(Magnite Inc. )
| MGNI latest price $31.3300 (-2.46%) ($31.3300 - $31.3300) on Mon. Jul. 26, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.24% (three month average) |
RSI | 37 |
Latest Price | $31.3300(-2.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.9% a day on average for past five trading days. |
Weekly Trend | MGNI declines -2.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) ARKK(76%) IBUY(76%) IPO(75%) ONLN(73%) IWO(72%) |
Factors Impacting MGNI price | MGNI will decline at least -2.62% in a week (0% probabilities). VIXM(-51%) VXX(-40%) UUP(-21%) TLT(-9%) SHY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.62% (StdDev 5.24%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0% |
| |
|
|