(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.
10 day averaged volume of Magnolia Oil is 2530320
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 25.99 | 25.62 | 26.22 | 25.45 | 0.845 times |
| 22 Mon Apr 2024 | 25.72 | 25.55 | 26.08 | 25.30 | 1.3 times |
| 19 Fri Apr 2024 | 25.62 | 25.34 | 25.89 | 25.34 | 1.044 times |
| 18 Thu Apr 2024 | 25.68 | 26.05 | 26.13 | 25.62 | 0.798 times |
| 17 Wed Apr 2024 | 25.82 | 25.92 | 26.30 | 25.67 | 0.758 times |
| 16 Tue Apr 2024 | 26.00 | 26.02 | 26.09 | 25.76 | 1.352 times |
| 15 Mon Apr 2024 | 26.19 | 26.75 | 26.99 | 26.07 | 1.022 times |
| 12 Fri Apr 2024 | 26.68 | 27.03 | 27.33 | 26.56 | 1.177 times |
| 11 Thu Apr 2024 | 26.80 | 26.91 | 26.95 | 26.38 | 0.954 times |
| 10 Wed Apr 2024 | 26.84 | 26.52 | 26.88 | 26.45 | 0.848 times |
My analysis of stock is bearish for shortterm, and stock might move down till 25.7 or till 25.1. Use a stoploss of 26.19 and if the stock hits stoploss, then it can shoot up till 26.71
Share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Target | 19.16 |
| Downside Target | 20.16 |
| Downside Target | 21.93 |
| Downside Target | 22.76 |
| Downside Target | 24.78 |
| Downside Target | 25.30 |
| Downside Target | 25.95 |
| Upside Target | 26.22 |
| Upside Target | 26.38 |
| Upside Target | 26.99 |
| Upside Target | 27.21 |
| Upside Target | 27.33 |
Intraday share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Intraday Target | 25.45 |
| Downside Intraday Target | 24.92 |
| Upside Intraday Target | 26.37 |
| Upside Intraday Target | 26.76 |
| Downside Intraday Target | 25.84 |
Weekly technical analysis of Magnolia Oil (MGY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 25.99 | 25.55 | 26.22 | 25.30 | 0.431 times |
| 19 Fri Apr 2024 | 25.62 | 26.75 | 26.99 | 25.34 | 1.153 times |
| 12 Fri Apr 2024 | 26.68 | 27.00 | 27.33 | 26.38 | 0.782 times |
| 05 Fri Apr 2024 | 26.98 | 26.13 | 27.21 | 25.68 | 1.358 times |
| 28 Thu Mar 2024 | 25.95 | 24.88 | 25.95 | 24.78 | 0.752 times |
Price has moved up 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 |
| 23 Tue Apr 2024 | 25.99 | 26.13 | 27.33 | 25.30 | 0.406 times |
| 28 Thu Mar 2024 | 25.95 | 22.90 | 25.95 | 22.78 | 1.841 times |
| 29 Thu Feb 2024 | 22.68 | 20.78 | 22.76 | 19.53 | 1.151 times |
| 31 Wed Jan 2024 | 20.62 | 21.42 | 21.93 | 19.16 | 1.142 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 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 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 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 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 SELL signal for Magnolia Oil in short term but the sell signal is initial and weak.
Magnolia Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
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 26.13 and Magnolia Oil (MGY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 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 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 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 SELL signal for Magnolia Oil in short term but the sell signal is initial and weak.
Magnolia Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
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 26.13 and Magnolia Oil (MGY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.