(Magnite Inc. )
| MGNI latest price $13.2350 (-4.96%) ($13.2350 - $13.2350) on Wed. Feb. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.32% (three month average) |
RSI | 33 |
Latest Price | $13.2350(-4.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.4% a day on average for past five trading days. |
Weekly Trend | MGNI declines -5.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) ARKK(82%) IBUY(82%) IPO(79%) ONLN(79%) IWO(76%) |
Factors Impacting MGNI price | MGNI will decline at least -2.16% in a week (0% probabilities). VIXM(-59%) VXX(-45%) UUP(-24%) TLT(-6%) UNG(-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 | -2.16% (StdDev 4.32%) |
Hourly BBV | -1.6 () |
Intraday Trend | 0% |
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