(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 2025-01-21 View latest technical analysis
10 day averaged volume of Magnolia Oil is 2063120
Date | Daily Closing Price | Open | High | Low | Volume |
21 Tue Jan 2025 | 26.27 | 26.47 | 26.47 | 25.98 | 1.103 times |
17 Fri Jan 2025 | 26.53 | 26.77 | 26.84 | 26.26 | 0.983 times |
17 Fri Jan 2025 | 26.53 | 26.77 | 26.84 | 26.26 | 0.983 times |
16 Thu Jan 2025 | 26.58 | 26.43 | 26.65 | 26.21 | 0.774 times |
15 Wed Jan 2025 | 26.52 | 26.06 | 26.68 | 25.89 | 1.027 times |
14 Tue Jan 2025 | 25.80 | 25.32 | 25.81 | 25.26 | 0.834 times |
13 Mon Jan 2025 | 25.45 | 24.94 | 25.63 | 24.94 | 1.066 times |
10 Fri Jan 2025 | 24.88 | 24.79 | 25.09 | 24.43 | 1.251 times |
08 Wed Jan 2025 | 24.28 | 23.87 | 24.38 | 23.85 | 1.049 times |
08 Wed Jan 2025 | 24.28 | 23.87 | 24.38 | 23.85 | 1.049 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 25.9, but if it comes below 25.9, then a intra day sell could be more profitable.
If you take a sell trade below 25.9, then use 25.9 as stoploss and 24.57 as target. However if you take a buy trade in stock , then use 25.9 as stoploss and 27.5 as target.
Share price targets for Magnolia Oil (MGY)
Target Type | Value |
Downside Target | 22.59 |
Downside Target | 23.47 |
Downside Target | 24.42 |
Downside Target | 24.94 |
Downside Target | 25.98 |
Upside Target | 26.74 |
Upside Target | 26.84 |
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 | 26.01 |
Downside Intraday Target | 25.75 |
Upside Intraday Target | 26.5 |
Upside Intraday Target | 26.73 |
Downside Intraday Target | 26.24 |
Weekly technical analysis of Magnolia Oil (MGY)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Tue Jan 2025 | 26.27 | 26.47 | 26.47 | 25.98 | 1.122 times |
17 Fri Jan 2025 | 26.53 | 26.77 | 26.84 | 26.26 | 0.21 times |
17 Fri Jan 2025 | 26.53 | 24.94 | 26.84 | 24.94 | 2.037 times |
10 Fri Jan 2025 | 24.88 | 23.87 | 25.09 | 23.85 | 0.794 times |
08 Wed Jan 2025 | 24.28 | 24.08 | 24.42 | 23.63 | 0.979 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 |
21 Tue Jan 2025 | 26.27 | 23.76 | 26.84 | 23.47 | 0.841 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 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 25.66 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 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 25.66 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.