(MGY) Magnolia Oil ForceIndex charts technical analysis
(MGY) Magnolia Oil ForceIndex charts technical analysis ForceIndex analysis of Magnolia Oil | Buy/Sell Magnolia Oil
Magnolia Oil trades in USA in Energy sector.
10 day averaged volume of Magnolia Oil is 2393560
| Date | Closing Price | Open | High | Low | Volume |
| 25 Tue Jun 2024 | 25.34 | 25.44 | 25.47 | 25.12 | 1.21 Mn |
| 24 Mon Jun 2024 | 25.51 | 24.97 | 25.74 | 24.97 | 1.819 Mn |
| 21 Fri Jun 2024 | 24.88 | 24.99 | 25.12 | 24.70 | 5.491 Mn |
| 20 Thu Jun 2024 | 24.97 | 24.69 | 25.11 | 24.67 | 2.289 Mn |
| 18 Tue Jun 2024 | 24.67 | 24.27 | 24.73 | 24.19 | 2.133 Mn |
| 18 Tue Jun 2024 | 24.67 | 24.27 | 24.73 | 24.19 | 2.133 Mn |
| 17 Mon Jun 2024 | 24.17 | 23.83 | 24.22 | 23.67 | 2.756 Mn |
| 14 Fri Jun 2024 | 23.84 | 24.16 | 24.16 | 23.73 | 2.404 Mn |
| 13 Thu Jun 2024 | 24.20 | 24.72 | 24.74 | 24.10 | 1.448 Mn |
| 12 Wed Jun 2024 | 24.86 | 25.17 | 25.33 | 24.74 | 2.036 Mn |
Indicators analysis of Magnolia Oil (MGY)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
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 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 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 BUY. Signal strength is Strong 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 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 24.69 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.