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 03/08/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bullish

Technical indicators

17%

56%

28%

My opinion

Bullish above 10.12 USD

My targets

15.30 USD (+26.97%)

17.99 USD (+49.32%)

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 above the support located at 10.12 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 15.30 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 17.99 USD as an objective. Crossing it would then enable buyers to target 23.72 USD. If the support 10.12 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

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 12.05 USD. On the day, this instrument lost -6.01% and was between 12.02 USD and 13.26 USD. This implies that the price is at +0.25% from its lowest and at -9.13% from its highest.

12.02

13.26

12.05

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

Technical

Technical analysis of MICROVISION INC. in Daily shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further decline is moderate given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Black hanging man / hammer

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	5.21	9.27	10.12	12.05	15.41	23.72	34.56
Change (%)	-56.76%	-23.07%	-16.02%	-	+27.88%	+96.85%	+186.80%
Change	-6.84	-2.78	-1.93	-	+3.36	+11.67	+22.51
Level	Minor	Major	Intermediate	-	Intermediate	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	7.15	8.65	10.74	12.24	14.33	15.83	17.92
Camarilla	11.83	12.16	12.49	12.82	13.15	13.48	13.81
Woodie	7.44	8.80	11.03	12.39	14.62	15.98	18.21
Fibonacci	8.65	10.03	10.87	12.24	13.62	14.46	15.83

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.19	4.99	8.90	14.08	17.99	23.17	27.08
Camarilla	10.32	11.15	11.99	12.82	13.65	14.49	15.32
Woodie	-0.82	4.67	8.28	13.76	17.37	22.85	26.46
Fibonacci	4.99	8.46	10.60	14.08	17.55	19.69	23.17

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-10.91	-2.03	6.42	15.30	23.75	32.63	41.08
Camarilla	10.10	11.69	13.28	14.87	16.46	18.05	19.64
Woodie	-11.13	-2.14	6.21	15.19	23.54	32.52	40.87
Fibonacci	-2.03	4.59	8.68	15.30	21.92	26.01	32.63

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):	45.00
MACD (12,26,9):	0.8100
Directional Movement:	-3.68
AROON (14):	-92.86
DEMA (21):	16.38
Parabolic SAR (0,02-0,02-0,2):	21.67
Elder Ray (13):	-2.47
Super Trend (3,10):	20.81
Zig ZAG (10):	12.89
VORTEX (21):	0.9400
Stochastique (14,3,5):	16.47
TEMA (21):	15.37
Williams %R (14):	-78.76
Chande Momentum Oscillator (20):	-5.23
Repulse (5,40,3):	-7.4400
ROCnROLL:	-1
TRIX (15,9):	2.3600
Courbe Coppock:	21.87

MA7:	14.74
MA20:	16.69
MA50:	10.83
MA100:	6.74
MAexp7:	14.35
MAexp20:	14.76
MAexp50:	11.72
MAexp100:	8.49
Price / MA7:	-18.25%
Price / MA20:	-27.80%
Price / MA50:	+11.27%
Price / MA100:	+78.78%
Price / MAexp7:	-15.89%
Price / MAexp20:	-18.22%
Price / MAexp50:	+2.99%
Price / MAexp100:	+42.17%

Quotes : 2021-03-08 18:46:27 - 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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