(Magnite Inc. )
| MGNI latest price $10.7050 (5.68%) ($10.7050 - $10.7050) on Thu. May. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.6% (three month average) |
RSI | 58 |
Latest Price | $10.7050(5.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 2.8% a day on average for past five trading days. |
Weekly Trend | MGNI advances 0.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) IBUY(85%) ARKK(83%) IPO(82%) ONLN(81%) SKYY(79%) |
Factors Impacting MGNI price | MGNI will decline at least -2.8% in a week (0% probabilities). VIXM(-68%) VXX(-35%) UUP(-22%) TLT(-8%) UNG(-7%) |
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 | -2.8% (StdDev 5.6%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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