(Magnite Inc. )
| MGNI latest price $13.8950 (16.18%) ($13.8950 - $13.8950) on Fri. Feb. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 44 |
Latest Price | $13.8950(16.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 2.3% a day on average for past five trading days. |
Weekly Trend | MGNI declines -1.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) IBUY(82%) ARKK(81%) IPO(79%) ONLN(79%) IWO(76%) |
Factors Impacting MGNI price | MGNI will decline at least -2.245% in a week (0% probabilities). VIXM(-58%) VXX(-46%) UUP(-24%) TLT(-6%) UNG(-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 | -2.245% (StdDev 4.49%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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