(Magnite Inc. )
| MGNI latest price $7.3300 (2.73%) ($7.1800 - $7.6000) on Thu. Aug. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.87% (three month average) |
RSI | 67 |
Latest Price | $7.3300(2.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 3% a day on average for past five trading days. |
Weekly Trend | MGNI advances 11.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth 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 -2.935% in a week (0% probabilities). VXX(-34%) VIXM(-33%) UUP(-23%) TLT(-5%) IYT(-5%) |
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 | -2.935% (StdDev 5.87%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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