(Magnite Inc. )
| MGNI latest price $5.1700 (-1.52%) ($5.0300 - $5.3900) on Fri. May. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.88% (three month average) |
RSI | 36 |
Latest Price | $5.1700(-1.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.2% a day on average for past five trading days. |
Weekly Trend | MGNI declines -9.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) TLT(8%) LQD(6%) PCY(6%) BND(5%) ARKG(4%) |
Factors Impacting MGNI price | MGNI will decline at least -3.94% in a week (0% probabilities). XLE(-11%) XME(-10%) OIH(-10%) XOP(-8%) URA(-8%) |
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 | -3.94% (StdDev 7.88%) |
Hourly BBV | 0 () |
Intraday Trend | -2.1% |
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