(Magnite Inc. )
| MGNI latest price $6.2300 (-3.56%) ($6.1400 - $6.7300) on Thu. May. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.33% (three month average) |
RSI | 54 |
Latest Price | $6.2300(-3.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 3.7% a day on average for past five trading days. |
Weekly Trend | MGNI advances 0.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) IBUY(63%) IWO(63%) ARKK(62%) ONLN(61%) IWC(60%) |
Factors Impacting MGNI price | MGNI will decline at least -4.165% in a week (0% probabilities). VIXM(-37%) VXX(-36%) UUP(-23%) 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 | -4.165% (StdDev 8.33%) |
Hourly BBV | 0 () |
Intraday Trend | -4.2% |
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