Technical Analysis for MGNI - Magnite, Inc.

Grade Last Price % Change Price Change
D 27.59 -3.40% -0.97
MGNI closed down 3.4 percent on Tuesday, May 11, 2021, on 2.15 times normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical MGNI trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
Gilligan's Island Buy Setup Bullish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Earnings Movers Other 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%
180 Bearish Setup Bearish Swing Setup -3.40%
Expansion Breakdown Bearish Swing Setup -3.40%
Stochastic Reached Oversold Weakness -3.40%
Older End-of-Day Signals for MGNI ...

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

Alert Time
60 Minute Opening Range Breakout about 14 hours ago
5x Volume Pace about 16 hours ago
200 DMA Support about 16 hours ago
Gapped Down (Full) about 16 hours ago
3x Volume Pace about 16 hours ago
View Earlier Intraday Alerts

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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.


Sector: Technology
Industry: Software - Infrastructure
Keywords: E Commerce Digital Media Advertising Online Advertising Digital Advertising Advertising Platform Media Properties Digital Media Properties Advertising Inventory 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 64.39
52 Week Low 4.6025
Average Volume 3,116,567
200-Day Moving Average 24.94
50-Day Moving Average 40.74
20-Day Moving Average 36.77
10-Day Moving Average 35.52
Average True Range 3.53
ADX 22.53
+DI 13.37
-DI 41.70
Chandelier Exit (Long, 3 ATRs ) 32.11
Chandelier Exit (Short, 3 ATRs ) 34.42
Upper Bollinger Band 44.22
Lower Bollinger Band 29.32
Percent B (%b) -0.12
BandWidth 40.51
MACD Line -2.71
MACD Signal Line -1.79
MACD Histogram -0.9203
Fundamentals Value
Market Cap 3.09 Billion
Num Shares 112 Million
EPS -0.42
Price-to-Earnings (P/E) Ratio -65.30
Price-to-Sales 8.27
Price-to-Book 5.97
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 34.15
Resistance 3 (R3) 33.62 30.92 33.05
Resistance 2 (R2) 30.92 29.25 31.18 32.69
Resistance 1 (R1) 29.25 28.22 30.09 29.78 32.32
Pivot Point 26.55 26.55 26.96 26.81 26.55
Support 1 (S1) 24.88 24.88 25.72 25.41 22.86
Support 2 (S2) 22.18 23.85 22.44 22.49
Support 3 (S3) 20.51 22.18 22.13
Support 4 (S4) 21.04