USA Stock MGY Historical charts - Magnolia Oil & Gas Corporation

Historical charts for Stock MGY - Share Magnolia Oil & Gas Corporation trades in USA under Energy Deals in Oil Gas Production

Moving Averages for

5Day Average: 22.94
12Day Average: 23.22
20Day Average: 23.45
50Day Average: 24.23
100Day Average: 25.08
150Day Average: 25.05

MGY Indicators & signals

Indicator MACD (12,26,9)

23.23, 23.57, -0.36
Indicator MACD is in negative zone

Indicator ADX (14)

5.26, 22.73, 20.45
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MGY are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
10 Mon Mar 2025	23.66	23.16 to 24.10	1.76%	1.31 times
07 Fri Mar 2025	23.25	22.82 to 23.71	2.88%	1.2 times
06 Thu Mar 2025	22.60	22.06 to 22.90	0.13%	0.82 times
05 Wed Mar 2025	22.57	21.65 to 22.60	-0.18%	1.11 times
04 Tue Mar 2025	22.61	21.63 to 22.91	1.57%	1.3 times
03 Mon Mar 2025	22.26	22.03 to 23.62	-4.91%	1.02 times
28 Fri Feb 2025	23.41	23.08 to 23.61	-0.38%	0.64 times
27 Thu Feb 2025	23.50	23.09 to 23.79	0.3%	1.01 times
26 Wed Feb 2025	23.43	23.16 to 23.77	0.6%	0.93 times
25 Tue Feb 2025	23.29	23.25 to 24.25	-3%	1.01 times
24 Mon Feb 2025	24.01	23.82 to 24.23	-0.12%	0.97 times
21 Fri Feb 2025	24.04	23.79 to 24.73	-2.28%	0.98 times

Technical analysis forecast of MGY Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in MGY MGY at this time. Stock is rising and might rise more.

It appears as if MGY MGY gave a large move recently.

Stock of MGY (MGY) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of MGY is bullish for shortterm, and stock might move up till 24 or till 24.8. Use a stoploss of 23.42 and if this stock hits its stoploss, then it can fall down till 22.8

Tomorrow's movement Prediction of MGY appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.

Tomorrow's movement Prediction of MGY is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 23.48

Munafa value: 56

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.