(Magnite Inc. )
| MGNI latest price $27.7850 (2.96%) ($27.7850 - $27.7850) on Mon. Nov. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.26% (three month average) |
RSI | 49 |
Latest Price | $27.7850(2.96%) |
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 -5.5% a week on average for past two weeks. |
Market Behavior | Value stock 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(80%) IBUY(79%) IPO(78%) ONLN(76%) ARKG(73%) |
Factors Impacting MGNI price | MGNI will decline at least -2.13% in a week (0% probabilities). VIXM(-53%) VXX(-38%) UUP(-22%) TLT(-7%) SHY(-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 | -2.13% (StdDev 4.26%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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