(Magnite Inc. )
| MGNI latest price $14.2250 (3.01%) ($14.2250 - $14.2250) on Tue. Feb. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.44% (three month average) |
RSI | 53 |
Latest Price | $14.2250(3.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.5% a day on average for past five trading days. |
Weekly Trend | MGNI advances 1.5% 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) IBUY(82%) ARKK(81%) IPO(79%) ONLN(79%) IWO(76%) |
Factors Impacting MGNI price | MGNI will decline at least -2.22% in a week (0% probabilities). VIXM(-58%) VXX(-46%) UUP(-23%) 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 | -2.22% (StdDev 4.44%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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