(Magnite Inc. )
| MGNI latest price $7.7150 (4.05%) ($7.7150 - $7.7150) on Fri. Sep. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.77% (three month average) |
RSI | 27 |
Latest Price | $7.7150(4.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 1% a day on average for past five trading days. |
Weekly Trend | MGNI declines -6.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) SPLV(74%) USO(43%) UUP(-85%) TIP(40%) TBT(-21%) |
Factors Impacting MGNI price | MGNI will decline at least -2.385% in a week (0% probabilities). EDOC(36%) LQD(52%) BNDX(22%) BND(43%) KWEB(57%) |
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 | -2.385% (StdDev 4.77%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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