(Magnite Inc. )
| MGNI latest price $6.5900 (3.78%) ($6.2900 - $6.6400) on Mon. Jun. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.16% (three month average) |
RSI | 83 |
Latest Price | $6.5900(3.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 2.3% a day on average for past five trading days. |
Weekly Trend | MGNI advances 7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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 -1.58% in a week (0% probabilities). SPLV(-5%) XLRE(-4%) XLP(-4%) UUP(-4%) XLY(-3%) |
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 | -1.58% (StdDev 3.16%) |
Hourly BBV | 0 () |
Intraday Trend | 3.8% |
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