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Stock Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

Magnite, Inc. (NASDAQ:MGNI)

Strong Downtrend (-100) - MGNI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MGNI?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGNI.

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NASDAQ_MGNI
Open High Low MGNI Price Change
26.07 26.46 25.87 25.89 -0.31
Entry Signal

MarketClub’s Trade Triangles for MGNI

long term down The long-term trend has been DOWN since May 6th, 2021 at 33.460

intermediate term down The intermediate-term trend has been DOWN since Sep 29th, 2021 at 27.526

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 29.750

Smart Scan Analysis for MGNI

Based on our trend formula, MGNI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for MGNI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.07 26.46 25.87 25.89 -0.31
Prev. Close Volume Bid Ask Time
26.20 902950 2021-10-27 14:31:19
52wk High64.3952wk High Date2021-02-09
52wk Low8.6852wk Low Date2020-10-30
Average Volume1,473,844Shares Outstanding131,251
Assets254,127,500MLiabilities165,358,900M
P/E Ratio174.6667
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