(Magnite Inc. )
| MGNI latest price $7.2600 (-0.82%) ($7.0391 - $7.5000) on Mon. May. 6, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.57% (three month average) |
RSI | 72 |
Latest Price | $7.2600(-0.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.4% a day on average for past five trading days. |
Weekly Trend | MGNI advances 5.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) ICLN(8%) SIL(8%) TAN(8%) ACES(7%) ARKG(7%) |
Factors Impacting MGNI price | MGNI will decline at least -1.785% in a week (0% probabilities). SPLV(-5%) XLRE(-4%) XLP(-4%) XLY(-2%) XLV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -1.785% (StdDev 3.57%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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