(Magnite Inc. )
| MGNI latest price $8.0800 (-2.42%) ($8.0700 - $8.3900) on Fri. Nov. 29, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.75% (three month average) |
RSI | 54 |
Latest Price | $8.0800(-2.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.1% a day on average for past five trading days. |
Weekly Trend | MGNI advances 2.4% a week on average for past two weeks. |
Market Behavior | Broad based 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) SIL(8%) ICLN(7%) ACES(6%) BND(6%) EWI(6%) |
Factors Impacting MGNI price | MGNI will decline at least -1.375% 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 | -1.375% (StdDev 2.75%) |
Hourly BBV | 0 () |
Intraday Trend | -2.9% |
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