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(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 2025-02-28 View latest technical analysis

10 day averaged volume of Magnolia Oil is 2753530

Date Daily Closing Price Open High Low Volume
28 Fri Feb 2025 23.41 23.30 23.61 23.08 0.622 times
27 Thu Feb 2025 23.50 23.53 23.79 23.09 0.988 times
26 Wed Feb 2025 23.43 23.44 23.77 23.16 0.912 times
25 Tue Feb 2025 23.29 24.25 24.25 23.25 0.986 times
24 Mon Feb 2025 24.01 23.95 24.23 23.82 0.944 times
21 Fri Feb 2025 24.04 24.66 24.73 23.79 0.956 times
20 Thu Feb 2025 24.60 24.33 25.42 24.08 1.046 times
19 Wed Feb 2025 24.24 24.34 25.28 24.12 1.388 times
18 Tue Feb 2025 23.88 23.78 24.17 23.21 1.217 times
14 Fri Feb 2025 23.50 23.23 23.73 23.20 1.006 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 23.2 as stoploss in an intra day buy trade for a target of 23.63. However, stock will show a bearish move below 23.2.

Share price targets for Magnolia Oil (MGY)

Target Type Value
Downside Target 22.59
Upside Target 24.25
Upside Target 24.98
Upside Target 25.42
Upside Target 25.52
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 22.91
Downside Intraday Target 22.41
Upside Intraday Target 24.08
Upside Intraday Target 24.75
Upside Intraday Target 23.58

Weekly technical analysis of Magnolia Oil (MGY)

Date Weekly Closing Price Open High Low Volume
28 Fri Feb 2025 23.41 23.95 24.25 23.08 0.966 times
21 Fri Feb 2025 24.04 23.78 25.42 23.21 1.43 times
14 Fri Feb 2025 23.50 23.10 24.13 22.74 0.982 times
07 Fri Feb 2025 22.79 23.98 24.25 22.76 1.15 times
31 Fri Jan 2025 23.70 25.24 25.52 23.58 1.053 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
28 Fri Feb 2025 23.41 23.98 25.42 22.74 1.049 times
31 Fri Jan 2025 23.70 23.76 26.84 23.47 1.235 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

Scroll below to view daily charts

Price has moved down 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Magnolia Oil in short term but the buy signal is initial and weak.

Magnolia Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Magnolia Oil in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 23.83 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Magnolia Oil in short term but the buy signal is initial and weak.

Magnolia Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Magnolia Oil in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 23.83 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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