Mbly stock price forecast moving averages signal upward momentum

Moving averages signal upward momentum once supply chain improvements reflect in quarterly earnings. “The absurdity of earnings season has arrived. It didn’t take long, did it? People are already doing stupid things. And you know what? I gotta point them out to you so that you don’t make the same mistakes.” The price action in Mobileye is volatile but shows a bottom is in play. The bottom was reached in 2024, and support is being tested again in early 2025. Support is likely strong at the current levels because of the increased volume. Volume has been rising steadily since the middle of 2024 and shows a strengthening market. The critical support level is near $14 and may be reached before February. A move below that level could take this market to a new low, which is unexpected. The more likely scenario is that sideways action within the range will continue until signs of traction are seen in the results. MBLY stock price forecast from top market watchers anticipates mid-single-digit growth in the next quarter, supported by Mobileye’s AI-driven driver assistance technology securing new partnerships in Europe and Asia.