(Magnite Inc. )
| MGNI latest price $6.3800 (4.59%) ($6.1200 - $6.4150) on Tue. Apr. 23, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.03% (three month average) |
RSI | 53 |
Latest Price | $6.3800(4.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.5% a day on average for past five trading days. |
Weekly Trend | MGNI declines -0.3% 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) ICLN(8%) SIL(8%) TAN(8%) ACES(7%) EWI(7%) |
Factors Impacting MGNI price | MGNI will decline at least -1.515% in a week (0% probabilities). SPLV(-5%) XLRE(-4%) XLP(-4%) XLY(-2%) XLV(-2%) |
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 | -1.515% (StdDev 3.03%) |
Hourly BBV | 0 () |
Intraday Trend | 3.7% |
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