(Magnite Inc. )
| MGNI latest price $6.0300 (-0.66%) ($5.8700 - $6.2200) on Fri. Apr. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.44% (three month average) |
RSI | 78 |
Latest Price | $6.0300(-0.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.4% a day on average for past five trading days. |
Weekly Trend | MGNI advances 5.2% 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) PCY(8%) XHB(8%) IGOV(7%) LQD(7%) ACES(6%) |
Factors Impacting MGNI price | MGNI will decline at least -3.72% in a week (0% probabilities). URA(-8%) XME(-6%) XLE(-6%) TIP(-5%) OIH(-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 | -3.72% (StdDev 7.44%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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