MICROVISION INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	MVIS
ISIN:

MICROVISION INC. - Weekly - Technical analysis published on 05/02/2021 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

44%

28%

My opinion

Bullish above 12.71 USD

My targets

16.00 USD (+4.90%)

21.83 USD (+43.17%)

My analysis

MICROVISION INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 12.71 USD. The next resistance located at 16.00 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 21.83 USD. After this resistance, buyers could then target 23.72 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

6.6

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 aymanm738. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The MICROVISION INC. rating is 15.25 USD. The price is lower by -15.14% over the 5 days and was traded between 13.87 USD and 28.00 USD over the period. The price is currently at +9.95% from its lowest point and -45.54% from its highest point.

13.87

28.00

15.25

Here is a more detailed summary of the historical variations registered by MICROVISION INC.:

Technical

A technical analysis in Weekly of this MICROVISION INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Weekly

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Weekly

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Weekly

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 5 are neutral and 5 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

Bullish engulfing lines

Type : Bullish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.13	3.18	10.12	15.25	15.41	23.72	34.56
Change (%)	-92.59%	-79.15%	-33.64%	-	+1.05%	+55.54%	+126.62%
Change	-14.12	-12.07	-5.13	-	+0.16	+8.47	+19.31
Level	Intermediate	Minor	Major	-	Major	Major	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.03	12.95	14.10	15.02	16.17	17.09	18.24
Camarilla	14.68	14.87	15.06	15.25	15.44	15.63	15.82
Woodie	12.15	13.01	14.22	15.08	16.29	17.15	18.36
Fibonacci	12.95	13.74	14.23	15.02	15.81	16.30	17.09

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.26	6.67	12.32	15.73	21.38	24.79	30.44
Camarilla	15.48	16.31	17.14	17.97	18.80	19.63	20.46
Woodie	4.38	7.23	13.44	16.29	22.50	25.35	31.56
Fibonacci	6.67	10.13	12.27	15.73	19.19	21.33	24.79

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.59	6.88	12.71	16.00	21.83	25.12	30.95
Camarilla	16.04	16.88	17.71	18.55	19.39	20.22	21.06
Woodie	4.87	7.52	13.99	16.64	23.11	25.76	32.23
Fibonacci	6.88	10.36	12.51	16.00	19.48	21.63	25.12

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):	57.27
MACD (12,26,9):	3.0100
Directional Movement:	19.10
AROON (14):	100.00
DEMA (21):	16.28
Parabolic SAR (0,02-0,02-0,2):	10.08
Elder Ray (13):	7.11
Super Trend (3,10):	26.33
Zig ZAG (10):	15.25
VORTEX (21):	1.1000
Stochastique (14,3,5):	45.19
TEMA (21):	17.24
Williams %R (14):	-59.80
Chande Momentum Oscillator (20):	3.71
Repulse (5,40,3):	-61.0100
ROCnROLL:	1
TRIX (15,9):	7.2900
Courbe Coppock:	303.46

MA7:	18.85
MA20:	14.99
MA50:	15.41
MA100:	11.70
MAexp7:	14.93
MAexp20:	12.25
MAexp50:	7.82
MAexp100:	5.02
Price / MA7:	-19.10%
Price / MA20:	+1.73%
Price / MA50:	-1.04%
Price / MA100:	+30.34%
Price / MAexp7:	+2.14%
Price / MAexp20:	+24.49%
Price / MAexp50:	+95.01%
Price / MAexp100:	+203.78%

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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