(Magnite Inc. )
| MGNI latest price $5.1900 (0%) ($5.1200 - $5.2200) on Wed. Feb. 27, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.29% (three month average) |
RSI | 70 |
Latest Price | $5.1900(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1% a day on average for past five trading days. |
Weekly Trend | MGNI advances 5.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) IVW(13%) ONLN(13%) VT(13%) XRT(13%) ARKK(12%) |
Factors Impacting MGNI price | MGNI will decline at least -1.645% in a week (0% probabilities). XHB(-12%) IFRA(-11%) TLT(-9%) VXX(-8%) TIP(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -1.645% (StdDev 3.29%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
| |
|
|