Technical Analysis for MGNI - Magnite, Inc.

Grade Last Price % Change Price Change
grade A 21.07 4.67% 0.94
MGNI closed up 4.67 percent on Friday, December 4, 2020, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Up
Historical MGNI trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
New 52 Week Closing High Bullish 4.67%
New 52 Week High Strength 4.67%
Multiple of Ten Bullish Other 4.67%
Wide Bands Range Expansion 4.67%
Overbought Stochastic Strength 4.67%
Older End-of-Day Signals for MGNI ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.


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.
Marketing E Commerce Advertising Online Advertising Digital Media Properties Supply Side Platform 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


Indicator Value
52 Week High 21.28
52 Week Low 4.09
Average Volume 3,429,753
200-Day Moving Average 7.86
50-Day Moving Average 11.14
20-Day Moving Average 14.86
10-Day Moving Average 18.60
Average True Range 1.25
ADX 50.1
+DI 47.31
-DI 17.69
Chandelier Exit (Long, 3 ATRs ) 17.54
Chandelier Exit (Short, 3 ATRs ) 13.08
Upper Bollinger Band 22.90
Lower Bollinger Band 6.82
Percent B (%b) 0.89
BandWidth 108.21
MACD Line 2.85
MACD Signal Line 2.32
MACD Histogram 0.5323
Fundamentals Value
Market Cap 2.36 Billion
Num Shares 112 Million
EPS -0.42
Price-to-Earnings (P/E) Ratio -49.87
Price-to-Sales 8.27
Price-to-Book 5.97
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.53
Resistance 3 (R3) 22.44 21.86 22.28
Resistance 2 (R2) 21.86 21.49 21.90 22.20
Resistance 1 (R1) 21.46 21.26 21.66 21.56 22.12
Pivot Point 20.89 20.89 20.98 20.93 20.89
Support 1 (S1) 20.49 20.52 20.69 20.58 20.02
Support 2 (S2) 19.91 20.29 19.96 19.94
Support 3 (S3) 19.52 19.91 19.86
Support 4 (S4) 19.61