MGNI· Communication Services› Advertising Agencies

Magnite, Inc.

Stage 2 · Advancing · week 16

As of Oct 22, 2026, Magnite is in Stage 2, the uptrend phase, now in week 16 (since Jul 7, 2026). It closed at $23.13, 9.9% below its 52-week high and above its 200-day average, which is rising.

Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. More about the company

$23.13

-1.83% today

$3.3B · Mid cap

Market Neutral — Building

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

—

Momentum

Steady

Edge

—

Setup-score rank among Stage 2 peers: #1 of 8 in Advertising Agencies · #1 of 54 in Communication Services

Is MGNI early, or has it already run? Pro answers that for every US stock we cover, after every close.

Get Pro · $19 a month

Renews monthly until you cancel. Cancel any time in Plan & billing.

Loading price chart…

Stage Cycle Timeline2023-08-16 → 2026-10-22

S1 14w

S2 16w

S2 17w

S2 14w

S4 23w

S2 15w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 1w → S3 4w → S4 11w → S1 14w → S2 6w → S3 5w → S2 16w → S3 7w → S2 17w → S3 5w → S4 6w → S1 4w → S2 14w → S3 8w → S4 23w → S1 9w → S2 15w current

Total tracked: 166 weeks across 17 stage runs.

MGNI among Advertising Agencies5th of 38 by relative strength

All 38 →

Stocks in Advertising Agencies ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	TJGCTJGC Group Limited Class A	Stage 2 · wk 7	99	+88.7%
2	EVCEntravision Communications Corporation	Stage 3 · wk 8	98	−20.6%
3	STGWStagwell Inc. Class A	Stage 2 · wk 31	91	+6.0%
4	ZDZiff Davis, Inc.	Stage 2 · wk 31	87	+2.1%
5	MGNIMagnite, Inc.	Stage 2 · wk 16	71	−3.9%
6	FLNTFluent, Inc.	Stage 3 · wk 5	70	−20.3%
7	DVDoubleVerify Holdings, Inc.	Stage 2 · wk 13	69	+1.2%
8	WPPWPP plc	Stage 2 · wk 11	68	+8.5%

vs 52W High

-9.9%

$11.20 lo$25.67 hi

9.9% below 52W high, pullback range

How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.

Stage Maturity

Week 16

1w13w26w

Week 16, proven structure

How long this stock has been in Stage 2. The sweet spot is mid-run: long enough to prove the structure holds, not so long that it's extended. Very fresh moves (weeks 1–4) often need more time to confirm.

vs 200 DMA

32.7%

200 DMA: $17.43 · rising

Long-term trend anchor. When the stock and the S&P 500 are both above their 200-day averages, the backdrop supports continuation.

Rel Volume

0.77x

vs 50-day avg

Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

-3.9%

+25.0%

+84.6%

YTD

+44.0%

+22.1%

Scan Membership

Breakout Watch

Latest: 2025-06-24

11 appearances in last 60 days. First seen: 2018-10-16.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S2

Wk 16 · Vol 0.77x

2026-10-21S2

Wk 16 · Vol 0.46x

2026-10-20S2

Wk 15 · Vol 0.52x

2026-10-19S2

Wk 15 · Vol 0.56x

2026-10-16S2

Wk 15 · Vol 0.61x

2026-10-15S2

Wk 15 · Vol 0.77x

2026-10-14S2

Wk 15 · Vol 0.89x

2026-10-13S2

Wk 14 · Vol 0.60x

2026-10-12S2

Wk 14 · Vol 0.53x

2026-10-09S2

Wk 14 · Vol 0.61x

2026-10-08S2

Wk 14 · Vol 0.87x

2026-10-07S2

Wk 14 · Vol 0.88x

Moving averages & range

50 DMA

$24.24

200 DMA

$17.43

52W High

$25.67

52W Low

$11.20

5D Low

$23.13

Resistance levels (recent highs)

20d High

$25.67

60d High

$25.67

120d High

$25.67

250d High

$25.67

Next resistance

+11.0%

to 20d High

P/E (TTM)

21.0

Forward 17.5

Earnings Growth (YoY)

+65.3%

Revenue +11.2%

ROE

+19.6%

Profit margin +22.5%

Dividend Yield

0.00%

P/B 3.5

Magnite: quick answers

What stage is Magnite in?

As of Oct 22, 2026, Magnite (MGNI) is in Stage 2, the uptrend phase. It entered Stage 2 on Jul 7, 2026 and is in week 16. What the four stages mean

Is Magnite in an uptrend?

Yes. Magnite is in a Stage 2 uptrend. It trades 32.7% above its 200-day average, which is rising.

How far is Magnite from its 52-week high?

Magnite closed at $23.13 on Oct 22, 2026, 9.9% below its 52-week high of $25.67. Its 52-week low is $11.20.

How has Magnite performed over the past year?

As of Oct 22, 2026, Magnite is up 22.1% over the past year and up 44.0% so far in 2026.

Which sector and industry is Magnite in?

Magnite is in the Advertising Agencies industry, part of the Communication Services sector.

About this companyCommunication Services· Advertising Agencies

Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory, or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that brings buyers and sellers together. It markets its solutions through sales teams that operate from various locations. Magnite, Inc. was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. The company was incorporated in 2007 and is headquartered in New York, New York.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.