(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 2024-07-29 View latest technical analysis
10 day averaged volume of Magnolia Oil is 2396439
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 26.36 | 26.70 | 26.77 | 25.91 | 0.851 times |
| 26 Fri Jul 2024 | 26.60 | 26.15 | 26.63 | 25.94 | 1.164 times |
| 25 Thu Jul 2024 | 26.07 | 25.73 | 26.26 | 25.53 | 0.901 times |
| 24 Wed Jul 2024 | 25.60 | 25.95 | 26.29 | 25.57 | 1.168 times |
| 23 Tue Jul 2024 | 25.90 | 26.37 | 26.39 | 25.86 | 1.179 times |
| 22 Mon Jul 2024 | 26.53 | 26.78 | 26.80 | 26.33 | 1.275 times |
| 19 Fri Jul 2024 | 26.80 | 27.19 | 27.35 | 26.75 | 0.642 times |
| 18 Thu Jul 2024 | 27.25 | 27.17 | 27.62 | 27.04 | 0.983 times |
| 17 Wed Jul 2024 | 27.12 | 27.11 | 27.57 | 27.06 | 1.086 times |
| 16 Tue Jul 2024 | 27.01 | 27.01 | 27.11 | 26.79 | 0.782 times |
My analysis of stock is bullish for shortterm, and stock might move up till 26.8 or till 27.6. Use a stoploss of 26.21 and if this stock hits its stoploss, then it can fall down till 25.6
Share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Target | 22.78 |
| Downside Target | 23.34 |
| Downside Target | 25.03 |
| Downside Target | 26.36 |
| Upside Target | 26.57 |
| Upside Target | 26.62 |
| Upside Target | 26.77 |
| 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 | 25.92 |
| Downside Intraday Target | 25.49 |
| Upside Intraday Target | 26.78 |
| Upside Intraday Target | 27.21 |
| Downside Intraday Target | 26.35 |
Weekly technical analysis of Magnolia Oil (MGY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 26.36 | 26.70 | 26.77 | 25.91 | 0.15 times |
| 26 Fri Jul 2024 | 26.60 | 26.78 | 26.80 | 25.53 | 1.318 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 |
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 |
| 29 Mon Jul 2024 | 26.36 | 25.55 | 27.62 | 25.09 | 0.941 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Magnolia Oil is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 26.49 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Magnolia Oil is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 26.49 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.