(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 2025-01-06 View latest technical analysis
10 day averaged volume of Magnolia Oil is 2112623
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon Jan 2025 | 23.85 | 24.08 | 24.42 | 23.70 | 0.843 times |
| 03 Fri Jan 2025 | 23.97 | 23.85 | 24.01 | 23.60 | 0.72 times |
| 02 Thu Jan 2025 | 23.60 | 23.76 | 24.04 | 23.47 | 0.756 times |
| 31 Tue Dec 2024 | 23.38 | 23.26 | 23.64 | 23.19 | 0.76 times |
| 30 Mon Dec 2024 | 23.25 | 23.10 | 23.60 | 22.90 | 0.653 times |
| 27 Fri Dec 2024 | 22.98 | 23.02 | 23.32 | 22.96 | 0.842 times |
| 26 Thu Dec 2024 | 23.12 | 23.28 | 23.28 | 22.95 | 0.58 times |
| 24 Tue Dec 2024 | 23.24 | 23.00 | 23.26 | 22.82 | 0.284 times |
| 23 Mon Dec 2024 | 22.98 | 22.76 | 23.02 | 22.59 | 0.614 times |
| 20 Fri Dec 2024 | 22.89 | 22.83 | 23.33 | 22.66 | 3.933 times |
My analysis of stock is bearish for shortterm, and stock might move down till 23 or till 21.5. Use a stoploss of 24.2 and if the stock hits stoploss, then it can shoot up till 25.41
Share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Target | 22.59 |
| Upside Target | 24.42 |
| Upside Target | 24.98 |
| Upside Target | 25.00 |
| Upside Target | 25.30 |
| Upside Target | 26.21 |
| Upside Target | 26.74 |
| Upside Target | 27.41 |
| Upside Target | 27.69 |
| Upside Target | 29.02 |
Intraday share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Intraday Target | 23.56 |
| Downside Intraday Target | 23.27 |
| Upside Intraday Target | 24.28 |
| Upside Intraday Target | 24.71 |
| Upside Intraday Target | 23.99 |
Weekly technical analysis of Magnolia Oil (MGY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon Jan 2025 | 23.85 | 24.08 | 24.42 | 23.70 | 0.292 times |
| 03 Fri Jan 2025 | 23.97 | 23.10 | 24.04 | 22.90 | 1.245 times |
| 27 Fri Dec 2024 | 22.98 | 22.76 | 23.32 | 22.59 | 0.3 times |
| 20 Fri Dec 2024 | 22.89 | 25.30 | 25.30 | 22.66 | 1.908 times |
| 13 Fri Dec 2024 | 25.34 | 26.10 | 26.21 | 25.00 | 30.363 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 |
| 06 Mon Jan 2025 | 23.85 | 23.76 | 24.42 | 23.47 | 0.148 times |
| 31 Tue Dec 2024 | 23.38 | 27.69 | 27.69 | 22.59 | 1.116 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 |
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 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 short 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 short to mid 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 mid to longer 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.
ADX buy sell signal for Magnolia Oil stock for short term is SELL. Signal strength is Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Magnolia Oil in short term and BUY signal is strong.
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
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 23.2 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 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 short 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 short to mid 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 mid to longer 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.
ADX buy sell signal for Magnolia Oil stock for short term is SELL. Signal strength is Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Magnolia Oil in short term and BUY signal is strong.
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
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 23.2 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.