Trading Signals: MGNI Stock Price Prediction and Forecast

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

Fri. Jul. 23, 2021

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

(Magnite Inc. )
MGNI latest price $32.1200 (4.12%) ($32.1200 - $32.1200) on Fri. Jul. 23, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.27% (three month average)
RSI   43
Latest Price   $32.1200(4.12%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGNI advances 2.4% a day on average for past five trading days.
Weekly Trend   MGNI declines -4.2% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support MGNI advance at 0% a week (0% probability)
ARKK(76%)    IBUY(76%)    IPO(75%)    ONLN(73%)    IWO(72%)
Factors Impacting MGNI price   MGNI will decline at least -2.635% in a week (0% probabilities).
VIXM(-51%)    VXX(-40%)    UUP(-20%)    TLT(-9%)    SHY(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.635% (StdDev 5.27%)
Hourly BBV 1.7 ()
Intraday Trend 0%

Resistance Level   $32.35
5 Day Moving Average   $30.64(4.83%)
10 Day Moving Average   $30.35(5.83%)
20 Day Moving Average   $32.35(-0.71%)
To recent high   -22.7%
To recent low   30.1%
Market Cap   $24.383b

$. MGNI price fluctuates within 7.79% (three month std-dev: 5.27%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -0.31%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -1.84%(100%) Sample size 1 Average positive next weekly return: 0.92%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210823

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	Jul_23_2021	35.51	32.35	30.35	30.64	31.25	31.6	32.12(4.12%)	N/A	N/A	0	0.6	3	140	17	-41	1.43	48%	-0.25	-14.8	5.27%	1.7	-0.1	43	-0.2
2	Jul_22_2021	35.6	32.5	30.41	29.92	30.32	31.34	30.85(-2.31%)	DP	OpenShort	-65	0.4	-7	280	12	-62	0.84	48%	-0.36	-15.5	5.29%	0.5	-0.6	32	-0
3	Jul_21_2021	35.73	32.5	30.63	29.62	29.67	30.91	31.58(4.48%)	N/A	N/A	0	0.8	2	300	24	-66	1.19	48%	-0.56	-16.8	5.28%	1.4	-0.4	40	0.7
4	Jul_20_2021	35.93	32.6	30.77	29.21	29.1	29.31	30.23(6.43%)	DP	OpenShort	-65	0.4	-18	40	7	-92	1.22	48%	-0.61	-20.4	5.26%	1.9	-0.9	26	-0.5
5	Jul_19_2021	36.15	32.63	31.15	29.39	28.92	28.43	28.4(-0.56%)	DT	HoldShort	-65	-0.4	-40	-170	-17	-107	1.79	44%	-0.58	-20.9	5.2%	-0.5	-1.6	17	-2.8

6	Jul_16_2021	36.36	32.73	31.68	30.04	29.61	28.89	28.56(-2.59%)	DT	HoldShort	-65	-0.6	-42	-210	-21	-104	1.26	44%	-0.57	-20.6	5.23%	-1.4	-1.7	22	0.3
7	Jul_15_2021	36.57	32.91	32.32	30.97	30.4	29.41	29.32(-0.71%)	DT	OpenShort	-75	-0.7	-41	-280	-24	-91	1.24	44%	-0.76	-13.2	5.25%	-1.2	-1.6	27	1
8	Jul_14_2021	36.85	33.03	32.81	31.77	31.37	30.32	29.53(-5.2%)	DT	OpenShort	-75	-1	-37	-270	-25	-74	1.33	44%	-0.65	-9.5	5.25%	-2	-1.6	45	1.6
9	Jul_13_2021	37.09	33.14	33.55	32.54	32.33	31.4	31.15(-1.58%)	DT	OpenShort	-75	-0.7	-26	-220	-20	-43	1.22	44%	-0.78	-3.8	5.26%	-1	-0.9	53	1.2
10	Jul_12_2021	37.38	33.18	34.11	33.17	32.89	32.43	31.65(-4.67%)	DT	OpenShort	-75	-0.7	-15	-120	-16	-11	2.03	44%	-0.72	2.9	5.31%	-1.1	-0.7	60	1.2

11	Jul_9_2021	37.65	33.25	34.56	33.55	33.55	33.26	33.2(-0.33%)	UD	OpenLong	65	-0.2	1	-60	-5	20	0.78	44%	-0.55	17.1	5.28%	0.1	-0	67	1.1
12	Jul_8_2021	37.86	33.22	34.79	33.9	33.64	33.36	33.31(-0.27%)	UD	OpenLong	65	-0.3	4	-80	-8	38	1.7	44%	-0.6	30.5	5.29%	-0.3	0	58	-0.1
13	Jul_7_2021	38.09	33.24	34.75	34.02	34.05	33.85	33.4(-2.57%)	UD	OpenLong	65	-0.3	5	-40	-9	46	1.83	44%	-0.63	39.2	5.29%	-0.3	0.1	59	1
14	Jul_6_2021	38.33	33.22	34.6	34.74	34.17	33.93	34.28(2.16%)	UD	OpenLong	65	-0.2	7	-100	-12	62	1.54	44%	-0.73	54.1	5.28%	0.3	0.5	62	0.9
15	Jul_2_2021	38.61	33.12	34.25	35.22	34.85	34.24	33.56(-3.94%)	UD	OpenLong	65	-0.8	9	-150	-12	70	1.7	44%	-0.72	64.2	5.27%	-1.1	0.2	58	1.5

16	Jul_1_2021	38.89	32.9	33.89	35.71	35.68	34.42	34.93(2.95%)	UD	OpenLong	65	-0.3	9	-250	-12	71	1.71	44%	-0.59	66.2	5.29%	-0.7	0.9	57	1.7
17	Jun_30_2021	39.12	32.61	33.57	35.82	35.95	35.45	33.93(-8.3%)	UD	OpenLong	65	-0.8	9	-90	-13	73	3.45	44%	-0.71	66	5.26%	-2.6	0.6	55	1.5
18	Jun_29_2021	39.4	32.45	33.3	35.52	36.34	36.95	37(0.82%)	UT	OpenLong	75	0.6	37	190	24	75	1.31	48%	-0.56	65.6	5.18%	0.8	2	59	1.4
19	Jun_28_2021	39.62	32.13	32.68	34.41	35.2	36.45	36.7(1.94%)	UT	OpenLong	75	1.1	35	320	30	50	1.91	48%	-0.48	58	5.2%	1.1	2.2	61	1.7
20	Jun_25_2021	39.81	31.76	32.13	33.12	33.84	35.73	36(1.55%)	UT	OpenLong	75	1.5	37	460	41	26	2.64	48%	-0.2	47.2	5.2%	0.9	2.2	61	2

21	Jun_24_2021	39.89	31.41	31.76	31.81	32.4	33.95	35.45(9.28%)	UT	OpenLong	75	2.2	31	390	37	11	4.99	42%	-0.15	30.5	5.21%	1.4	2.4	71	1.7
22	Jun_23_2021	39.95	31.14	31.42	31.05	30.91	31.95	32.44(3.12%)	N/A	N/A	0	1	11	220	15	-1	1.32	33%	-0.17	33.8	5.38%	1.5	0.9	65	1.7
23	Jun_22_2021	40.02	31	31.52	30.79	30.65	30.86	31.46(3.97%)	UT	OpenLong	75	0.5	9	30	11	1	1.47	33%	-0.2	39.7	5.49%	2	0.3	54	1.4
24	Jun_21_2021	40.1	30.95	31.65	30.7	30.57	29.86	30.26(2.72%)	DP	OpenShort	-75	-0.3	-8	-180	-9	-3	1.65	33%	-0.12	55	5.46%	-0.4	-0.5	49	0.6
25	Jun_18_2021	40.15	30.89	31.87	30.96	30.76	30.44	29.46(-6.86%)	N/A	N/A	0	-1	-12	-90	-18	8	2.48	33%		69.9	5.53%	-2.1	-1	54	-0.2
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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