(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 2024-08-26 View latest technical analysis
10 day averaged volume of Magnolia Oil is 1502220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 25.73 | 25.73 | 26.05 | 25.56 | 0.789 times |
| 23 Fri Aug 2024 | 25.31 | 24.84 | 25.37 | 24.81 | 0.945 times |
| 22 Thu Aug 2024 | 24.68 | 24.72 | 24.85 | 24.45 | 1.124 times |
| 21 Wed Aug 2024 | 24.68 | 25.00 | 25.00 | 24.62 | 0.999 times |
| 20 Tue Aug 2024 | 24.71 | 25.27 | 25.28 | 24.47 | 1.121 times |
| 19 Mon Aug 2024 | 25.36 | 25.14 | 25.67 | 25.14 | 1.122 times |
| 16 Fri Aug 2024 | 25.07 | 24.87 | 25.21 | 24.76 | 0.734 times |
| 15 Thu Aug 2024 | 25.14 | 24.87 | 25.38 | 24.83 | 0.926 times |
| 14 Wed Aug 2024 | 24.80 | 24.78 | 24.82 | 24.57 | 1.097 times |
| 13 Tue Aug 2024 | 24.63 | 24.58 | 24.71 | 24.31 | 1.066 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 25.8 as stoploss in an intra day sell trade for a target of 24.91. However, stock will show a bullish move above 25.8.
Share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Target | 22.71 |
| Downside Target | 23.34 |
| Downside Target | 25.56 |
| Downside Target | 25.67 |
| Upside Target | 26.05 |
| Upside Target | 26.08 |
| Upside Target | 26.62 |
| Upside Target | 27.33 |
| Upside Target | 27.62 |
| Upside Target | 27.63 |
Intraday share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Intraday Target | 25.51 |
| Downside Intraday Target | 25.29 |
| Upside Intraday Target | 26 |
| Upside Intraday Target | 26.27 |
| Upside Intraday Target | 25.78 |
Weekly technical analysis of Magnolia Oil (MGY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 25.73 | 25.73 | 26.05 | 25.56 | 0.149 times |
| 23 Fri Aug 2024 | 25.31 | 25.14 | 25.67 | 24.45 | 1.133 times |
| 16 Fri Aug 2024 | 25.07 | 24.49 | 25.38 | 24.31 | 0.492 times |
| 09 Fri Aug 2024 | 24.30 | 23.22 | 24.80 | 22.71 | 0.981 times |
| 02 Fri Aug 2024 | 24.18 | 26.70 | 27.63 | 23.98 | 1.071 times |
Price has moved up 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 |
| 26 Mon Aug 2024 | 25.73 | 27.56 | 27.63 | 22.71 | 0.877 times |
| 31 Wed Jul 2024 | 27.24 | 25.55 | 27.62 | 25.09 | 1.042 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 |
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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY signal for Magnolia Oil in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Magnolia Oil in short term and BUY 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
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 24.98 and Magnolia Oil (MGY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY signal for Magnolia Oil in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Magnolia Oil in short term and BUY 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
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 24.98 and Magnolia Oil (MGY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.