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Is MGNI getting ready to pop? NR7 shows up after gaining 0.99%

Magnite, Inc. (MGNI) — Nightly Technical Analysis · Aug 13, 2026, 19:57 ET
MGNI closed up 0.99% on Thursday, August 13th, with volume running 0.9× below average. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar and Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 24.39, 24.21 & 23.97, with resistance at 24.81, 25.05 & 25.23. Technical indicators like Slow Stochastic reveal overbought momentum right now.

Current SwingTradeBot Technical Rating of MGNI: A

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Magnite, Inc. (MGNI)