(Magnite Inc. )
| MGNI latest price $6.4600 (5.38%) ($6.0100 - $6.5700) on Wed. May. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.37% (three month average) |
RSI | 48 |
Latest Price | $6.4600(5.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 5% a day on average for past five trading days. |
Weekly Trend | MGNI declines -3.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) IWO(64%) IBUY(63%) ARKK(62%) ONLN(61%) IWC(60%) |
Factors Impacting MGNI price | MGNI will decline at least -4.185% in a week (0% probabilities). VXX(-37%) VIXM(-37%) UUP(-24%) TLT(-10%) SHY(-1%) |
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 | -4.185% (StdDev 8.37%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
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