Following these proceedings, BTIG Research downgraded its Vuzix Corporation [VUZI] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Dawson James’s analysts, who began to cover the stock in late December with a ‘”a Buy”‘ rating. Maxim Group also remained covering VUZI and has decreased its forecast on March 16, 2021 with a “Hold” recommendation from previously “Buy” rating. BTIG Research started covering the stock on February 17, 2021. It rated VUZI as “a Buy”.
Price Performance Review of VUZI
On Monday, Vuzix Corporation [NASDAQ:VUZI] saw its stock jump 8.25% to $2.10. Over the last five days, the stock has gained 16.67%. Vuzix Corporation shares have fallen nearly -46.70% since the year began. Nevertheless, the stocks have risen 64.06% over the past one year. While a 52-week high of $5.79 was reached on 01/06/25, a 52-week low of $0.83 was recorded on 04/07/25. SMA at 50 days reached $2.0500, while 200 days put it at $2.1400.
Levels Of Support And Resistance For VUZI Stock
The 24-hour chart illustrates a support level at 1.9900, which if violated will result in even more drops to 1.8800. On the upside, there is a resistance level at 2.1900. A further resistance level may holdings at 2.2800. The Relative Strength Index (RSI) on the 14-day chart is 56.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0600, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.41%. Stochastics %K at 59.02% indicates the stock is a holding.
The most recent change occurred on January 19, 2021 when Maxim Group resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $13.
