(Magnite Inc. )
| MGNI latest price $6.2500 (-2.57%) ($6.0499 - $6.3700) on Thu. Sep. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.58% (three month average) |
RSI | 34 |
Latest Price | $6.2500(-2.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.2% a day on average for past five trading days. |
Weekly Trend | MGNI declines -10.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) IBUY(66%) ARKK(65%) IWO(64%) ONLN(64%) IPO(63%) |
Factors Impacting MGNI price | MGNI will decline at least -2.29% in a week (0% probabilities). VXX(-36%) VIXM(-36%) UUP(-25%) TLT(-5%) IGOV(-5%) |
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 | -2.29% (StdDev 4.58%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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