(Magnite Inc. )
| MGNI latest price $44.9600 (-1.71%) ($44.9600 - $44.9600) on Tue. Mar. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.04% (three month average) |
RSI | 38 |
Latest Price | $44.9600(-1.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.7% a day on average for past five trading days. |
Weekly Trend | MGNI declines -4.1% a week on average for past two weeks. |
Market Behavior | Value stocks 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(74%) IBUY(73%) IPO(71%) IWO(71%) ONLN(70%) |
Factors Impacting MGNI price | MGNI will decline at least -4.02% in a week (0% probabilities). VIXM(-45%) VXX(-39%) UUP(-24%) TLT(-6%) IGOV(-4%) |
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 | -4.02% (StdDev 8.04%) |
Hourly BBV | -1.1 () |
Intraday Trend | 0% |
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