(Magnite Inc. )
| MGNI latest price $7.7200 (6.93%) ($7.0500 - $7.8899) on Thu. Dec. 19, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.95% (three month average) |
RSI | 43 |
Latest Price | $7.7200(6.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.3% a day on average for past five trading days. |
Weekly Trend | MGNI declines -3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) SIL(9%) GDXJ(7%) ICLN(7%) ACES(6%) BND(6%) |
Factors Impacting MGNI price | MGNI will decline at least -1.475% in a week (0% probabilities). SPLV(-6%) XLV(-5%) XLRE(-5%) XLP(-5%) UUP(-5%) |
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 | -1.475% (StdDev 2.95%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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