(Magnite Inc. )
| MGNI latest price $8.7750 (8.87%) ($8.7750 - $8.7750) on Wed. Jul. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.91% (three month average) |
RSI | 45 |
Latest Price | $8.7750(8.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1.8% a day on average for past five trading days. |
Weekly Trend | MGNI declines -6.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) IBUY(83%) BLOK(78%) ARKK(76%) XLC(74%) ONLN(73%) |
Factors Impacting MGNI price | MGNI will decline at least -2.955% in a week (0% probabilities). UUP(-32%) UNG(-14%) SHY(-5%) TLT(-4%) BNDX(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.955% (StdDev 5.91%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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