(Magnite Inc. )
| MGNI latest price $9.3600 (-7.42%) ($9.0200 - $10.0800) on Fri. Jan. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.87% (three month average) |
RSI | 39 |
Latest Price | $9.3600(-7.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.8% a day on average for past five trading days. |
Weekly Trend | MGNI declines -4.1% 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(9%) IGOV(8%) GDXJ(7%) ICLN(7%) BND(6%) |
Factors Impacting MGNI price | MGNI will decline at least -1.935% 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 | -1.935% (StdDev 3.87%) |
Hourly BBV | 0 () |
Intraday Trend | -4.5% |
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