(Magnite Inc. )
| MGNI latest price $6.6600 (3.1%) ($6.5000 - $6.7000) on Mon. Sep. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.44% (three month average) |
RSI | 54 |
Latest Price | $6.6600(3.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.6% a day on average for past five trading days. |
Weekly Trend | MGNI advances 3.5% 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) ARKK(66%) IBUY(66%) ONLN(65%) IWO(64%) IPO(63%) |
Factors Impacting MGNI price | MGNI will decline at least -2.22% in a week (0% probabilities). VXX(-37%) VIXM(-36%) UUP(-25%) DRIV(-6%) TLT(-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 | -2.22% (StdDev 4.44%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
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