Free Daily Analysis
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.
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.
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MarketClub’s Trade Triangles for MGNI
The long-term trend has been DOWN since May 6th, 2021 at 33.460
The intermediate-term trend has been DOWN since Sep 29th, 2021 at 27.526
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).
| 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 High | 64.39 | 52wk High Date | 2021-02-09 |
| 52wk Low | 8.68 | 52wk Low Date | 2020-10-30 |
| Average Volume | 1,473,844 | Shares Outstanding | 131,251 |
| Assets | 254,127,500M | Liabilities | 165,358,900M |
| P/E Ratio | 174.6667 |