(Magnite Inc. )
| MGNI latest price $61.5600 (4.82%) ($61.5600 - $61.5600) on Tue. Feb. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.12% (three month average) |
RSI | 84 |
Latest Price | $61.5600(4.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 9% a day on average for past five trading days. |
Weekly Trend | MGNI advances 21.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) ARKK(72%) IBUY(71%) IWO(71%) IPO(69%) ONLN(69%) |
Factors Impacting MGNI price | MGNI will decline at least -3.56% in a week (0% probabilities). VIXM(-42%) VXX(-40%) UUP(-24%) TLT(-6%) SHY(-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 | -3.56% (StdDev 7.12%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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