Magnite Stock Overlap Studies Bollinger Bands

MGNI Stock  USD 16.34  0.62  3.94%   
Magnite overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against Magnite. Magnite value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Bollinger Bands study function is designed to identify and follow existing trends. Magnite overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Time Period, Deviations up, Deviations down, and MA Type.

Execute Study
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Magnite middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Magnite. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Magnite Technical Analysis Modules

Most technical analysis of Magnite help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Magnite from various momentum indicators to cycle indicators. When you analyze Magnite charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Magnite Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Magnite. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magnite based on widely used predictive technical indicators. In general, we focus on analyzing Magnite Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magnite's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Magnite's intrinsic value. In addition to deriving basic predictive indicators for Magnite, we also check how macroeconomic factors affect Magnite price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding722.95617.65692.81400.78
PTB Ratio2.511.781.821.73
Hype
Prediction
LowEstimatedHigh
12.9116.3219.73
Details
Intrinsic
Valuation
LowRealHigh
11.4914.9018.31
Details
Naive
Forecast
LowNextHigh
12.6016.0019.41
Details
13 Analysts
Consensus
LowTargetHigh
12.8814.1515.71
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Magnite in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Magnite's short interest history, or implied volatility extrapolated from Magnite options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
FinTech Idea
FinTech
Invested over 40 shares
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Driverless Cars
Invested over 50 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 200 shares
Momentum Idea
Momentum
Invested over 50 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested over 40 shares
Impulse Idea
Impulse
Invested few shares
Millennials Best Idea
Millennials Best
Invested few shares
Semiconductor Idea
Semiconductor
Invested few shares
Investing Idea
Investing
Invested few shares
When determining whether Magnite offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magnite's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magnite Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnite Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnite. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magnite. If investors know Magnite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magnite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.93)
Earnings Share
0.13
Revenue Per Share
4.728
Quarterly Revenue Growth
0.079
Return On Assets
0.0111
The market value of Magnite is measured differently than its book value, which is the value of Magnite that is recorded on the company's balance sheet. Investors also form their own opinion of Magnite's value that differs from its market value or its book value, called intrinsic value, which is Magnite's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magnite's market value can be influenced by many factors that don't directly affect Magnite's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magnite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnite's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.