(Magnite Inc. )
| MGNI latest price $41.2100 (-0.79%) ($41.2100 - $41.2100) on Wed. Apr. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.05% (three month average) |
RSI | 54 |
Latest Price | $41.2100(-0.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 2.7% a day on average for past five trading days. |
Weekly Trend | MGNI declines -0.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) IBUY(74%) ARKK(73%) IPO(71%) IWO(70%) ONLN(70%) |
Factors Impacting MGNI price | MGNI will decline at least -3.525% in a week (0% probabilities). VIXM(-47%) VXX(-39%) UUP(-21%) TLT(-8%) SHY(-3%) |
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 | -3.525% (StdDev 7.05%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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