(Magnite Inc. )
| MGNI latest price $7.5250 (1.01%) ($7.5250 - $7.5250) on Wed. Sep. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.77% (three month average) |
RSI | 35 |
Latest Price | $7.5250(1.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGNI advances 0.5% a day on average for past five trading days. |
Weekly Trend | MGNI declines -2.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MGNI advance at 0% a week (0% probability) SPLV(86%) USO(32%) UUP(-89%) 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 | -0.5 () |
Intraday Trend | 0% |
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