(Magnite Inc. )
| MGNI latest price $10.1700 (0.59%) ($9.9100 - $10.3188) on Mon. Aug. 26, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.22% (three month average) |
RSI | 65 |
Latest Price | $10.1700(0.59%) |
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 4.8% 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%) EWI(7%) TAN(7%) ACES(6%) |
Factors Impacting MGNI price | MGNI will decline at least -2.61% in a week (0% probabilities). SPLV(-6%) XLRE(-5%) XLP(-5%) XLV(-4%) UUP(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.61% (StdDev 5.22%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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