MAGNITE INC (MGNI) Stock Technical Analysis
NASDAQ:MGNI - Nasdaq - US55955D1000 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to MGNI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MGNI is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MGNI did better than 94% of all other stocks. On top of that, MGNI also shows a nice and consistent pattern of rising prices.
MGNI is one of the better performing stocks in the Media industry, it outperforms 93% of 93 stocks in the same industry.
MGNI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MGNI has a been trading in the 14.89 - 17.84 range, which is quite wide. It is currently trading near the high of this range.
MGNI has an average volume of 1639420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, MGNI also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
12.75
18.18
We found 7 important support areas.
- A support zone ranging from 16.13 to 16.26. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @15.86 from a trend line in the daily time frame.
- Support @15.44 from a horizontal line in the weekly time frame.
- Support @15.14 from a horizontal line in the daily time frame.
- Support @14.81 from a trend line in the weekly time frame.
- Support @13.88 from a trend line in the daily time frame.
- Support @12.88 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.00 to 18.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.21
Mansfield2.38
10 Day High17.84
10 Day Low15.95
20 Day High17.84
20 Day Low14.89
52 Week High18.38
52 Week Low8.38
Performance
1 Week0.34%
2 Weeks12.66%
1 Month3.39%
3 Month30.12%
6 Month42.82%
12 Month86.23%
2 Year59.12%
3 Year21.47%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)60.5
LBB15.11
UBB18.44
MAGNITE INC
NASDAQ:MGNI (2/5/2025, 3:20:04 PM)
17.765
+0.05 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.31%
1 Week0.34%
2 Weeks12.66%
1 Month3.39%
3 Month30.12%
6 Month42.82%
12 Month86.23%
2 Year59.12%
3 Year21.47%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%4.57%
ATR Inc24.23%
Range Today0.52
ADR(20)0.74
ADR(20)%4.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.21
Mansfield2.38
10 Day High17.84
10 Day Low15.95
20 Day High17.84
20 Day Low14.89
52 Week High18.38
52 Week Low8.38
CS1 End16.26
CR1 Start18
Volume & EV
DER(3)-0.4%
DER(5)-0.83%
Volume923.90K
Volume Incr-16.26%
Vol(5)1.41M
Vol(50)1.64M