Stock Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
Magnite, Inc. (NASDAQ:MGNI)
Weak Downtrend (-65) - MGNI is showing signs of a strengthening downtrend. Monitor MGNI as it may be building momentum to the downside.
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 DOWN since May 6th, 2021 at 33.460
The intermediate-term trend has been UP since Jun 7th, 2021 at 31.355
The short-term trend has been DOWN since Jun 14th, 2021 at 31.910
Smart Scan Analysis for MGNI
Based on our trend formula, MGNI is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||64.39||52wk High Date||2021-02-09|
|52wk Low||5.57||52wk Low Date||2020-09-11|
|Average Volume||2,365,311||Shares Outstanding||128,859|