(Magnite Inc. )
| MGNI latest price $6.2900 (3.97%) ($5.9600 - $6.3100) on Wed. Jun. 19, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 77 |
Latest Price | $6.2900(3.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.9% a day on average for past five trading days. |
Weekly Trend | MGNI advances 4.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -1.62% in a week (0% probabilities). VIXM(-5%) SPLV(-5%) XLRE(-4%) XLP(-4%) UUP(-4%) |
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 | -1.62% (StdDev 3.24%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
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