(Magnite Inc. )
| MGNI latest price $57.5150 (-6.57%) ($57.5150 - $57.5150) on Wed. Feb. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.09% (three month average) |
RSI | 77 |
Latest Price | $57.5150(-6.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 6.3% a day on average for past five trading days. |
Weekly Trend | MGNI advances 24.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off 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 -3.545% in a week (0% probabilities). VIXM(-43%) 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 | -3.545% (StdDev 7.09%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
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