MAGNOLIA OIL & GAS CORP - A (MGY)

US5596631094 - Common Stock

22.89  -0.25 (-1.08%)

After market: 22.89 0 (0%)

Technical Rating and Analysis

0

Overall MGY gets a technical rating of 0 out of 10. MGY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

64% of all other stocks performed better in the past year than MGY.
In the last month MGY has a been trading in the 22.66 - 29.02 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MGY has an average volume of 1829420 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.
MGY is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 58% of 205 stocks in the same industry.
MGY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MGY is lagging the market slightly.
Weekly and Daily overview Charts
MGY Weekly chart
MGY Daily chart
Setup Rating and Analysis

2

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

27.25

2 important support areas can be observed.

  • A support zone ranging from 22.88 to 22.88. 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.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 25.62 to 26.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @26.98 from a horizontal line in the daily 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
CRS36.49
Mansfield-1.53
10 Day High26.21
10 Day Low22.66
20 Day High29.02
20 Day Low22.66
52 Week High29.02
52 Week Low19.16
Performance
1 Week-9.67%
2 Weeks-10.83%
1 Month-18.92%
3 Month-11.96%
6 Month-8%
12 Month5.24%
2 Year-2.39%
3 Year21.3%
5 Year81.96%
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)-0.42
RSI(14)24.55
LBB22.54
UBB27.9
MGY Daily chart

MAGNOLIA OIL & GAS CORP - A

NYSE:MGY (12/20/2024, 8:24:24 PM)

After market: 22.89 0 (0%)

22.89

-0.25 (-1.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.08%
1 Week-9.67%
2 Weeks-10.83%
1 Month-18.92%
3 Month-11.96%
6 Month-8%
12 Month5.24%
2 Year-2.39%
3 Year21.3%
5 Year81.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%3.14%
ATR Inc-3.83%
Range Today0.66
ADR(20)0.7
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.49
Mansfield-1.53
10 Day High26.21
10 Day Low22.66
20 Day High29.02
20 Day Low22.66
52 Week High29.02
52 Week Low19.16
CS1 End22.88
CR1 Start25.62
Volume & EV
DER(3)-2.28%
DER(5)-1.6%
Volume8.31M
Volume Incr103.3%
Vol(5)3.34M
Vol(50)1.83M