(Magnite Inc. )
| MGNI latest price $14.2400 (5.79%) ($14.2400 - $14.2400) on Mon. Apr. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.67% (three month average) |
RSI | 76 |
Latest Price | $14.2400(5.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.7% a day on average for past five trading days. |
Weekly Trend | MGNI advances 5.2% 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(79%) ONLN(78%) IPO(77%) SKYY(76%) |
Factors Impacting MGNI price | MGNI will decline at least -2.835% in a week (0% probabilities). VIXM(-59%) VXX(-38%) UUP(-22%) EDOC(-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 | -2.835% (StdDev 5.67%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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