(Magnite Inc. )
| MGNI latest price $7.6400 (12.19%) ($7.0600 - $8.0000) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.58% (three month average) |
RSI | 57 |
Latest Price | $7.6400(12.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 4.2% a day on average for past five trading days. |
Weekly Trend | MGNI declines -2.3% a week on average for past two weeks. |
Market Behavior | Broad based rally 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 -3.29% in a week (0% probabilities). VXX(-35%) VIXM(-34%) UUP(-23%) TLT(-7%) DRIV(-3%) |
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 | -3.29% (StdDev 6.58%) |
Hourly BBV | 0 () |
Intraday Trend | 2.6% |
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