(Magnite Inc. )
| MGNI latest price $8.2800 (-2.82%) ($8.2400 - $8.5900) on Wed. Nov. 27, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.76% (three month average) |
RSI | 56 |
Latest Price | $8.2800(-2.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.5% a day on average for past five trading days. |
Weekly Trend | MGNI advances 2.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) SIL(8%) ICLN(7%) ACES(6%) BND(6%) EWI(6%) |
Factors Impacting MGNI price | MGNI will decline at least -1.38% in a week (0% probabilities). SPLV(-6%) XLV(-5%) XLRE(-5%) XLP(-5%) XLY(-4%) |
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 | -1.38% (StdDev 2.76%) |
Hourly BBV | 0 () |
Intraday Trend | -2.9% |
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