MAGNOLIA OIL & GAS CORP - A (MGY)

US5596631094 - Common Stock

28.63  +0.4 (+1.42%)

Technical Rating and Analysis

10

Overall MGY gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MGY has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MGY is one of the better performing stocks in the market, outperforming 77% of all stocks. On top of that, MGY also shows a nice and consistent pattern of rising prices.
MGY is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 75% of 204 stocks in the same industry.
MGY is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MGY has a been trading in the 24.98 - 28.32 range, which is quite wide. It is currently trading near the high of this range.
MGY has an average volume of 1964640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MGY Weekly chart
MGY Daily chart
Setup Rating and Analysis

4

MGY has an excellent technical rating, but the quality of the setup is only medium 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

28.92

We found 5 important support areas.

  • A support zone ranging from 26.04 to 27.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 25.50 to 25.62. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 24.89 to 25.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 23.84 to 23.84. 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.

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
CRS77.55
Mansfield0.33
10 Day High28.32
10 Day Low26.61
20 Day High28.32
20 Day Low24.98
52 Week High28.32
52 Week Low19.16
Performance
1 Week3.63%
2 Weeks4.36%
1 Month9.21%
3 Month11.54%
6 Month13.33%
12 Month30.45%
2 Year8.24%
3 Year48.81%
5 Year159.95%
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)0.12
RSI(14)65.12
LBB25.74
UBB28.48
MGY Daily chart

MAGNOLIA OIL & GAS CORP - A

NYSE:MGY (11/22/2024, 9:59:12 AM)

28.63

+0.4 (+1.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.42%
1 Week3.63%
2 Weeks4.36%
1 Month9.21%
3 Month11.54%
6 Month13.33%
12 Month30.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.76
ATR(20)%2.67%
ATR Inc
Range Today0.53
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High28.32
10 Day Low26.61
20 Day High28.32
20 Day Low24.98
52 Week High28.32
52 Week Low19.16
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume52.58K
Volume Incr-21.79%
Vol(5)1.27M
Vol(50)1.96M