Large Inflow of Money Witnessed in Mobileye N.V.

Mobileye N.V. (MBLY) : $53.83 million worth of transactions were on upticks in Mobileye N.V. (MBLY), compared to $46.72 million on downticks. The ratio between the two was 1.15, whereas, the net money flow stood at a healthy $7.11 million on Thursdays session.The block trades show a bullish bias with only $1.81 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $7.79million worth of trades. The up-down ratio between the uptick and downtick was 4.31, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $5.98 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -2%. The stock was trading at $44.1, with a drop of $0.9 over the previous days close. The stock recorded -6.39% for the week.


Mobileye N.V. (MBLY) : 8 Wall Street analysts covering Mobileye N.V. (MBLY) believe that the average level the stock could reach for the short term is $54.5. The maximum price target given is $72 and the minimum target for short term is around $30, hence the standard deviation is calculated at $12.95. The stock has recorded a 20-day Moving Average of 9.43% and the 50-Day Moving Average is 14.29%.

Mobileye N.V. (NYSE:MBLY): The stock opened at $45.00 on Thursday but the bulls could not build on the opening and the stock topped out at $45.28 for the day. The stock traded down to $42.94 during the day, due to lack of any buying support eventually closed down at $44.10 with a loss of -2.00% for the day. The stock had closed at $45.00 on the previous day. The total traded volume was 4,722,552 shares.

Mobileye NV designs and develops software and related technologies for camera-based advanced driver assistance systems (ADAS). The Companys software algorithms and EyeQ system on a chip (SOC) perform detailed interpretations of the visual field in order to anticipate possible collisions with other vehicles, pedestrians, cyclists, animals, debris and other obstacles. Its products are also able to detect roadway markings such as lanes, road boundaries, barriers and similar items, as well as to identify and read traffic signs and traffic lights. It operates in two segments: the original equipment manufacturer segment and the AM segment. The OEM segment supplies the software algorithms and EyeQ chip that are the core technology of the complete ADAS to the Tier 1 companies that are the system integrators for the automotive industry. In the AM segment, it sells a complete system, which includes its software algorithms and EyeQ chip, as well as the camera and other necessary components.

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