Logo image of MGY

MAGNOLIA OIL & GAS CORP - A (MGY) Stock Technical Analysis

NYSE:MGY - New York Stock Exchange, Inc. - US5596631094 - Common Stock - Currency: USD

24.16  +0.49 (+2.07%)

After market: 24.16 0 (0%)

Technical Rating and Analysis

2

Taking everything into account, MGY scores 2 out of 10 in our technical rating. MGY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month MGY has a been trading in the 23.29 - 26.84 range, which is quite wide. It is currently trading near the lows of this range.
MGY has an average volume of 1878900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, MGY outperforms 55% of them, which is more or less in line with the market.
MGY is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 62% of 212 stocks in the same industry.
MGY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MGY is lagging the market.
Weekly and Daily overview Charts
MAGNOLIA OIL & GAS CORP - A / MGY Weekly stock chart
MAGNOLIA OIL & GAS CORP - A / MGY Daily stock chart
Setup Rating and Analysis

3

The technical rating of MGY is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

19.44

26.85

2 important support areas can be observed.

  • A support zone ranging from 22.89 to 23.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @19.64 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 24.79 to 25.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 26.44 to 26.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.69
Mansfield-1.18
10 Day High26.36
10 Day Low23.29
20 Day High26.84
20 Day Low23.29
52 Week High29.02
52 Week Low20.08
Performance
1 Week-2.85%
2 Weeks-8.03%
1 Month0.79%
3 Month-11.86%
6 Month-0.58%
12 Month18.78%
2 Year10.57%
3 Year8.1%
5 Year221.7%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.19
RSI(14)41.31
LBB23.27
UBB27.27
MAGNOLIA OIL & GAS CORP - A / MGY Daily stock chart

MAGNOLIA OIL & GAS CORP - A

NYSE:MGY (2/4/2025, 8:04:00 PM)

After market: 24.16 0 (0%)

24.16

+0.49 (+2.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.07%
1 Week-2.85%
2 Weeks-8.03%
1 Month0.79%
3 Month-11.86%
6 Month-0.58%
12 Month18.78%
2 Year10.57%
3 Year8.1%
5 Year221.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%2.7%
ATR Inc18.81%
Range Today0.96
ADR(20)0.63
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.69
Mansfield-1.18
10 Day High26.36
10 Day Low23.29
20 Day High26.84
20 Day Low23.29
52 Week High29.02
52 Week Low20.08
CS1 End23.37
CR1 Start24.79
Volume & EV
DER(3)-0.95%
DER(5)-2.27%
Volume1.60M
Volume Incr-8.96%
Vol(5)1.67M
Vol(50)1.88M