| Repulse (5,40,3): | 15.9000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4800 | |
| Courbe Coppock: | 29.44 |
| MA7: | 4.19 | |
| MA20: | 4.01 | |
| MA50: | 3.73 | |
| MA100: | 5.45 | |
| MAexp7: | 4.24 | |
| MAexp20: | 4.08 | |
| MAexp50: | 4.32 | |
| MAexp100: | 5.76 | |
| Price / MA7: | +11.46% | |
| Price / MA20: | +16.46% | |
| Price / MA50: | +25.20% | |
| Price / MA100: | -14.31% | |
| Price / MAexp7: | +10.14% | |
| Price / MAexp20: | +14.46% | |
| Price / MAexp50: | +8.10% | |
| Price / MAexp100: | -18.92% |
Quotes :
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15 min delayed data
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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:
- DGAP-News: MicroVision Inc.: MicroVision Announces Fourth Quarter and Full Year 2021 Results
- MicroVision Announces Fourth Quarter and Full Year 2021 Results
- MicroVision Announces Participation in Upcoming Investor Conferences
- DGAP-News: MicroVision Inc.: MicroVision to Announce Fourth Quarter and Full Year 2021 Results on February 24, 2022
- MicroVision to Announce Fourth Quarter and Full Year 2021 Results on February 24, 2022
This member declared not having a position on this financial instrument or a related financial instrument.
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