(Magnite Inc. )
| MGNI latest price $31.1400 (13.65%) ($27.3600 - $31.1400) on Thu. Jan. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.19% (three month average) |
RSI | 48 |
Latest Price | $31.1400(13.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 4.4% a day on average for past five trading days. |
Weekly Trend | MGNI declines -6.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) ARKK(69%) IBUY(69%) IWO(69%) ONLN(69%) IPO(67%) |
Factors Impacting MGNI price | MGNI will decline at least -3.095% in a week (0% probabilities). VIXM(-39%) VXX(-38%) UUP(-25%) TLT(-5%) IGOV(-1%) |
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 | -3.095% (StdDev 6.19%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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