(Magnite Inc. )
| MGNI latest price $11.2100 (6.05%) ($10.5055 - $11.2700) on Mon. Nov. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 61 |
Latest Price | $11.2100(6.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.3% a day on average for past five trading days. |
Weekly Trend | MGNI advances 4.7% 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(65%) ONLN(65%) IPO(63%) |
Factors Impacting MGNI price | MGNI will decline at least -2.21% in a week (0% probabilities). VIXM(-37%) VXX(-36%) UUP(-25%) EDOC(-8%) TLT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.21% (StdDev 4.42%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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