(Magnite Inc. )
| MGNI latest price $6.0050 (5.54%) ($5.8800 - $6.1000) on Fri. Jul. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.06% (three month average) |
RSI | 47 |
Latest Price | $6.0050(5.54%) |
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 -3.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(64%) ARKK(63%) IWO(63%) ONLN(63%) IPO(60%) |
Factors Impacting MGNI price | MGNI will decline at least -3.03% in a week (0% probabilities). VXX(-34%) VIXM(-34%) UUP(-22%) TLT(-6%) IYT(-4%) |
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 | -3.03% (StdDev 6.06%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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