(Magnite Inc. )
| MGNI latest price $7.8750 (2.07%) ($7.8750 - $7.8750) on Mon. Sep. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.77% (three month average) |
RSI | 37 |
Latest Price | $7.8750(2.07%) |
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 -4.5% 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(86%) USO(32%) UUP(-90%) SDY(87%) SHY(50%) |
Factors Impacting MGNI price | MGNI will decline at least -2.385% in a week (0% probabilities). LQD(38%) BNDX(16%) BND(43%) CEMB(55%) KWEB(75%) |
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 | 1.1 () |
Intraday Trend | 0% |
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