(Magnite Inc. )
| MGNI latest price $10.2400 (0.89%) ($10.0700 - $10.4000) on Wed. Feb. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.71% (three month average) |
RSI | 58 |
Latest Price | $10.2400(0.89%) |
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 4.3% 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(9%) GDXJ(7%) ICLN(7%) BND(6%) EWI(6%) |
Factors Impacting MGNI price | MGNI will decline at least -1.855% in a week (0% probabilities). SPLV(-7%) XLV(-6%) UUP(-6%) XLRE(-5%) XLP(-5%) |
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 | -1.855% (StdDev 3.71%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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