(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 2024-04-12 View latest technical analysis
10 day averaged volume of Magnolia Oil is 2570160
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 26.68 | 27.03 | 27.33 | 26.56 | 1.159 times |
| 11 Thu Apr 2024 | 26.80 | 26.91 | 26.95 | 26.38 | 0.939 times |
| 10 Wed Apr 2024 | 26.84 | 26.52 | 26.88 | 26.45 | 0.835 times |
| 09 Tue Apr 2024 | 26.65 | 26.76 | 26.86 | 26.56 | 0.734 times |
| 08 Mon Apr 2024 | 26.62 | 27.00 | 27.12 | 26.60 | 0.582 times |
| 05 Fri Apr 2024 | 26.98 | 26.81 | 27.21 | 26.62 | 0.791 times |
| 04 Thu Apr 2024 | 26.68 | 26.72 | 26.87 | 26.48 | 0.736 times |
| 03 Wed Apr 2024 | 26.62 | 26.23 | 26.63 | 26.19 | 0.823 times |
| 02 Tue Apr 2024 | 26.23 | 26.25 | 26.47 | 25.86 | 1.149 times |
| 01 Mon Apr 2024 | 26.19 | 26.13 | 26.20 | 25.68 | 1.937 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 26.7 as stoploss in an intra day sell trade for a target of 25.76. However, stock will show a bullish move above 26.7.
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 | 23.36 |
| Downside Target | 23.93 |
| Downside Target | 25.68 |
| Downside Target | 25.95 |
| Downside Target | 26.38 |
| Upside Target | 27.21 |
| Upside Target | 27.33 |
Intraday share price targets for Magnolia Oil (MGY)
| Target Type | Value |
| Downside Intraday Target | 26.26 |
| Downside Intraday Target | 25.85 |
| Upside Intraday Target | 27.21 |
| Upside Intraday Target | 27.75 |
| Upside Intraday Target | 26.8 |
Weekly technical analysis of Magnolia Oil (MGY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 22 Fri Mar 2024 | 24.77 | 23.93 | 25.00 | 23.93 | 0.26 times |
| 15 Fri Mar 2024 | 23.86 | 23.50 | 24.34 | 23.36 | 1.974 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 |
| 12 Fri Apr 2024 | 26.68 | 26.13 | 27.33 | 25.68 | 0.236 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 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 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 26.57 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 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 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 26.57 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.