(Magnite Inc. )
| MGNI latest price $6.2600 (-2.03%) ($6.2300 - $6.4000) on Thu. Apr. 25, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.04% (three month average) |
RSI | 52 |
Latest Price | $6.2600(-2.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.2% a day on average for past five trading days. |
Weekly Trend | MGNI advances 0.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off 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 -1.52% 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 | -1.52% (StdDev 3.04%) |
Hourly BBV | 0 () |
Intraday Trend | -2% |
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