(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 2024-12-03 View latest technical analysis
10 day averaged volume of Magnolia Oil is 1587350
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Tue Dec 2024 | 27.33 | 27.69 | 27.69 | 27.21 | 0.09 times |
| 26 Tue Nov 2024 | 27.95 | 28.35 | 28.35 | 27.74 | 1.161 times |
| 26 Tue Nov 2024 | 27.95 | 28.35 | 28.35 | 27.74 | 1.161 times |
| 25 Mon Nov 2024 | 28.19 | 28.70 | 28.92 | 28.19 | 1.261 times |
| 22 Fri Nov 2024 | 28.79 | 28.17 | 29.02 | 28.11 | 1.552 times |
| 21 Thu Nov 2024 | 28.23 | 28.00 | 28.32 | 27.89 | 0.944 times |
| 20 Wed Nov 2024 | 27.71 | 27.31 | 27.85 | 27.31 | 0.613 times |
| 19 Tue Nov 2024 | 27.29 | 27.15 | 27.52 | 27.10 | 0.466 times |
| 18 Mon Nov 2024 | 27.45 | 27.22 | 27.70 | 27.14 | 0.879 times |
| 15 Fri Nov 2024 | 26.85 | 27.30 | 27.48 | 26.76 | 1.088 times |
My analysis of stock is bullish for shortterm, and stock might move up till 28.1 or till 29.2. Use a stoploss of 27.24 and if this stock hits its stoploss, then it can fall down till 26.34
Share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Target | 22.71 |
| Downside Target | 23.83 |
| Downside Target | 24.98 |
| Downside Target | 26.74 |
| Upside Target | 27.69 |
| Upside Target | 27.74 |
| Upside Target | 27.96 |
| Upside Target | 28.35 |
| Upside Target | 28.92 |
| Upside Target | 29.02 |
Intraday share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Intraday Target | 27.13 |
| Downside Intraday Target | 26.93 |
| Upside Intraday Target | 27.61 |
| Upside Intraday Target | 27.89 |
| Upside Intraday Target | 27.41 |
Weekly technical analysis of Magnolia Oil (MGY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Tue Dec 2024 | 27.33 | 27.69 | 27.69 | 27.21 | 0.077 times |
| 26 Tue Nov 2024 | 27.95 | 28.35 | 28.35 | 27.74 | 0.479 times |
| 26 Tue Nov 2024 | 27.95 | 28.70 | 28.92 | 27.74 | 0.544 times |
| 22 Fri Nov 2024 | 28.79 | 27.22 | 29.02 | 27.10 | 1.057 times |
| 15 Fri Nov 2024 | 26.85 | 27.44 | 27.96 | 26.76 | 0.794 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 |
| 03 Tue Dec 2024 | 27.33 | 27.69 | 27.69 | 27.21 | 0.005 times |
| 26 Tue Nov 2024 | 27.95 | 25.66 | 29.02 | 24.98 | 0.677 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 |
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing 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 getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 27.92 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing 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 getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 27.92 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.