(Magnite Inc. )
| MGNI latest price $6.2700 (0.64%) ($5.9500 - $6.3500) on Fri. May. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.27% (three month average) |
RSI | 49 |
Latest Price | $6.2700(0.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 3.4% a day on average for past five trading days. |
Weekly Trend | MGNI advances 4.5% 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) IBUY(63%) IWO(63%) ARKK(62%) ONLN(61%) IWC(60%) |
Factors Impacting MGNI price | MGNI will decline at least -4.135% in a week (0% probabilities). VIXM(-37%) VXX(-36%) 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 | -4.135% (StdDev 8.27%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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