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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Magnite, Inc. (NASDAQ:MGNI)
Bull Market Weakness (+75) - MGNI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MGNI as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for MGNI
The long-term trend has been UP since May 16th, 2024 at 12.400
The intermediate-term trend has been UP since May 7th, 2024 at 9.470
The short-term trend has been DOWN since Jul 24th, 2024 at 14.515
Smart Scan Analysis for MGNI
Based on our trend formula, MGNI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.48 | 14.52 | 14.27 | 14.40 | +0.29 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.11 | 991539 | 2024-07-26 15:59:55 |
| 52wk High | 15.92 | 52wk High Date | 2024-07-16 |
| 52wk Low | 6.28 | 52wk Low Date | 2023-10-26 |
| Average Volume | 1,866,963 | Shares Outstanding | 140,024 |
| Assets | 245,406,900M | Liabilities | 175,869,200M |
| P/E Ratio | 106.1429 |