(Magnite Inc. )
| MGNI latest price $9.9800 (-3.39%) ($9.5700 - $10.3800) on Fri. Aug. 2, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.3% (three month average) |
RSI | 84 |
Latest Price | $9.9800(-3.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 5.5% a day on average for past five trading days. |
Weekly Trend | MGNI advances 11.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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%) EWI(7%) |
Factors Impacting MGNI price | MGNI will decline at least -2.65% in a week (0% probabilities). SPLV(-5%) XLRE(-4%) XLP(-4%) UUP(-4%) XLY(-3%) |
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 | -2.65% (StdDev 5.3%) |
Hourly BBV | 0 () |
Intraday Trend | -2.3% |
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