(Magnite Inc. )
| MGNI latest price $17.5700 (-4.54%) ($17.5700 - $17.5700) on Thu. Dec. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.44% (three month average) |
RSI | 27 |
Latest Price | $17.5700(-4.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.5% a day on average for past five trading days. |
Weekly Trend | MGNI declines -6.1% 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(82%) IBUY(82%) IPO(80%) ONLN(79%) IWO(76%) |
Factors Impacting MGNI price | MGNI will decline at least -2.22% in a week (0% probabilities). VIXM(-55%) VXX(-45%) UUP(-19%) TLT(-6%) UNG(-5%) |
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 | -2.22% (StdDev 4.44%) |
Hourly BBV | -1.9 () |
Intraday Trend | 0% |
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