Microvision Inc (MVIS) stock has fallen 5.81% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.
Microvision Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MVIS!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With MVIS Stock Today?
Microvision Inc (MVIS) stock is trading at $2.92 as of 2:51 PM on Wednesday, Nov 30, an increase of $0.10, or 3.55% from the previous closing price of $2.82. The stock has traded between $2.79 and $2.97 so far today. Volume today is low. So far 854,743 shares have traded compared to average volume of 1,632,211 shares.
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More About Microvision Inc
Microvision Inc is engaged in developing a lidar sensor to be used in automotive safety and autonomous driving applications. Its lidar sensor uses laser beam scanning (LBS) technology, which is based on systems that include micro-electrical mechanical systems (MEMS), laser diodes, optomechanics, electronics, algorithms, and software. The company has also developed solutions for Augmented Reality, Interactive Displays, and Consumer Lidars.
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