(Magnite Inc. )
| MGNI latest price $9.3100 (2.25%) ($8.6100 - $9.6800) on Wed. Oct. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.28% (three month average) |
RSI | 89 |
Latest Price | $9.3100(2.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 2.4% a day on average for past five trading days. |
Weekly Trend | MGNI advances 13.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) ARKK(66%) IBUY(66%) ONLN(65%) IWO(64%) IPO(63%) |
Factors Impacting MGNI price | MGNI will decline at least -2.14% in a week (0% probabilities). VXX(-37%) VIXM(-37%) UUP(-25%) TLT(-5%) IGOV(-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 | -2.14% (StdDev 4.28%) |
Hourly BBV | 0 () |
Intraday Trend | -2% |
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