Trading Signals: MGNI Stock Price Prediction and Forecast

^ MGNI: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Apr. 16, 2021

Trading Signals: MGNI Stock Price Prediction and Forecast (Mon. Dec. 7, 2015 - Wed. Sep. 14, 2022)

(Magnite Inc. )
MGNI latest price $37.6800 (-4.78%) ($37.6800 - $39.6600) on Fri. Apr. 16, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   7.45% (three month average)
RSI   42
Latest Price   $37.6800(-4.78%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGNI declines -1.3% a day on average for past five trading days.
Weekly Trend   MGNI declines -1.7% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support MGNI advance at 0% a week (0% probability)
ARKK(73%)    IBUY(73%)    IPO(71%)    IWO(70%)    ONLN(70%)
Factors Impacting MGNI price   MGNI will decline at least -3.725% in a week (0% probabilities).
VIXM(-47%)    VXX(-38%)    UUP(-21%)    IGOV(-8%)    TLT(-7%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.725% (StdDev 7.45%)
Hourly BBV -1.2 ()
Intraday Trend 0%

1 - 5 Day Possible Target   $23.95(-36.44%)
Resistance Level   $41.5
5 Day Moving Average   $39.69(-5.06%)
10 Day Moving Average   $39.83(-5.4%)
20 Day Moving Average   $41.5(-9.2%)
To recent high   -38.9%
To recent low   9.7%
Market Cap   $28.604b

$. MGNI price fluctuates within 8.63% (three month std-dev: 7.45%) daily (68% of days).

Sample size 33 Average positive next day return: 2.59%(52%) Average negative next day return: -3.39%(48%) Sample size 33 Average positive next three day return: 5.72%(39%) Average negative next three day return: -5.77%(61%) Sample size 33 Average positive next weekly return: 4.97%(55%) Average negative next weekly return: -8.5%(45%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210516

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_16_2021	37.91	41.5	39.83	39.69	39.81	38.87	37.68(-4.78%)	DT	OpenShort	-75	-0.6	-12	-160	-10	-18	2.79	57%	-0.03	-49.2	7.45%	-1.2	-1.1	42	1.8
2	Apr_15_2021	37.92	41.97	40.32	39.69	40.2	39.55	39.57(0.13%)	DP	OpenShort	-75	-0.2	-9	-110	-9	-9	1.32	57%	0.58	-47.8	7.48%	0.2	-0.7	46	1.8
3	Apr_14_2021	37.7	42.42	40.58	40.2	40.37	40.74	39.52(-5.82%)	DT	OpenShort	-75	-0.2	-1	80	-1	-1	1.92	60%	0.61	-40.7	7.5%	0.1	-0.7	52	1.4
4	Apr_13_2021	37.47	42.7	40.69	40.22	40.38	40.85	41.96(5.59%)	RB	SmallLong	20	0.5	6	90	10	-7	1.75	60%	0.73	-39.7	7.63%	0.5	-0.2	39	1.7
5	Apr_12_2021	37.2	42.87	40.42	39.88	39.87	40.01	39.74(-1.19%)	DT	OpenShort	-75	-0	-10	20	-1	-35	1.03	61%	0.7	-32.7	7.6%	0.3	-0.8	25	1.8

6	Apr_9_2021	36.94	43.34	40.53	40.01	39.99	39.91	40.22(1.69%)	DP	OpenShort	-75	0.1	-14	-20	-2	-51	1.58	61%	0.74	-20.4	7.58%	1	-0.8	28	1.5
7	Apr_8_2021	36.67	43.79	40.6	40.49	39.93	39.73	39.55(-0.25%)	DT	OpenShort	-75	-0.2	-22	-80	-9	-59	1.64	61%	0.8	-7	7.64%	-0.7	-1	37	1.5
8	Apr_7_2021	36.38	44.06	40.63	41.04	40.69	40.07	39.65(-1.47%)	DT	OpenShort	-75	-0.3	-20	-130	-4	-67	1.3	59%	0.86	-3.4	7.65%	-0.7	-1.1	34	1.4
9	Apr_6_2021	36.07	44.28	41.26	41.21	41.29	40.13	40.24(-0.42%)	DT	OpenShort	-75	-0.2	-22	-190	-7	-65	1.59	59%	0.84	-10.4	7.71%	-0.7	-1	45	1.2
10	Apr_5_2021	35.77	44.19	42.3	41	41.36	41.31	40.41(-5.13%)	DT	OpenShort	-75	-0.1	-20	20	-7	-58	3.07	59%	1.65	-26.9	7.74%	-1	-0.9	44	1.3

11	Apr_1_2021	35.19	44.18	43.26	41.08	41.15	42.44	42.6(0.72%)	DP	OpenShort	-65	0.4	-4	220	11	-48	1.91	57%	0.98	-36.5	7.77%	0.5	-0.4	41	1.3
12	Mar_31_2021	34.85	44.09	43.69	40.74	40.55	41.4	42.29(4.39%)	DP	OpenShort	-65	0.4	-2	130	15	-53	1.61	57%	0.99	-47.5	7.83%	1.5	-0.4	41	1.2
13	Mar_30_2021	34.51	44.2	44.33	40.21	40.2	39.86	40.51(3.3%)	DP	OpenShort	-75	0.1	-19	-60	-5	-59	1.47	57%	0.88	-60.4	7.83%	0.8	-0.8	48	1.2
14	Mar_29_2021	34.21	44.69	44.82	41.39	39.97	39.7	39.22(-3.86%)	DT	OpenShort	-75	-0.5	-35	-150	-27	-57	2.06	57%	0.85	-54.1	7.83%	-1	-1.2	48	1
15	Mar_26_2021	33.92	45.33	45.54	43.85	41.77	40.55	40.79(-0.29%)	DT	OpenShort	-75	-0.7	-20	-350	-20	-21	2.33	57%	0.95	-48.8	7.79%	-0.4	-1	61	1.4

16	Mar_25_2021	33.6	45.75	46.41	45.81	44.6	40.25	40.91(3.2%)	N/A	N/A	0	-1.1	-24	-760	-34	7	2.93	57%	0.96	-47.5	7.85%	-0.7	-1.1	57	1.1
17	Mar_24_2021	33.28	46.16	47.31	47.07	47.02	43	39.64(-14.59%)	CR	SmallShort	-20	-1.5	-34	-600	-54	26	4.78	57%	0.97	-41.4	7.91%	-1.7	-1.4	54	1
18	Mar_23_2021	32.96	47.01	47.92	48.94	48.92	48.95	46.41(-9.85%)	UD	OpenLong	65	-0.5	5	0	-15	64	3.62	63%	1.17	-31.6	7.66%	-1.8	-0.1	55	1.1
19	Mar_22_2021	32.58	47.3	47.68	48.65	49.57	51.05	51.48(1.72%)	UT	OpenLong	75	0.5	36	270	26	66	2.88	66%	1.37	-32.5	7.79%	1.2	0.8	51	1.9
20	Mar_19_2021	32.14	47.6	46.31	47.5	47.94	48.9	50.61(7.25%)	UT	OpenLong	75	0.5	15	170	11	27	3.31	68%	1.36	-37.4	7.85%	1.3	0.5	49	1.6

21	Mar_18_2021	31.71	47.92	45.18	47.23	46.72	48.1	47.19(-3.7%)	UD	OpenLong	75	-0	4	170	3	6	2.47	70%	1.28	-40.2	7.88%	0.5	-0.1	49	1.2
22	Mar_17_2021	31.31	48.24	44.5	47.7	47.24	46.98	49.01(9%)	UT	OpenLong	75	0.2	11	-70	14	2	3.78	70%	1.33	-39.7	8.09%	2.4	0.1	51	2.1
23	Mar_16_2021	30.9	48.54	43.97	46.79	47.37	45.35	44.96(-1.71%)	DT	OpenShort	-75	-0.3	-17	-260	-11	-35	3.94	69%	1.21	-45.9	8.04%	-1.1	-0.6	38	1.9
24	Mar_15_2021	30.53	49.11	44.46	46.49	47.25	47.51	45.74(-7.16%)	DT	OpenShort	-75	-0.1	-9	90	-0	-37	3.78	69%	1.23	-48.3	8.04%	-1.5	-0.5	44	2.4
25	Mar_12_2021	30.16	49.86	45	44.78	46.68	49.39	49.27(-0.47%)	N/A	N/A	0	0.7	17	530	38	-46	2.26	69%		-47.8	7.93%	0.9	-0.1	42	1.8
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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