Technical Analysis for MGNI - Magnite, Inc.

Grade Last Price % Change Price Change
D 9.29 1.86% 0.17
MGNI closed up 1.33 percent on Thursday, May 2, 2024, on approximately normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line.
Earnings due: May 8
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Down Up

Date Alert Name Type % Chg
200 DMA Resistance Bearish 1.86%
Crossed Above 20 DMA Bullish 1.86%
Gapped Up Strength 1.86%
20 DMA Resistance Bearish 3.22%
Pocket Pivot Bullish Swing Setup 3.22%
Gapped Down Weakness 5.21%
20 DMA Resistance Bearish 1.20%
200 DMA Resistance Bearish 1.20%
Gapped Up Strength 1.20%
20 DMA Resistance Bearish 1.09%

   Recent Intraday Alerts

Alert Time
200 DMA Support about 1 hour ago
Rose Above 200 DMA about 1 hour ago
Gapped Up (Full) about 1 hour ago
Rose Above Previous Day's High about 1 hour ago
200 DMA Resistance about 1 hour ago

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Profile

Magnite, Inc. Description

Magnite Inc. operates an independent sell-side advertising platform in the United States and internationally. The company offers applications and services for digital advertising inventory sellers, including websites, mobile applications, and other digital media properties, to sell their advertising inventory; applications and services for buyers, such as advertisers, agencies, agency trading desks, and demand side platforms, to buy advertising inventory; and a marketplace over which such transactions are executed. It also provides demand manager services for sellers to monetize their advertising inventory through configuration tools and analytics to make it easier to deploy, configure, and optimize prebid-based header bidding solutions. The company is headquartered in Los Angeles, California.


Classification

Sector: Technology
Industry: Software - Infrastructure
Keywords: E Commerce Digital Media Online Advertising Advertising Digital Advertising Advertising Platform Media Properties Advertising Inventory Demand Side Platform Digital Media Properties Media Manipulation

Is MGNI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 15.73
52 Week Low 6.28
Average Volume 1,250,437
200-Day Moving Average 9.25
50-Day Moving Average 10.17
20-Day Moving Average 9.08
10-Day Moving Average 8.92
Average True Range 0.39
RSI (14) 45.65
ADX 18.44
+DI 24.43
-DI 25.45
Chandelier Exit (Long, 3 ATRs) 9.03
Chandelier Exit (Short, 3 ATRs) 9.55
Upper Bollinger Bands 9.93
Lower Bollinger Band 8.23
Percent B (%b) 0.52
BandWidth 18.73
MACD Line -0.30
MACD Signal Line -0.38
MACD Histogram 0.0745
Fundamentals Value
Market Cap 1.26 Billion
Num Shares 138 Million
EPS -1.67
Price-to-Earnings (P/E) Ratio -5.46
Price-to-Sales 2.21
Price-to-Book 2.01
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.58
Resistance 3 (R3) 9.60 9.46 9.51
Resistance 2 (R2) 9.46 9.34 9.45 9.48
Resistance 1 (R1) 9.29 9.27 9.22 9.27 9.45
Pivot Point 9.15 9.15 9.11 9.14 9.15
Support 1 (S1) 8.98 9.03 8.91 8.97 8.79
Support 2 (S2) 8.84 8.96 8.83 8.76
Support 3 (S3) 8.67 8.84 8.74
Support 4 (S4) 8.66