(Magnite Inc. )
| MGNI latest price $36.9900 (-0.28%) ($36.9900 - $36.9900) on Wed. Jan. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.52% (three month average) |
RSI | 72 |
Latest Price | $36.9900(-0.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.4% a day on average for past five trading days. |
Weekly Trend | MGNI advances 19.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) ARKK(71%) IBUY(70%) IWO(70%) ONLN(69%) IPO(68%) |
Factors Impacting MGNI price | MGNI will decline at least -3.26% in a week (0% probabilities). VIXM(-41%) VXX(-39%) UUP(-24%) TLT(-5%) IGOV(-2%) |
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 | -3.26% (StdDev 6.52%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0% |
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