(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 2024-11-19 View latest technical analysis
10 day averaged volume of Magnolia Oil is 1474110
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 27.29 | 27.15 | 27.52 | 27.10 | 0.502 times |
| 18 Mon Nov 2024 | 27.45 | 27.22 | 27.70 | 27.14 | 0.946 times |
| 15 Fri Nov 2024 | 26.85 | 27.30 | 27.48 | 26.76 | 1.172 times |
| 14 Thu Nov 2024 | 27.24 | 27.36 | 27.56 | 26.84 | 0.942 times |
| 13 Wed Nov 2024 | 27.08 | 27.30 | 27.42 | 26.85 | 0.955 times |
| 12 Tue Nov 2024 | 27.15 | 27.67 | 27.96 | 27.11 | 0.701 times |
| 11 Mon Nov 2024 | 27.53 | 27.44 | 27.73 | 27.13 | 0.766 times |
| 08 Fri Nov 2024 | 27.41 | 26.87 | 27.45 | 26.61 | 1.185 times |
| 07 Thu Nov 2024 | 27.05 | 27.30 | 27.44 | 26.95 | 0.953 times |
| 06 Wed Nov 2024 | 27.26 | 26.49 | 27.55 | 26.31 | 1.454 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 27.3 as stoploss in an intra day sell trade for a target of 26.39. However, stock will show a bullish move above 27.3.
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 | 27.10 |
| Upside Target | 27.41 |
| Upside Target | 27.55 |
| Upside Target | 27.62 |
| Upside Target | 27.63 |
| Upside Target | 27.70 |
| Upside Target | 27.96 |
Intraday share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Intraday Target | 27.03 |
| Downside Intraday Target | 26.76 |
| Upside Intraday Target | 27.63 |
| Upside Intraday Target | 27.96 |
| Upside Intraday Target | 27.36 |
Weekly technical analysis of Magnolia Oil (MGY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 27.29 | 27.22 | 27.70 | 27.10 | 0.319 times |
| 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 |
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 |
| 19 Tue Nov 2024 | 27.29 | 25.66 | 27.96 | 24.98 | 0.434 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 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 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 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.
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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 27.22 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 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 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 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.
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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 27.22 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.