(Magnite Inc. )
| MGNI latest price $13.1600 (-1.42%) ($13.1600 - $13.1600) on Mon. Mar. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.61% (three month average) |
RSI | 45 |
Latest Price | $13.1600(-1.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 4.4% a day on average for past five trading days. |
Weekly Trend | MGNI declines -1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) IBUY(83%) ARKK(81%) ONLN(79%) IPO(78%) IWO(77%) |
Factors Impacting MGNI price | MGNI will decline at least -2.805% in a week (0% probabilities). VIXM(-61%) VXX(-43%) UUP(-24%) TBT(-2%) UNG(-1%) |
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 | -2.805% (StdDev 5.61%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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