(Magnite Inc. )
| MGNI latest price $10.4850 (5.27%) ($10.4850 - $10.4850) on Tue. May. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.74% (three month average) |
RSI | 55 |
Latest Price | $10.4850(5.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 2.3% a day on average for past five trading days. |
Weekly Trend | MGNI declines -0.8% 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(86%) ARKK(83%) IPO(82%) ONLN(82%) SKYY(79%) |
Factors Impacting MGNI price | MGNI will decline at least -2.87% in a week (0% probabilities). VIXM(-68%) 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 | (options are extremely cheap) |
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Market Trend Strength | -2.87% (StdDev 5.74%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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