(Magnite Inc. )
| MGNI latest price $6.4600 (4.03%) ($6.1300 - $6.5650) on Fri. Sep. 25, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.53% (three month average) |
RSI | 45 |
Latest Price | $6.4600(4.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.8% a day on average for past five trading days. |
Weekly Trend | MGNI advances 1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) ARKK(66%) IBUY(66%) IWO(64%) ONLN(64%) IPO(63%) |
Factors Impacting MGNI price | MGNI will decline at least -2.265% in a week (0% probabilities). VXX(-36%) VIXM(-36%) UUP(-25%) DRIV(-6%) TLT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.265% (StdDev 4.53%) |
Hourly BBV | 0 () |
Intraday Trend | 4.7% |
| |
|
|