(Magnite Inc. )
| MGNI latest price $9.6200 (2.23%) ($9.3200 - $9.6900) on Tue. Oct. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 67 |
Latest Price | $9.6200(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.1% a day on average for past five trading days. |
Weekly Trend | MGNI advances 6.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) ARKK(66%) IBUY(66%) IWO(65%) ONLN(65%) IPO(64%) |
Factors Impacting MGNI price | MGNI will decline at least -2.21% in a week (0% probabilities). VXX(-37%) VIXM(-37%) UUP(-25%) EDOC(-6%) TLT(-4%) |
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 | -2.21% (StdDev 4.42%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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