(Magnite Inc. )
| MGNI latest price $6.3000 (-4.4%) ($6.2400 - $6.5900) on Tue. Jun. 25, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 78 |
Latest Price | $6.3000(-4.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.8% a day on average for past five trading days. |
Weekly Trend | MGNI advances 7.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock 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 -1.605% 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 | -1.605% (StdDev 3.21%) |
Hourly BBV | 0 () |
Intraday Trend | -4.4% |
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