(Magnite Inc. )
| MGNI latest price $13.4600 (1.85%) ($13.2900 - $13.4600) on Fri. Apr. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.62% (three month average) |
RSI | 75 |
Latest Price | $13.4600(1.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.1% a day on average for past five trading days. |
Weekly Trend | MGNI advances 6.9% a week on average for past two weeks. |
Market Behavior | Value stock 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(79%) IPO(77%) ONLN(77%) SKYY(76%) |
Factors Impacting MGNI price | MGNI will decline at least -2.81% in a week (0% probabilities). VIXM(-58%) VXX(-38%) UUP(-22%) EDOC(-7%) 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 | -2.81% (StdDev 5.62%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
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