(Magnite Inc. )
| MGNI latest price $14.1600 (5.87%) ($14.1600 - $14.1950) on Fri. Feb. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.32% (three month average) |
RSI | 52 |
Latest Price | $14.1600(5.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 2.7% a day on average for past five trading days. |
Weekly Trend | MGNI declines -6.2% 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(81%) IBUY(81%) IPO(78%) ONLN(78%) IWO(77%) |
Factors Impacting MGNI price | MGNI will decline at least -2.66% in a week (0% probabilities). VIXM(-57%) VXX(-42%) UUP(-24%) UNG(-3%) TLT(-3%) |
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 | -2.66% (StdDev 5.32%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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