Overall MGNI gets a technical rating of 0 out of 10. MGNI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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
9.41
When analyzing the support we can see 3 important areas.
- A support zone ranging from 14.07 to 14.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.12 to 13.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @9.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.71 to 14.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for MGNI is down. |
| ChartMill Relative Strength | 10.92 | NEGATIVE | MGNI has a low relative strength, it was outperformed by 89.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGNI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MGNI is below 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) | 41.56 | NEUTRAL | The RSI value for MGNI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests MGNI has a positive trend. |
| Stochastics (14,3) | 69.49 | NEUTRAL | The Stochastics value for MGNI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.37 | HIGH VOLATILITY | The high ATR as a percentage value for MGNI suggests high volalility. |
| Average Directional Index/ADX (14) | 34.74 | POSITIVE | The high ADX value value for MGNI suggests a strong trend. |
NASDAQ:MGNI (12/2/2025, 1:13:50 PM)
14.45
-0.33 (-2.23%)
MAGNITE INC / MGNI FAQ
What is the ChartMill technical rating of MAGNITE INC (MGNI) stock?
ChartMill assigns a technical rating of 0 / 10 to MGNI.
What is the current trend direction of MAGNITE INC (MGNI) stock?
The current trend direction for MAGNITE INC (MGNI) is Bearish.
What is the RSI signal for MAGNITE INC (MGNI) stock?
MAGNITE INC (MGNI) has an RSI value of 41.5588. This indicates that the stock is currently neutral.
What is the short term momentum for MGNI stock?
The short term momentum for MAGNITE INC (MGNI) is negative.
What is the buy/sell signal for MAGNITE INC (MGNI) stock?
The buy/sell signal for MAGNITE INC (MGNI) is sell as both the short term and long term trends are negative.