(Magnite Inc. )
| MGNI latest price $10.6350 (0.14%) ($10.6350 - $10.6350) on Mon. May. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.56% (three month average) |
RSI | 55 |
Latest Price | $10.6350(0.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.4% a day on average for past five trading days. |
Weekly Trend | MGNI advances 2.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) IBUY(85%) ARKK(83%) ONLN(81%) IPO(80%) SKYY(77%) |
Factors Impacting MGNI price | MGNI will decline at least -2.78% in a week (0% probabilities). VIXM(-70%) VXX(-29%) UUP(-24%) UNG(-7%) TLT(-3%) |
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 | -2.78% (StdDev 5.56%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0% |
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