(MGY) Magnolia Oil complete technical analysis [charts+indicators] | Buy/Sell Magnolia Oil | (MGY) share price targets
Complete technical analysis of Magnolia Oil (MGY) by charts plus indicators, forecast predictions and share price targets for Magnolia Oil (MGY)
Magnolia Oil trades in USA in Energy sector.
Showing technical analysis as on 2024-07-09 View latest technical analysis
10 day averaged volume of Magnolia Oil is 1501340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Jul 2024 | 25.32 | 25.18 | 25.60 | 25.09 | 0.956 times |
| 08 Mon Jul 2024 | 25.46 | 25.39 | 25.58 | 25.19 | 0.896 times |
| 05 Fri Jul 2024 | 25.41 | 25.88 | 25.93 | 25.23 | 0.804 times |
| 03 Wed Jul 2024 | 25.99 | 25.52 | 26.02 | 25.52 | 0.642 times |
| 03 Wed Jul 2024 | 25.99 | 25.52 | 26.02 | 25.52 | 0.642 times |
| 02 Tue Jul 2024 | 25.45 | 25.73 | 26.02 | 25.44 | 1.281 times |
| 01 Mon Jul 2024 | 25.46 | 25.55 | 25.59 | 25.19 | 1.161 times |
| 28 Fri Jun 2024 | 25.34 | 25.50 | 25.69 | 25.19 | 1.432 times |
| 27 Thu Jun 2024 | 25.28 | 25.24 | 25.31 | 25.06 | 1.021 times |
| 26 Wed Jun 2024 | 25.05 | 25.30 | 25.30 | 24.69 | 1.314 times |
My analysis of stock is bullish for shortterm, and stock might move up till 25.6 or till 26.3. Use a stoploss of 25.09 and if this stock hits its stoploss, then it can fall down till 24.53
Share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Target | 22.78 |
| Downside Target | 23.34 |
| Downside Target | 24.19 |
| Downside Target | 24.69 |
| Upside Target | 25.74 |
| Upside Target | 25.95 |
| Upside Target | 26.02 |
| Upside Target | 26.08 |
| Upside Target | 26.62 |
| Upside Target | 27.33 |
Intraday share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Intraday Target | 25.07 |
| Downside Intraday Target | 24.83 |
| Upside Intraday Target | 25.58 |
| Upside Intraday Target | 25.85 |
| Upside Intraday Target | 25.34 |
Weekly technical analysis of Magnolia Oil (MGY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Jul 2024 | 25.32 | 25.39 | 25.60 | 25.09 | 1.28 times |
| 05 Fri Jul 2024 | 25.41 | 25.52 | 26.02 | 25.23 | 0.469 times |
| 03 Wed Jul 2024 | 25.99 | 25.55 | 26.02 | 25.19 | 0.533 times |
| 28 Fri Jun 2024 | 25.34 | 24.97 | 25.74 | 24.69 | 0.876 times |
| 21 Fri Jun 2024 | 24.88 | 24.27 | 25.12 | 24.19 | 2.028 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Magnolia Oil (MGY)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Tue Jul 2024 | 25.32 | 25.55 | 26.02 | 25.09 | 0.226 times |
| 28 Fri Jun 2024 | 25.34 | 26.00 | 26.08 | 23.67 | 0.736 times |
| 31 Fri May 2024 | 25.95 | 24.99 | 26.62 | 23.34 | 1.127 times |
| 30 Tue Apr 2024 | 25.07 | 26.13 | 27.33 | 25.03 | 0.484 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Magnolia Oil (MGY)
Price action analysis of Magnolia Oil ( (MGY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Magnolia Oil ( (MGY) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Magnolia Oil ( (MGY) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Magnolia Oil ( (MGY) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Magnolia Oil stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Magnolia Oil in short term and the buy signal is strong.
Magnolia Oil Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magnolia Oil in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Magnolia Oil is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 25.42 and Magnolia Oil (MGY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Magnolia Oil (MGY) stock. Volume based technical analysis of Magnolia Oil (MGY) stock is negative.
Magnolia Oil Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Magnolia Oil ( (MGY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Magnolia Oil ( (MGY) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Magnolia Oil ( (MGY) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Magnolia Oil ( (MGY) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Magnolia Oil stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Magnolia Oil in short term and the buy signal is strong.
Magnolia Oil Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magnolia Oil in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Magnolia Oil is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 25.42 and Magnolia Oil (MGY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Magnolia Oil (MGY) stock. Volume based technical analysis of Magnolia Oil (MGY) stock is negative.
Magnolia Oil Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.