MAGNITE INC (MGNI)
US55955D1000 - Common Stock
Taking everything into account, MGNI scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
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 part of the Media industry. There are 91 other stocks in this industry. MGNI outperforms 94% of them.
MGNI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MGNI is performing more or less in line with the market.
MGNI has an average volume of 1874140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MGNI has a been trading in the 15.26 - 18.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MGNI has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.10
17.30
7 important support areas can be observed.
- A support zone ranging from 16.32 to 16.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.55 to 15.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.38 from a trend line in the daily time frame.
- Support @12.88 from a horizontal line in the daily time frame.
- Support @12.50 from a trend line in the daily time frame.
- Support @11.90 from a horizontal line in the daily time frame.
- Support @11.21 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.27
Mansfield2.62
10 Day High17.2
10 Day Low15.26
20 Day High18.07
20 Day Low15.26
52 Week High18.38
52 Week Low8.38
Performance
1 Week3.01%
2 Weeks8.14%
1 Month-2.28%
3 Month39.27%
6 Month26.61%
12 Month92.47%
2 Year41.8%
3 Year26.23%
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)-0.06
RSI(14)59.37
LBB15.62
UBB17.01
MAGNITE INC
NASDAQ:MGNI (1/3/2025, 8:00:01 PM)
After market: 17.15 +0.02 (+0.12%)17.13
+1.03 (+6.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg6.4%
1 Week3.01%
2 Weeks8.14%
1 Month-2.28%
3 Month39.27%
6 Month26.61%
12 Month92.47%
2 Year41.8%
3 Year26.23%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%4.3%
ATR Inc28.1%
Range Today0.73
ADR(20)0.71
ADR(20)%4.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.27
Mansfield2.62
10 Day High17.2
10 Day Low15.26
20 Day High18.07
20 Day Low15.26
52 Week High18.38
52 Week Low8.38
CS1 End16.54
CR1 StartN/A
Volume & EV
DER(3)-0.23%
DER(5)0.11%
Volume1.43M
Volume Incr-7.84%
Vol(5)1.35M
Vol(50)1.87M