Trading Signals: MGNI Stock Price Prediction and Forecast

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Tue. Nov. 24, 2020

Trading Signals: MGNI Stock Price Prediction and Forecast (Mon. Dec. 7, 2015 - Wed. Sep. 14, 2022)

(Magnite Inc. )
MGNI latest price $17.7300 (6.23%) ($16.3600 - $17.7600) on Tue. Nov. 24, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.26% (three month average)
RSI   80
Latest Price   $17.7300(6.23%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGNI advances 9.8% a day on average for past five trading days.
Weekly Trend   MGNI advances 22.4% 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 -2.63% in a week (0% probabilities).
VIXM(-37%)    VXX(-36%)    UUP(-25%)    EDOC(-8%)    TLT(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.63% (StdDev 5.26%)
Hourly BBV 0 ()
Intraday Trend 3.9%

5 Day Moving Average   $15.07(17.65%)
10 Day Moving Average   $12.95(36.91%)
20 Day Moving Average   $11.51(54.04%)
To recent high   0%
To recent low   213%
Market Cap   $13.459b

$. MGNI price fluctuates within 20.94% (three month std-dev: 5.26%) daily (68% of days).

Sample size 10 Average positive next day return: 15.82%(50%) Average negative next day return: -8.62%(50%) Sample size 10 Average positive next three day return: 12.63%(40%) Average negative next three day return: -15.87%(60%) Sample size 10 Average positive next weekly return: 12.73%(30%) Average negative next weekly return: -12.44%(70%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201224

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Nov_24_2020	8	11.51	12.95	15.07	15.27	16.64	17.73(6.23%)	UT	HoldLong	65	1.1	113	670	58	279	5.79	73%	1.27	69.9	5.26%	0	2.6	80	1.1
2	Nov_23_2020	7.9	11.07	12.16	13.72	13.86	15.32	16.69(13.38%)	UT	HoldLong	65	1.5	94	770	54	212	6.11	72%	1.15	64.1	5.23%	0	2.9	81	1.1
3	Nov_20_2020	7.81	10.68	11.55	12.62	12.62	13.91	14.72(3.88%)	UT	HoldLong	65	1.4	80	720	49	173	5.88	69%	1.03	61.1	5.02%	0	2.7	78	1.2
4	Nov_19_2020	7.73	10.42	11.17	11.79	11.71	12.4	14.17(17.5%)	UT	HoldLong	65	2	73	390	48	148	9.3	69%	0.91	60.6	5.02%	0	3.2	78	1.3
5	Nov_18_2020	7.66	10.17	10.78	10.89	10.97	11.32	12.06(10.24%)	UT	OpenLong	75	1.4	42	250	23	98	4.64	66%	0.79	59.9	4.58%	0	2.3	65	1.3

6	Nov_17_2020	7.6	10.04	10.57	10.49	10.53	11.03	10.94(-2.41%)	UD	OpenLong	75	0.6	30	340	13	81	2.79	63%	0.53	53.6	4.44%	0	1.3	65	1.6
7	Nov_16_2020	7.56	9.94	10.43	10.34	10.33	10.61	11.21(6.05%)	UT	OpenLong	75	1.3	22	190	7	67	2.84	63%	0.67	49.9	4.42%	0	1.9	61	1.6
8	Nov_13_2020	7.51	9.85	10.23	10.31	10.38	10.61	10.57(9.31%)	UT	HoldLong	50	0.4	8	-210	-9	59	3.03	62%	0.54	57.9	4.38%	0	1.1	60	1.5
9	Nov_12_2020	7.47	9.76	10.08	10.46	10.73	10.04	9.67(-4.02%)	UD	OpenLong	65	-1.2	1	-370	-19	62	3.03	55%	0.4	68.3	4.25%	0	-0.1	51	1.1
10	Nov_11_2020	7.44	9.71	10.09	10.46	11.11	10.72	10.08(-1.03%)	UD	OpenLong	65	-0.8	15	-120	-8	83	5.61	58%	0.4	80.7	4.34%	0	0.5	55	1.8

11	Nov_10_2020	7.41	9.67	10.01	10.65	11.16	11.41	10.18(-7.71%)	UD	OpenLong	75	-0.7	27	300	8	85	4.86	58%	0.41	89.2	4.45%	0	0.8	57	1.7
12	Nov_9_2020	7.38	9.62	9.96	10.49	10.82	11.51	11.03(-2.82%)	UD	OpenLong	75	0.7	43	540	27	91	5.9	61%	0.54	84.8	4.33%	0	1.9	67	1.4
13	Nov_6_2020	7.34	9.48	9.79	10.13	10.24	10.91	11.35(7.18%)	UT	OpenLong	75	1.7	42	490	34	64	5.93	65%	0.55	73.4	4.57%	0	2.7	67	1.7
14	Nov_5_2020	7.3	9.31	9.61	9.66	9.7	10.12	10.59(5.06%)	UT	OpenLong	75	1.6	21	320	16	35	3.42	63%	0.41	67.9	4.52%	0	2.1	68	1
15	Nov_4_2020	7.27	9.19	9.5	9.48	9.39	9.58	10.08(7.46%)	UT	OpenLong	75	1.1	17	110	12	33	2.84	62%	0.41	73.4	4.51%	0	1.6	66	0.8

16	Nov_3_2020	7.24	9.1	9.44	9.3	9.31	9.29	9.38(1.52%)	UT	HoldLong	50	0.1	3	-10	-1	16	1.8	59%	0.28	76	4.45%	0	0.5	52	-0.6
17	Nov_2_2020	7.22	9.03	9.41	9.35	9.27	9.21	9.24(2.33%)	UD	OpenLong	65	-0.2	3	-70	-3	20	1.37	59%	0.42	88.3	4.47%	0	0.4	53	-1.4
18	Oct_30_2020	7.19	8.99	9.42	9.38	9.34	9.34	9.03(-6.81%)	UD	OpenLong	65	-0.5	3	-10	-8	35	1.87	59%	0.28	94.2	4.51%	0	0.1	60	-1.7
19	Oct_29_2020	7.17	8.92	9.41	9.54	9.41	9.33	9.69(5.9%)	UT	OpenLong	75	0.2	15	-100	0	61	1.59	63%	0.28	98.2	4.47%	0	1.1	68	-1.4
20	Oct_28_2020	7.15	8.8	9.3	9.52	9.49	9.34	9.15(-4.89%)	UD	OpenLong	65	-0.5	12	-120	-6	66	1.75	61%	0.28	96.8	4.44%	0	0.4	64	-2.6

21	Oct_27_2020	7.13	8.7	9.32	9.59	9.58	9.5	9.62(2.23%)	UT	OpenLong	75	0	26	-60	3	93	1.59	64%	0.14	93.8	4.42%	0	1	67	-0.5
22	Oct_26_2020	7.12	8.56	9.27	9.49	9.54	9.64	9.41(-4.03%)	UD	OpenLong	75	-0.1	26	90	1	102	2.6	64%	0.14	87.5	4.42%	0	0.9	69	-0.4
23	Oct_23_2020	7.11	8.42	9.16	9.47	9.47	9.66	9.81(2.03%)	UT	OpenLong	75	0.3	39	140	15	110	2.43	64%	0.42	85.5	4.39%	0	1.4	67	1.1
24	Oct_22_2020	7.08	8.26	9	9.25	9.28	9.44	9.61(1.05%)	UT	OpenLong	75	0.3	35	130	13	101	1.43	64%	0.28	78.6	4.43%	0	1.3	73	1.2
25	Oct_21_2020	7.06	8.09	8.85	9.06	9.07	9.27	9.51(4.51%)	UT	OpenLong	75	0.4	27	160	4	97	2.48	64%		72.3	4.46%	0	1.4	75	0.9
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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