(Magnite Inc. )
| MGNI latest price $7.7400 (8.86%) ($7.1600 - $8.2900) on Tue. Aug. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.12% (three month average) |
RSI | 65 |
Latest Price | $7.7400(8.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 4.8% a day on average for past five trading days. |
Weekly Trend | MGNI advances 7.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock 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 -3.06% in a week (0% probabilities). VXX(-34%) VIXM(-33%) UUP(-23%) TLT(-6%) IYT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -3.06% (StdDev 6.12%) |
Hourly BBV | 0 () |
Intraday Trend | -4.6% |
| |
|
|