(Magnite Inc. )
| MGNI latest price $7.8400 (-3.09%) ($7.3200 - $7.9000) on Mon. Nov. 18, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.79% (three month average) |
RSI | 33 |
Latest Price | $7.8400(-3.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.1% a day on average for past five trading days. |
Weekly Trend | MGNI declines -3.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) SIL(8%) EWI(7%) ICLN(7%) ACES(6%) BND(6%) |
Factors Impacting MGNI price | MGNI will decline at least -1.395% in a week (0% probabilities). SPLV(-6%) XLV(-5%) XLRE(-5%) XLP(-5%) XLY(-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 | -1.395% (StdDev 2.79%) |
Hourly BBV | 0 () |
Intraday Trend | 5.9% |
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