(Magnite Inc. )
| MGNI latest price $7.1750 (-1.03%) ($7.1500 - $7.6800) on Fri. Jun. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.16% (three month average) |
RSI | 60 |
Latest Price | $7.1750(-1.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.6% a day on average for past five trading days. |
Weekly Trend | MGNI declines -0.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) IBUY(64%) ARKK(63%) IWO(63%) ONLN(63%) IPO(60%) |
Factors Impacting MGNI price | MGNI will decline at least -3.58% in a week (0% probabilities). VXX(-36%) VIXM(-36%) UUP(-23%) TLT(-8%) UNG(0%) |
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 | -3.58% (StdDev 7.16%) |
Hourly BBV | 0 () |
Intraday Trend | -2.5% |
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