Stock Trend Analysis Report
Prepared for you on Saturday, April 10, 2021.
Magnite, Inc. (NASDAQ:MGNI)
Crossroads (-60) - MGNI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for MGNI
The long-term trend has been UP since Oct 5th, 2020 at 8.2900
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 42.0000
The short-term trend has been DOWN since Apr 8th, 2021 at 38.8695
Smart Scan Analysis for MGNI
Based on our trend formula, MGNI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||64.39||52wk High Date||2021-02-09|
|52wk Low||4.6025||52wk Low Date||2020-05-14|
|Average Volume||3,022,804||Shares Outstanding||115,570|