(Magnite Inc. )
| MGNI latest price $10.3800 (1.37%) ($10.1280 - $10.5000) on Thu. Feb. 13, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.69% (three month average) |
RSI | 70 |
Latest Price | $10.3800(1.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.5% a day on average for past five trading days. |
Weekly Trend | MGNI advances 4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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 -1.845% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.845% (StdDev 3.69%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
| |
|
|