(Magnite Inc. )
| MGNI latest price $26.6350 (-4.14%) ($26.6350 - $26.6350) on Tue. Nov. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.28% (three month average) |
RSI | 38 |
Latest Price | $26.6350(-4.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.3% a day on average for past five trading days. |
Weekly Trend | MGNI declines -5.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) ARKK(80%) IBUY(79%) IPO(78%) ONLN(76%) ARKG(73%) |
Factors Impacting MGNI price | MGNI will decline at least -2.14% in a week (0% probabilities). VIXM(-53%) VXX(-38%) UUP(-22%) TLT(-7%) 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 | -2.14% (StdDev 4.28%) |
Hourly BBV | -1 () |
Intraday Trend | 0% |
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