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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.

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Open High Low MGNI Price Change
29.49 30.39 28.95 30.23 +0.74
Entry Signal

MarketClub’s Trade Triangles for MGNI

long term down The long-term trend has been DOWN since May 6th, 2021 at 33.460

intermediate term up The intermediate-term trend has been UP since Jun 7th, 2021 at 31.355

short term down 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).

Smart Scan Analysis for MGNI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.49 30.39 28.95 30.23 +0.74
Prev. Close Volume Bid Ask Time
29.49 1793849 2021-06-21 15:59:51
52wk High64.3952wk High Date2021-02-09
52wk Low5.5752wk Low Date2020-09-11
Average Volume2,365,311Shares Outstanding128,859
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