STOCKSERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.Updated 2026-08-16
Here’s whether Magnite, Inc. Common Stock (MGNI) is worth buying in 2026 —
based on weekly-updated price trend, RSI momentum, and return vs.
the S&P 500. Our current read: Bullish.
🟢
Bullish
Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); 50-day MA is rising (+10.53% over 10 days); 3-month momentum positive (+92.9%); rising volume confirms the move (1.35x 30d avg). Concerns: RSI 86 — overbought, elevated pullback risk. Currently 7.2% off its 52-week high. Score: +5/7.
MGNI is in a confirmed uptrend, trading above both its 50-day ($19.47) and 200-day ($15.37) moving averages. With an RSI of 85.7, momentum has stretched into overbought territory — short-term pullbacks are common from these levels. The 1-year return of +4.8% compares to +20.4% for SPY (trailed the market by 15.5%).
$10,000 invested 1 year ago→ $10,483 today
vs. S&P 500 (SPY) — same period trailed market by 15.5%
1-Year Price Chart
Daily candles
MA-50MA-200UpDown
Signal Check
✓Above 200-day MA ($15.37)
✓Above 50-day MA ($19.47)
!RSI(14) neutral zone (30–70) — currently 85.7
✓Positive return (+4.8%)
✓Within 10% of period high (−7.2%)
Period Range $24.73
$10.82$26.65
RSI (14) 85.7
0 · OversoldOverbought · 100
Key Metrics
Price$24.73
Period Return+4.8%
Period High$26.65
Period Low$10.82
Drawdown−7.2%
MA-50$19.47
MA-200$15.37
RSI (14)85.7
Avg Volume (30d)2.7M
vs. SPYtrailed by 15.5%
Return Rank#640 of 1252
Trend Signals
Price is above the 200-day moving average ($15.37)