(Magnite Inc. )
| MGNI latest price $31.7200 (16.57%) ($31.7200 - $31.7200) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.68% (three month average) |
RSI | 77 |
Latest Price | $31.7200(16.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 10.4% a day on average for past five trading days. |
Weekly Trend | MGNI advances 15.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) ARKK(67%) IBUY(67%) IWO(67%) ONLN(66%) IPO(65%) |
Factors Impacting MGNI price | MGNI will decline at least -2.84% in a week (0% probabilities). VIXM(-38%) VXX(-37%) UUP(-24%) TLT(-5%) UNG(-1%) |
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 | -2.84% (StdDev 5.68%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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