(Magnite Inc. )
| MGNI latest price $37.0000 (0.82%) ($37.0000 - $37.0000) on Tue. Jun. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.18% (three month average) |
RSI | 59 |
Latest Price | $37.0000(0.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 3.2% a day on average for past five trading days. |
Weekly Trend | MGNI advances 5.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) ARKK(75%) IBUY(75%) IPO(74%) ONLN(72%) IWO(71%) |
Factors Impacting MGNI price | MGNI will decline at least -2.59% in a week (0% probabilities). VIXM(-51%) VXX(-39%) UUP(-20%) TLT(-9%) SHY(-4%) |
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 | -2.59% (StdDev 5.18%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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