MAGNITE INC (MGNI) Technical Analysis
NASDAQ:MGNI • US55955D1000
Current stock price
13.67 USD
+0.42 (+3.17%)
Last:
MGNI Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to MGNI. MGNI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- MGNI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month MGNI has a been trading in the 11.36 - 13.40 range, which is quite wide. It is currently trading near the high of this range.
- MGNI has an average volume of 2318820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, MGNI turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
- MGNI is an average performer in the Media industry, it outperforms 62% of 90 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MGNI Weekly and Daily overview Charts
MGNI Setup Rating and Analysis
The technical rating of MGNI is bad and it also does not present a quality setup 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
MGNI Support and Resistance Analysis
11.17
13.81
5 important support areas can be observed.
- A support zone ranging from 13.06 to 13.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.14 to 12.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @11.79 from a trend line in the weekly time frame.
- Support @11.56 from a horizontal line in the daily time frame.
- A support zone ranging from 11.28 to 11.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
MGNI Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MGNI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MGNI is neutral. |
| ChartMill Relative Strength | 47.54 | NEUTRAL | MGNI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MGNI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MGNI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MGNI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.39 | NEUTRAL | The RSI value for MGNI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests MGNI has a positive trend. |
| Stochastics (14,3) | 72.43 | NEUTRAL | The Stochastics value for MGNI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.3 | MEDIUM VOLATILITY | The ATR as a percentage value for MGNI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.51 | NEGATIVE | The low ADX value for MGNI suggests a weak or negative trend. |
MGNI Chart- and CandleStick Pattern Analysis
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)
MGNI Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MGNI (4/16/2026, 11:47:03 AM)
13.67
+0.42 (+3.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg3.17%
1 Week8.96%
2 Weeks11.53%
1 Month7.37%
3 Month-7.86%
6 Month-25.89%
12 Month19.05%
2 Year50.06%
3 Year40.96%
5 Year-66.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%4.3%
ATR Inc64.81%
Range Today0.32
ADR(20)0.56
ADR(20)%4.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.54
3 months CRS26.87
6 months CRS17.26
Mansfield-2.92
10 Day High13.41
10 Day Low11.41
20 Day High13.41
20 Day Low11.36
52 Week High26.65
52 Week Low10.63
CS1 End12.3
CR1 StartN/A
Volume & EV
DER(3)1.64%
DER(5)4.78%
Volume415.64K
Volume Incr-7.63%
Vol(5)1.77M
Vol(50)2.32M
MAGNITE INC / MGNI TA FAQ
What is the ChartMill technical rating of MAGNITE INC (MGNI) stock?
ChartMill assigns a technical rating of 2 / 10 to MGNI.
Can you provide the trend direction for MAGNITE INC?
The current trend direction for MAGNITE INC (MGNI) is Bearish.
Can you provide the RSI signal for MAGNITE INC?
MAGNITE INC (MGNI) has an RSI value of 62.3924. This indicates that the stock is currently neutral.
What is the MACD signal for MGNI stock?
The MACD indicator for MAGNITE INC (MGNI) has a value of 0.144962, indicating a bearish trend.
Can you provide the short term momentum for MAGNITE INC?
The short term momentum for MAGNITE INC (MGNI) is neutral.