(Magnite Inc. )
| MGNI latest price $7.6500 (15.91%) ($6.9400 - $7.7750) on Wed. Jun. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.46% (three month average) |
RSI | 79 |
Latest Price | $7.6500(15.91%) |
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 14.7% 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) IBUY(63%) IWO(63%) ARKK(62%) ONLN(61%) IWC(60%) |
Factors Impacting MGNI price | MGNI will decline at least -4.23% 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. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -4.23% (StdDev 8.46%) |
Hourly BBV | 0 () |
Intraday Trend | 9.9% |
| |
|
|