(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 2024-07-25 View latest technical analysis
10 day averaged volume of Magnolia Oil is 2232279
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Jul 2024 | 26.07 | 25.73 | 26.26 | 25.53 | 0.967 times |
| 24 Wed Jul 2024 | 25.60 | 25.95 | 26.29 | 25.57 | 1.254 times |
| 23 Tue Jul 2024 | 25.90 | 26.37 | 26.39 | 25.86 | 1.266 times |
| 22 Mon Jul 2024 | 26.53 | 26.78 | 26.80 | 26.33 | 1.369 times |
| 19 Fri Jul 2024 | 26.80 | 27.19 | 27.35 | 26.75 | 0.689 times |
| 18 Thu Jul 2024 | 27.25 | 27.17 | 27.62 | 27.04 | 1.055 times |
| 17 Wed Jul 2024 | 27.12 | 27.11 | 27.57 | 27.06 | 1.166 times |
| 16 Tue Jul 2024 | 27.01 | 27.01 | 27.11 | 26.79 | 0.84 times |
| 15 Mon Jul 2024 | 27.11 | 26.58 | 27.36 | 26.36 | 0.881 times |
| 12 Fri Jul 2024 | 26.28 | 26.52 | 26.57 | 26.12 | 0.86 times |
My analysis of stock is bearish for shortterm, and stock might move down till 25.5 or till 24.7. Use a stoploss of 26.1 and if the stock hits stoploss, then it can shoot up till 26.75
Share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Target | 22.78 |
| Downside Target | 23.34 |
| Downside Target | 25.03 |
| Upside Target | 26.08 |
| Upside Target | 26.36 |
| Upside Target | 26.57 |
| Upside Target | 26.62 |
| Upside Target | 26.80 |
| Upside Target | 27.33 |
| Upside Target | 27.62 |
Intraday share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Intraday Target | 25.47 |
| Downside Intraday Target | 24.86 |
| Upside Intraday Target | 26.74 |
| Upside Intraday Target | 27.4 |
| Upside Intraday Target | 26.13 |
Weekly technical analysis of Magnolia Oil (MGY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Jul 2024 | 26.07 | 26.78 | 26.80 | 25.53 | 1.048 times |
| 19 Fri Jul 2024 | 26.80 | 26.58 | 27.62 | 26.36 | 1.444 times |
| 12 Fri Jul 2024 | 26.28 | 25.39 | 26.57 | 25.09 | 3.295 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 |
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 |
| 25 Thu Jul 2024 | 26.07 | 25.55 | 27.62 | 25.09 | 0.827 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 up 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Magnolia Oil stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Magnolia Oil in short term but the sell signal is initial and weak.
Magnolia Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Magnolia Oil in short term but BUY signal is weak.
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 26.52 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 positive
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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Magnolia Oil stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Magnolia Oil in short term but the sell signal is initial and weak.
Magnolia Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Magnolia Oil in short term but BUY signal is weak.
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 26.52 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.