Long Trade Setup Breakdown for Magnite, Inc. (MGNI) - 30-Min!📊
🔹 Asset: Magnite, Inc. (MGNI)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Symmetrical Triangle Breakout
🚀 Trade Plan (Long Position):
✅ Entry Zone: $20.52 (Breakout Confirmation)
✅ Stop-Loss (SL): $19.72 (Below Support)
🎯 Take Profit Targets (Long Trade):
📌 TP1: $21.27 (First Resistance)
📌 TP2: $2
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0.16 USD
22.79 M USD
668.17 M USD
138.38 M
About Magnite, Inc.
Sector
Industry
CEO
Michael G. Barrett
Website
Headquarters
New York
Founded
2007
FIGI
BBG000PBDRC0
Magnite, Inc. provides a technology solution to automate the purchase and sale of digital advertising inventory for buyers and sellers. It features applications and services for digital advertising sellers including websites, mobile applications, and other digital media properties. The company was founded by Frank Addante, Duc Chau, Craig Roah, Julie Mattern and Brian D. Baumgart on April 20, 2007 and is headquartered in New York, NY.
MGNI - Dec 24 Opening Sustainable Momentum
Grading B 6 points
No idea, it is a pure technical play +1
Greater force - There is alignment with RUT +2
Technicals - Break of consolidation, break below H1 SMA100, H1 Opening candle bull rejection candle +3
Opening Sustainable Momentum 🧑🏻🚀
Strategy
Signals identify market opening H1 candl
MGNI following value channel 2021 trendline
Establishing it's rising trajectory prior to 2021, MGNI has established a value channel trend from 4 near today's price of 13. With the current pullback into the fib pocket I can see a possibility of the price being supported and continuing through the trend channel paired with positive developme
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of MGNI is 11.13 USD — it has increased by 12.42% in the past 24 hours. Watch Magnite, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Magnite, Inc. stocks are traded under the ticker MGNI.
MGNI stock has risen by 1.18% compared to the previous week, the month change is a −14.78% fall, over the last year Magnite, Inc. has showed a 26.62% increase.
We've gathered analysts' opinions on Magnite, Inc. future price: according to them, MGNI price has a max estimate of 25.00 USD and a min estimate of 11.00 USD. Watch MGNI chart and read a more detailed Magnite, Inc. stock forecast: see what analysts think of Magnite, Inc. and suggest that you do with its stocks.
MGNI reached its all-time high on Feb 9, 2021 with the price of 64.39 USD, and its all-time low was 1.48 USD and was reached on Mar 1, 2018. View more price dynamics on MGNI chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MGNI stock is 19.64% volatile and has beta coefficient of 1.91. Track Magnite, Inc. stock price on the chart and check out the list of the most volatile stocks — is Magnite, Inc. there?
Today Magnite, Inc. has the market capitalization of 1.59 B, it has decreased by −6.46% over the last week.
Yes, you can track Magnite, Inc. financials in yearly and quarterly reports right on TradingView.
Magnite, Inc. is going to release the next earnings report on May 7, 2025. Keep track of upcoming events with our Earnings Calendar.
MGNI earnings for the last quarter are 0.34 USD per share, whereas the estimation was 0.36 USD resulting in a −6.20% surprise. The estimated earnings for the next quarter are 0.069 USD per share. See more details about Magnite, Inc. earnings.
Magnite, Inc. revenue for the last quarter amounts to 180.20 M USD, despite the estimated figure of 184.08 M USD. In the next quarter, revenue is expected to reach 142.27 M USD.
MGNI net income for the last quarter is 36.41 M USD, while the quarter before that showed 5.21 M USD of net income which accounts for 598.25% change. Track more Magnite, Inc. financial stats to get the full picture.
No, MGNI doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 20, 2025, the company has 905 employees. See our rating of the largest employees — is Magnite, Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Magnite, Inc. EBITDA is 109.60 M USD, and current EBITDA margin is 16.40%. See more stats in Magnite, Inc. financial statements.
Like other stocks, MGNI shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Magnite, Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Magnite, Inc. technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Magnite, Inc. stock shows the sell signal. See more of Magnite, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.