MICROVISION INC. - 1H - Technical analysis published on 02/10/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 3.81 USD
My targets
3.91 USD (+0.51%)
4.13 USD (+6.25%)
My analysis
The bullish trend is currently very strong on MICROVISION INC.. As long as the price remains above the support at 3.81 USD, you could try to benefit from the boom. The first bullish objective is located at 3.91 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4.13 USD as an objective. Crossing it would then enable buyers to target 4.40 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
0
10
6.8
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Additional analysis
Quotes
MICROVISION INC. rating 3.89 USD. The price registered an increase of +0.26% on the session and was between 3.67 USD and 4.16 USD. This implies that the price is at +5.99% from its lowest and at -6.49% from its highest.3.67
4.16
3.89
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
Technical analysis of MICROVISION INC. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 7 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.64 | 2.95 | 3.29 | 3.89 | 3.91 | 4.40 | 5.01 |
| Change (%) | -32.13% | -24.16% | -15.42% | - | +0.51% | +13.11% | +28.79% |
| Change | -1.25 | -0.94 | -0.60 | - | +0.02 | +0.51 | +1.12 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Minor |
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 | 3.16 | 3.42 | 3.65 | 3.91 | 4.14 | 4.40 | 4.63 |
| Camarilla | 3.76 | 3.80 | 3.85 | 3.89 | 3.94 | 3.98 | 4.03 |
| Woodie | 3.16 | 3.41 | 3.65 | 3.90 | 4.14 | 4.39 | 4.63 |
| Fibonacci | 3.42 | 3.60 | 3.72 | 3.91 | 4.09 | 4.21 | 4.40 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.15 | 2.49 | 2.81 | 3.15 | 3.47 | 3.81 | 4.13 |
| Camarilla | 2.96 | 3.02 | 3.08 | 3.14 | 3.20 | 3.26 | 3.32 |
| Woodie | 2.15 | 2.49 | 2.81 | 3.15 | 3.47 | 3.81 | 4.13 |
| Fibonacci | 2.49 | 2.74 | 2.90 | 3.15 | 3.40 | 3.56 | 3.81 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.59 | 0.51 | 1.96 | 4.06 | 5.51 | 7.61 | 9.06 |
| Camarilla | 2.43 | 2.76 | 3.09 | 3.41 | 3.74 | 4.06 | 4.39 |
| Woodie | -1.92 | 0.35 | 1.64 | 3.90 | 5.19 | 7.45 | 8.74 |
| Fibonacci | 0.51 | 1.87 | 2.70 | 4.06 | 5.42 | 6.25 | 7.61 |
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): | 62.83 | |
| MACD (12,26,9): | 0.1700 | |
| Directional Movement: | 11.40 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 4.02 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.73 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 3.69 | |
| Zig ZAG (10): | 3.89 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 69.93 | |
| TEMA (21): | 4.07 | |
| Williams %R (14): | -44.26 | |
| Chande Momentum Oscillator (20): | 0.07 | |
| Repulse (5,40,3): | -2.7800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.7500 | |
| Courbe Coppock: | 23.18 |
| MA7: | 3.41 | |
| MA20: | 3.32 | |
| MA50: | 4.74 | |
| MA100: | 7.09 | |
| MAexp7: | 3.94 | |
| MAexp20: | 3.79 | |
| MAexp50: | 3.54 | |
| MAexp100: | 3.50 | |
| Price / MA7: | +14.08% | |
| Price / MA20: | +17.17% | |
| Price / MA50: | -17.93% | |
| Price / MA100: | -45.13% | |
| Price / MAexp7: | -1.27% | |
| Price / MAexp20: | +2.64% | |
| Price / MAexp50: | +9.89% | |
| Price / MAexp100: | +11.14% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on MICROVISION INC. at the time of the analysis were as follows:
- DGAP-News: MicroVision Announces Timing Change of Webcast on January 5, 2022
- MicroVision Announces Timing Change of Webcast on January 5, 2022
- Focused on Employee Health and Safety, MicroVision Shifts to All-Virtual Participation for CES 2022
- MicroVision to Showcase its Automotive Lidar at CES(R) 2022 in Las Vegas
- DGAP-News: MicroVision Inc.: MicroVision to Participate in LiDAR Sensor Standards Consortium
This member declared not having a position on this financial instrument or a related financial instrument.
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