(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 2024-10-17 View latest technical analysis
10 day averaged volume of Magnolia Oil is 2005400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 26.49 | 26.40 | 26.64 | 26.27 | 0.718 times |
| 16 Wed Oct 2024 | 26.33 | 25.67 | 26.36 | 25.67 | 1.187 times |
| 15 Tue Oct 2024 | 25.56 | 25.89 | 26.00 | 25.44 | 0.988 times |
| 14 Mon Oct 2024 | 26.74 | 26.73 | 26.95 | 26.61 | 1.101 times |
| 11 Fri Oct 2024 | 27.04 | 26.35 | 27.41 | 26.35 | 0.738 times |
| 10 Thu Oct 2024 | 26.49 | 26.45 | 26.76 | 26.23 | 0.956 times |
| 09 Wed Oct 2024 | 26.40 | 25.89 | 26.41 | 25.67 | 0.772 times |
| 08 Tue Oct 2024 | 26.09 | 26.60 | 26.62 | 25.77 | 1.112 times |
| 07 Mon Oct 2024 | 27.00 | 26.75 | 27.19 | 26.66 | 1.324 times |
| 04 Fri Oct 2024 | 26.85 | 26.72 | 26.95 | 26.38 | 0.975 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 26.8 as stoploss in an intra day sell trade for a target of 25.81. However, stock will show a bullish move above 26.8.
Share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Target | 22.71 |
| Downside Target | 23.65 |
| Downside Target | 25.09 |
| Upside Target | 26.74 |
| Upside Target | 26.95 |
| Upside Target | 27.41 |
| Upside Target | 27.62 |
| Upside Target | 27.63 |
Intraday share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Intraday Target | 25.64 |
| Downside Intraday Target | 24.78 |
| Upside Intraday Target | 27.15 |
| Upside Intraday Target | 27.8 |
| Downside Intraday Target | 26.29 |
Weekly technical analysis of Magnolia Oil (MGY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 26.49 | 26.73 | 26.95 | 25.44 | 0.815 times |
| 11 Fri Oct 2024 | 27.04 | 26.75 | 27.41 | 25.67 | 0.898 times |
| 04 Fri Oct 2024 | 26.85 | 24.13 | 26.95 | 23.83 | 0.627 times |
| 27 Fri Sep 2024 | 24.27 | 26.08 | 26.74 | 23.65 | 1.466 times |
| 20 Fri Sep 2024 | 26.00 | 24.01 | 26.25 | 23.92 | 1.38 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 |
| 17 Thu Oct 2024 | 26.49 | 23.83 | 27.41 | 23.83 | 0.553 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 |
| 31 Wed Jul 2024 | 27.24 | 25.55 | 27.62 | 25.09 | 1.042 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is gaining 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Magnolia Oil in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 26.5 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is gaining 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Magnolia Oil in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 26.5 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.