(Magnite Inc. )
| MGNI latest price $6.4200 (-10.46%) ($6.1700 - $6.9800) on Fri. May. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.68% (three month average) |
RSI | 59 |
Latest Price | $6.4200(-10.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.2% a day on average for past five trading days. |
Weekly Trend | MGNI advances 10.6% 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) IGOV(7%) PCY(7%) LQD(6%) TLT(6%) XHB(6%) |
Factors Impacting MGNI price | MGNI will decline at least -3.84% in a week (0% probabilities). XLE(-8%) URA(-8%) XME(-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 | -3.84% (StdDev 7.68%) |
Hourly BBV | 0 () |
Intraday Trend | -5.7% |
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