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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.

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

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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).

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
P/E Ratio174.6667
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