(Magnite Inc. )
| MGNI latest price $19.4700 (2.58%) ($19.0600 - $19.9600) on Fri. Nov. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.28% (three month average) |
RSI | 79 |
Latest Price | $19.4700(2.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 6.4% a day on average for past five trading days. |
Weekly Trend | MGNI advances 33% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) IBUY(67%) ARKK(66%) IWO(65%) ONLN(65%) IPO(64%) |
Factors Impacting MGNI price | MGNI will decline at least -2.64% in a week (0% probabilities). VIXM(-37%) VXX(-36%) UUP(-24%) EDOC(-8%) TLT(-5%) |
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 | -2.64% (StdDev 5.28%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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