(Magnite Inc. )
| MGNI latest price $18.2550 (4.52%) ($18.2550 - $18.2550) on Tue. Dec. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.62% (three month average) |
RSI | 60 |
Latest Price | $18.2550(4.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.9% a day on average for past five trading days. |
Weekly Trend | MGNI advances 1.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) ARKK(82%) IBUY(82%) IPO(80%) ONLN(79%) IWO(76%) |
Factors Impacting MGNI price | MGNI will decline at least -2.31% in a week (0% probabilities). VIXM(-56%) VXX(-45%) UUP(-19%) UNG(-6%) TLT(-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 | -2.31% (StdDev 4.62%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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