(Magnite Inc. )
| MGNI latest price $10.4700 (7.06%) ($9.7500 - $10.6300) on Tue. Aug. 20, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.2% (three month average) |
RSI | 75 |
Latest Price | $10.4700(7.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.6% a day on average for past five trading days. |
Weekly Trend | MGNI advances 2.1% 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%) ACES(7%) EWI(7%) OIH(7%) SIL(7%) |
Factors Impacting MGNI price | MGNI will decline at least -2.6% in a week (0% probabilities). SPLV(-6%) XLRE(-5%) XLP(-5%) UUP(-4%) XLV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.6% (StdDev 5.2%) |
Hourly BBV | 0 () |
Intraday Trend | 6.7% |
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