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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Magnite, Inc. (NASDAQ:MGNI)
Sidelines Mode (+55) - MGNI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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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 DOWN since Dec 17th, 2024 at 16.072
The short-term trend has been UP since Dec 26th, 2024 at 16.620
Smart Scan Analysis for MGNI
Based on our trend formula, MGNI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.36 | 16.68 | 16.27 | 16.64 | +0.22 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.42 | 369879 | 2024-12-26 14:28:02 |
| 52wk High | 18.38 | 52wk High Date | 2024-11-25 |
| 52wk Low | 8.375 | 52wk Low Date | 2024-04-22 |
| Average Volume | 1,504,651 | Shares Outstanding | 140,690 |
| Assets | 273,787,100M | Liabilities | 201,199,500M |
| P/E Ratio | 126.3077 |