(Magnite Inc. )
| MGNI latest price $6.5900 (-0.45%) ($6.4100 - $6.9800) on Tue. Apr. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.49% (three month average) |
RSI | 70 |
Latest Price | $6.5900(-0.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 4.4% a day on average for past five trading days. |
Weekly Trend | MGNI advances 5.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) IGOV(7%) LQD(7%) PCY(7%) XHB(7%) CEMB(6%) |
Factors Impacting MGNI price | MGNI will decline at least -3.745% in a week (0% probabilities). URA(-8%) XME(-7%) XLE(-7%) OIH(-6%) TIP(-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 | -3.745% (StdDev 7.49%) |
Hourly BBV | 0 () |
Intraday Trend | -5.6% |
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