(Magnite Inc. )
| MGNI latest price $11.0300 (-2.82%) ($10.8800 - $12.3500) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.33% (three month average) |
RSI | 67 |
Latest Price | $11.0300(-2.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 3.6% a day on average for past five trading days. |
Weekly Trend | MGNI advances 5.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -2.165% in a week (0% probabilities). VXX(-37%) VIXM(-37%) UUP(-25%) EDOC(-7%) TLT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.165% (StdDev 4.33%) |
Hourly BBV | 0 () |
Intraday Trend | -9.8% |
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