(Magnite Inc. )
| MGNI latest price $30.3650 (0.81%) ($30.3300 - $30.3650) on Thu. Oct. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.98% (three month average) |
RSI | 45 |
Latest Price | $30.3650(0.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.4% a day on average for past five trading days. |
Weekly Trend | MGNI declines -0.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) ARKK(79%) IBUY(78%) IPO(77%) ONLN(76%) IWO(73%) |
Factors Impacting MGNI price | MGNI will decline at least -1.99% in a week (0% probabilities). VIXM(-52%) VXX(-39%) UUP(-22%) TLT(-7%) UNG(-3%) |
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 | -1.99% (StdDev 3.98%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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