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Noting the 15-minute chart of Magnite, a technical indicator analysis reveals a significant shift in momentum. The Moving Average Convergence Divergence (MACD) has crossed below its signal line, signifying a potential decline in stock price. Additionally, the KDJ indicator has also crossed below its signal line, further reinforcing the notion that the stock price has the potential to continue falling. This downward trend is expected to persist, with the momentum of the stock price shifting towards the downside and potentially leading to further decreases in value.
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