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Stock Trend Analysis Report

Prepared for you on Saturday, December 7, 2024.

Magnite, Inc. (NASDAQ:MGNI)

Strong Uptrend (+100) - MGNI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MGNI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MGNI
Open High Low MGNI Price Change
17.610 18.065 17.510 18.010 +0.540
Entry Signal

MarketClub’s Trade Triangles for MGNI

long term up The long-term trend has been UP since May 16th, 2024 at 12.40

intermediate term up The intermediate-term trend has been UP since Nov 7th, 2024 at 13.41

short term up The short-term trend has been UP since Dec 2nd, 2024 at 16.87

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
17.610 18.065 17.510 18.010 +0.540
Prev. Close Volume Bid Ask Time
18.000 1151763 2024-12-06 15:59:44
52wk High18.3852wk High Date2024-11-25
52wk Low8.0552wk Low Date2023-12-08
Average Volume2,493,832Shares Outstanding140,690
Assets273,787,100MLiabilities201,199,500M
P/E Ratio134.3846
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