MICROVISION INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	MVIS
ISIN:

MICROVISION INC. - Daily - Technical analysis published on 02/13/2021 (GMT)

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Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 12.39 USD

My targets

19.23 USD (+4.89%)

34.56 USD (+88.54%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MICROVISION INC. as long as the price remains well above 12.39 USD. The buyers” bullish objective is set at 19.23 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 34.56 USD. If there is any crossing, the next objective would be the resistance located at 44.56 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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

MICROVISION INC. rating 18.33 USD. The price registered an increase of +0.11% on the session and was traded between 16.85 USD and 19.38 USD over the period. The price is currently at +8.78% from its lowest and -5.42% from its highest.

16.85

19.38

18.33

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of MICROVISION INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% 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, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Long black line

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.09	9.27	10.12	18.33	34.56	44.56	62.72
Change (%)	-61.32%	-49.43%	-44.79%	-	+88.54%	+143.10%	+242.17%
Change	-11.24	-9.06	-8.21	-	+16.23	+26.23	+44.39
Level	Intermediate	Major	Minor	-	Minor	Major	Minor

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	11.54	14.27	16.29	19.02	21.04	23.77	25.79
Camarilla	17.00	17.44	17.88	18.31	18.75	19.18	19.62
Woodie	11.19	14.09	15.94	18.84	20.69	23.59	25.44
Fibonacci	14.27	16.09	17.21	19.02	20.84	21.96	23.77

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.58	4.71	8.13	10.26	13.68	15.81	19.23
Camarilla	10.01	10.52	11.03	11.54	12.05	12.56	13.07
Woodie	3.22	5.03	8.77	10.58	14.32	16.13	19.87
Fibonacci	4.71	6.83	8.14	10.26	12.38	13.69	15.81

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.53	3.20	5.15	6.82	8.77	10.44	12.39
Camarilla	6.11	6.44	6.77	7.11	7.44	7.77	8.10
Woodie	1.68	3.27	5.30	6.89	8.92	10.51	12.54
Fibonacci	3.20	4.58	5.43	6.82	8.20	9.05	10.44

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):	85.59
MACD (12,26,9):	2.8300
Directional Movement:	42.13
AROON (14):	92.86
DEMA (21):	14.36
Parabolic SAR (0,02-0,02-0,2):	11.96
Elder Ray (13):	5.45
Super Trend (3,10):	12.50
Zig ZAG (10):	18.33
VORTEX (21):	1.2000
Stochastique (14,3,5):	77.35
TEMA (21):	16.10
Williams %R (14):	-22.91
Chande Momentum Oscillator (20):	10.90
Repulse (5,40,3):	-0.7000
ROCnROLL:	1
TRIX (15,9):	3.7900
Courbe Coppock:	213.94

MA7:	14.59
MA20:	9.88
MA50:	6.90
MA100:	4.52
MAexp7:	14.91
MAexp20:	11.08
MAexp50:	7.84
MAexp100:	5.63
Price / MA7:	+25.63%
Price / MA20:	+85.53%
Price / MA50:	+165.65%
Price / MA100:	+305.53%
Price / MAexp7:	+22.94%
Price / MAexp20:	+65.43%
Price / MAexp50:	+133.80%
Price / MAexp100:	+225.58%

Quotes : 2021-02-12 20:59:59 - 15 min delayed data - NASDAQ Stocks

News

The last news published on MICROVISION INC. at the time of the generation of this analysis was as follows:

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

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