(Magnite Inc. )
| MGNI latest price $30.0100 (-3.63%) ($30.0100 - $30.0100) on Fri. Jan. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.12% (three month average) |
RSI | 43 |
Latest Price | $30.0100(-3.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 3.6% a day on average for past five trading days. |
Weekly Trend | MGNI declines -4.3% 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(69%) IBUY(69%) IWO(69%) ONLN(69%) IPO(67%) |
Factors Impacting MGNI price | MGNI will decline at least -3.06% in a week (0% probabilities). VIXM(-39%) VXX(-37%) UUP(-25%) TLT(-5%) IGOV(-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 | -3.06% (StdDev 6.12%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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