(Magnite Inc. )
| MGNI latest price $12.7500 (7.69%) ($11.7900 - $12.9900) on Wed. Feb. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.97% (three month average) |
RSI | 73 |
Latest Price | $12.7500(7.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 4.9% a day on average for past five trading days. |
Weekly Trend | MGNI advances 8.1% 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) SIL(9%) GDXJ(7%) ICLN(7%) BND(6%) EWI(6%) |
Factors Impacting MGNI price | MGNI will decline at least -1.985% in a week (0% probabilities). SPLV(-7%) XLV(-6%) XLP(-6%) UUP(-6%) XLRE(-5%) |
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 | -1.985% (StdDev 3.97%) |
Hourly BBV | 0 () |
Intraday Trend | 6.4% |
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