(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 2024-11-15 View latest technical analysis
10 day averaged volume of Magnolia Oil is 1515370
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Nov 2024 | 26.85 | 27.30 | 27.48 | 26.76 | 1.14 times |
| 14 Thu Nov 2024 | 27.24 | 27.36 | 27.56 | 26.84 | 0.916 times |
| 13 Wed Nov 2024 | 27.08 | 27.30 | 27.42 | 26.85 | 0.929 times |
| 12 Tue Nov 2024 | 27.15 | 27.67 | 27.96 | 27.11 | 0.682 times |
| 11 Mon Nov 2024 | 27.53 | 27.44 | 27.73 | 27.13 | 0.745 times |
| 08 Fri Nov 2024 | 27.41 | 26.87 | 27.45 | 26.61 | 1.153 times |
| 07 Thu Nov 2024 | 27.05 | 27.30 | 27.44 | 26.95 | 0.927 times |
| 06 Wed Nov 2024 | 27.26 | 26.49 | 27.55 | 26.31 | 1.415 times |
| 05 Tue Nov 2024 | 25.53 | 25.79 | 25.93 | 25.46 | 0.9 times |
| 04 Mon Nov 2024 | 25.72 | 25.19 | 26.00 | 25.19 | 1.163 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 27.1 as stoploss in an intra day sell trade for a target of 26.24. However, stock will show a bullish move above 27.1.
Share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Target | 22.71 |
| Downside Target | 23.83 |
| Downside Target | 24.98 |
| Downside Target | 26.44 |
| Downside Target | 26.76 |
| Upside Target | 26.95 |
| Upside Target | 27.41 |
| Upside Target | 27.55 |
| Upside Target | 27.62 |
| Upside Target | 27.63 |
| Upside Target | 27.96 |
Intraday share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Intraday Target | 26.42 |
| Downside Intraday Target | 25.99 |
| Upside Intraday Target | 27.62 |
| Upside Intraday Target | 28.39 |
| Upside Intraday Target | 27.19 |
Weekly technical analysis of Magnolia Oil (MGY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Nov 2024 | 26.85 | 27.44 | 27.96 | 26.76 | 0.794 times |
| 08 Fri Nov 2024 | 27.41 | 25.19 | 27.55 | 25.19 | 0.942 times |
| 01 Fri Nov 2024 | 25.00 | 25.18 | 26.44 | 24.98 | 1.057 times |
| 25 Fri Oct 2024 | 26.00 | 26.44 | 26.44 | 25.38 | 0.877 times |
| 18 Fri Oct 2024 | 26.12 | 26.73 | 26.95 | 25.44 | 0.981 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 |
| 15 Fri Nov 2024 | 26.85 | 25.66 | 27.96 | 24.98 | 0.385 times |
| 31 Thu Oct 2024 | 25.28 | 23.83 | 27.41 | 23.83 | 0.913 times |
| 30 Mon Sep 2024 | 24.42 | 24.97 | 26.74 | 22.76 | 1.027 times |
| 30 Fri Aug 2024 | 25.61 | 27.56 | 27.63 | 22.71 | 1.057 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 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 term time period is neutral. A longer time frame might give a better analysis.
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 Strong 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magnolia Oil in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 26.87 and Magnolia Oil (MGY) stock is trading below this level. This means that stock is falling with high volumes. 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 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 term time period is neutral. A longer time frame might give a better analysis.
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 Strong 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magnolia Oil in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 26.87 and Magnolia Oil (MGY) stock is trading below this level. This means that stock is falling with high volumes. 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.