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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Magnite, Inc. (NASDAQ:MGNI)
Countertrend Up (+85) - MGNI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 12.40
The intermediate-term trend has been UP since Nov 7th, 2024 at 13.41
The short-term trend has been DOWN since Nov 18th, 2024 at 15.75
Smart Scan Analysis for MGNI
Based on our trend formula, MGNI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.360 | 16.310 | 15.360 | 16.255 | +0.615 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.260 | 1392525 | 2024-11-19 15:59:35 |
| 52wk High | 17 | 52wk High Date | 2024-11-13 |
| 52wk Low | 7.735 | 52wk Low Date | 2023-11-20 |
| Average Volume | 2,248,438 | Shares Outstanding | 140,690 |
| Assets | 273,787,100M | Liabilities | 201,199,500M |
| P/E Ratio | 120.3077 |