(Magnite Inc. )
| MGNI latest price $9.6900 (5.9%) ($9.1500 - $9.8300) on Thu. Oct. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.47% (three month average) |
RSI | 68 |
Latest Price | $9.6900(5.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.2% a day on average for past five trading days. |
Weekly Trend | MGNI advances 4.6% 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%) IWO(65%) ONLN(65%) IPO(64%) |
Factors Impacting MGNI price | MGNI will decline at least -2.235% in a week (0% probabilities). VIXM(-38%) VXX(-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 | -2.235% (StdDev 4.47%) |
Hourly BBV | 0 () |
Intraday Trend | 4.2% |
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