(Magnite Inc. )
| MGNI latest price $7.5300 (4.15%) ($6.7300 - $7.5400) on Fri. Oct. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.44% (three month average) |
RSI | 81 |
Latest Price | $7.5300(4.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 3.2% a day on average for past five trading days. |
Weekly Trend | MGNI advances 7.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value 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 -2.22% in a week (0% probabilities). VXX(-37%) VIXM(-37%) UUP(-25%) DRIV(-6%) TLT(-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 | -2.22% (StdDev 4.44%) |
Hourly BBV | 0 () |
Intraday Trend | 10.7% |
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