Is Magnite, Inc. technically bullish or bearish?
As of June 2, 2025, Magnite, Inc. shows a mildly bullish trend supported by bullish weekly and monthly MACD and Bollinger Bands, though caution is warranted due to mildly bearish daily moving averages.
As of 2 June 2025, the technical trend for Magnite, Inc. has changed from sideways to mildly bullish. The weekly and monthly MACD indicators are bullish, supporting the positive trend. Bollinger Bands also indicate a bullish stance on both time frames. The KST is bullish weekly and monthly, while the Dow Theory shows a mildly bullish monthly trend. However, daily moving averages are mildly bearish, which introduces some caution. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and Bollinger Bands, despite the mixed signals from daily moving averages.
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