(Magnite Inc. )
| MGNI latest price $9.9600 (-5.73%) ($9.9100 - $9.9600) on Mon. May. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.72% (three month average) |
RSI | 49 |
Latest Price | $9.9600(-5.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.8% a day on average for past five trading days. |
Weekly Trend | MGNI declines -2.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) IBUY(86%) ARKK(83%) IPO(82%) ONLN(82%) SKYY(79%) |
Factors Impacting MGNI price | MGNI will decline at least -2.86% in a week (0% probabilities). VIXM(-69%) VXX(-36%) UUP(-22%) TLT(-9%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.86% (StdDev 5.72%) |
Hourly BBV | -0 () |
Intraday Trend | 0% |
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