Trading Signals: MGNI Stock Price Prediction and Forecast

^ MGNI: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Thu. Dec. 24, 2020

Trading Signals: MGNI Stock Price Prediction and Forecast (Mon. Dec. 7, 2015 - Wed. Sep. 14, 2022)

(Magnite Inc. )
MGNI latest price $32.5150 (2.51%) ($32.5150 - $32.5150) on Thu. Dec. 24, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.65% (three month average)
RSI   76
Latest Price   $32.5150(2.51%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGNI advances 9.8% a day on average for past five trading days.
Weekly Trend   MGNI advances 23% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Normal 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 -2.825% 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.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.825% (StdDev 5.65%)
Hourly BBV -2.4 ()
Intraday Trend 0%

Inflection Point   Yes
5 Day Moving Average   $28.13(15.59%)
10 Day Moving Average   $23.99(35.54%)
20 Day Moving Average   $21.83(48.95%)
To recent high   0%
To recent low   423.6%
Market Cap   $24.683b

$. MGNI price fluctuates within 19.15% (three month std-dev: 5.65%) daily (68% of days).

Sample size 11 Average positive next day return: 6.37%(55%) Average negative next day return: -4.44%(45%) Sample size 11 Average positive next three day return: 10.66%(55%) Average negative next three day return: -6.47%(45%) Sample size 11 Average positive next weekly return: 14.12%(64%) Average negative next weekly return: -7.15%(36%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210124

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_24_2020	11.25	21.83	23.99	28.13	29.36	32.12	32.52(2.51%)	UT	HoldLong	65	1.1	121	790	71	272	6.61	85%	2.37	84.6	5.65%	-2.4	2.6	76	1.3
2	Dec_23_2020	10.99	21.1	22.62	25.61	27.04	29.47	31.72(16.57%)	UT	HoldLong	65	1.8	108	800	78	199	18.01	85%	2.42	90.5	5.68%	1.3	3.1	77	0.5
3	Dec_22_2020	10.73	20.36	21.23	23.19	24.08	26.61	27.21(4.65%)	UT	OpenLong	75	1.7	75	850	59	123	9.38	84%	2	110.5	5.44%	1	2.9	74	-0.7
4	Dec_21_2020	10.52	19.81	20.4	21.45	22.18	24.61	26(11.95%)	UT	OpenLong	75	2.4	67	870	65	74	11.37	84%	2.04	124.5	5.45%	1.4	3.2	73	-1.6
5	Dec_18_2020	10.31	19.23	19.78	20	20.31	21.55	23.23(16.83%)	UT	OpenLong	75	2	35	470	38	26	12.45	83%	1.68	131.5	5.34%	1.3	2.5	68	1.2

6	Dec_17_2020	10.14	18.78	19.51	19.24	19.19	19.75	19.88(1.35%)	N/A	N/A	0	0.4	6	200	9	-2	2.41	81%	1.4	128	5.02%	0.9	0.7	53	1.6
7	Dec_16_2020	10	18.42	19.52	19.16	19.06	19.06	19.62(5.97%)	UT	OpenLong	75	0.2	7	-20	9	2	2.53	82%	1.42	103.7	5.05%	1.7	0.5	55	1.5
8	Dec_15_2020	9.86	18.02	19.48	18.95	19.03	18.64	18.51(-1.33%)	DT	OpenShort	-75	-0.2	-7	-130	-8	-4	2.5	82%	1.34	84.5	5.11%	-1.4	0.2	58	0.8
9	Dec_14_2020	9.73	17.69	19.55	19.14	19.05	19.06	18.76(-3.4%)	N/A	N/A	0	-0.1	-6	-10	-12	14	2.33	82%	1.35	78.3	5.09%	-1.4	0.3	66	-0.6
10	Dec_11_2020	9.6	17.31	19.58	19.49	19.22	19.42	19.42(-0.26%)	UD	OpenLong	65	-0	10	30	-5	55	3.42	82%	1.37	74.3	5.06%	0.3	0.6	77	0.3

11	Dec_10_2020	9.47	16.84	19.59	19.82	19.51	19.04	19.47(4.62%)	UD	OpenLong	65	-0.1	22	-220	-4	101	0.17	78%	1.5	70.8	5.1%	0.8	0.7	79	0.9
12	Dec_9_2020	9.33	16.39	19.55	19.95	19.84	19.03	18.61(-4.29%)	UD	OpenLong	65	-0.3	28	-300	-13	149	5.07	78%	1.3	69.6	5.23%	-1.3	0.6	84	1
13	Dec_8_2020	9.21	15.99	19.49	20.07	20.07	19.98	19.45(-5.22%)	UD	OpenLong	65	-0.2	50	-30	-4	212	5.1	76%	1.43	70.3	5.18%	0	0.8	89	1.6
14	Dec_7_2020	9.08	15.57	19.24	19.98	19.89	20.66	20.52(-2.63%)	TP	CloseLong	-10	0.1	77	260	13	267	4.67	78%	1.57	73	5.18%	0	1.2	91	1.1
15	Dec_4_2020	8.94	15.1	18.69	19.67	19.6	20.15	21.07(4.67%)	UT	HoldLong	65	0.3	91	190	19	306	3.7	76%	1.71	76.7	5.19%	0	1.5	94	1.2

16	Dec_3_2020	8.79	14.56	18.02	19.35	19.1	19.13	20.13(5.01%)	UT	HoldLong	65	0.2	90	-30	5	343	3.86	74%	1.62	79.7	5.27%	0	1.4	95	0.9
17	Dec_2_2020	8.65	14.05	17.24	19.12	19.09	19.05	19.17(0.92%)	UT	HoldLong	65	0	99	-20	6	376	3.77	74%	1.53	83.5	5.32%	0	1.4	89	1
18	Dec_1_2020	8.52	13.55	16.45	18.84	19.02	19.07	19(-0.03%)	UD	OpenLong	75	0	110	50	12	403	4.05	74%	1.55	83.6	5.32%	0	1.5	88	1
19	Nov_30_2020	8.39	13.06	15.69	18.37	18.49	19.14	19(-2.41%)	UD	OpenLong	75	0.2	123	270	24	418	6.17	74%	1.57	83	5.27%	0	1.7	80	1.1
20	Nov_27_2020	8.26	12.54	14.86	17.52	17.8	18.97	19.47(2.58%)	UT	HoldLong	65	0.6	130	510	42	392	3.99	74%	1.72	77.9	5.28%	0	2.1	79	1.1

21	Nov_25_2020	8.12	12.02	13.87	16.46	16.58	17.84	18.98(7.05%)	UT	HoldLong	65	0.9	127	550	54	346	7.77	74%	1.5	76	5.3%	0	2.4	80	1.3
22	Nov_24_2020	8	11.51	12.95	15.07	15.27	16.64	17.73(6.23%)	UT	HoldLong	65	1.1	113	670	58	279	5.79	73%	1.27	69.9	5.26%	0	2.6	80	1.1
23	Nov_23_2020	7.9	11.07	12.16	13.72	13.86	15.32	16.69(13.38%)	UT	HoldLong	65	1.5	94	770	54	212	6.11	72%	1.15	64.1	5.23%	0	2.9	81	1.1
24	Nov_20_2020	7.81	10.68	11.55	12.62	12.62	13.91	14.72(3.88%)	UT	HoldLong	65	1.4	80	720	49	173	5.88	69%	1.03	61.1	5.02%	0	2.7	78	1.2
25	Nov_19_2020	7.73	10.42	11.17	11.79	11.71	12.4	14.17(17.5%)	UT	HoldLong	65	2	73	390	48	148	9.3	69%		60.6	5.02%	0	3.2	78	1.3
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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