(Magnite Inc. )
| MGNI latest price $5.7500 (2.13%) ($5.6400 - $6.3700) on Wed. Mar. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.76% (three month average) |
RSI | 31 |
Latest Price | $5.7500(2.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 2.9% a day on average for past five trading days. |
Weekly Trend | MGNI declines -20.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) VIXM(12%) VXX(10%) SIL(6%) TLT(5%) TIP(4%) |
Factors Impacting MGNI price | MGNI will decline at least -3.38% in a week (0% probabilities). SPLV(-14%) XLP(-13%) XLV(-12%) XLRE(-11%) XLK(-11%) |
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 | -3.38% (StdDev 6.76%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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