(Magnite Inc. )
| MGNI latest price $9.5100 (4.51%) ($9.0800 - $9.6100) on Wed. Oct. 21, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.46% (three month average) |
RSI | 75 |
Latest Price | $9.5100(4.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.4% a day on average for past five trading days. |
Weekly Trend | MGNI advances 7.1% a week on average for past two weeks. |
Market Behavior | Value stocks 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) ARKK(66%) IBUY(66%) IWO(64%) ONLN(64%) IPO(63%) |
Factors Impacting MGNI price | MGNI will decline at least -2.23% in a week (0% probabilities). VXX(-37%) VIXM(-37%) UUP(-25%) DRIV(-7%) EDOC(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.23% (StdDev 4.46%) |
Hourly BBV | 0 () |
Intraday Trend | 3.9% |
| |
|
|