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Magnolia Oil & Gas Corporation

Magnolia Oil & Gas Corporation (MGY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Magnolia Oil & Gas Corporation.

MGY●NYSE
EnergyOil & Gas Exploration & Production
$27.51
$0.69(2.45%)
U.S. Market opens in NaNh NaNm
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Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MGY Technical Analysis Summary

Magnolia Oil & Gas Corporation stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.41)
Trend Strength:Weak (ADX: 17.48)
Volatility:Medium (ATR: 0.79)
Support/Resistance:$26.80 – $30.20 (Bollinger Bands)

Overall, Magnolia Oil & Gas Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 40.41

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 21.70

Bearish
Momentum remains weak below midpoint.

Williams %R: -88.17

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -6.70

Strongly Bearish
Sharp downside momentum.

Takeaway:Magnolia Oil & Gas Corporation shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.45

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.48

Weak
Weak trend, market trading sideways.

ATR (14): 0.79

Low
Low volatility, stable price action.

CCI (14): -62.64

Bearish
Bearish, momentum remains under pressure.

Takeaway:Magnolia Oil & Gas Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$30.20
Middle Band (SMA 20)
$28.50
Lower Band
$26.80
Current Position
Within Bands

Takeaway:Magnolia Oil & Gas Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$30.00
Middle Line (EMA 20)
$28.43
Lower Channel
$26.85
Squeeze Status
No Squeeze

Takeaway:Magnolia Oil & Gas Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume11.51M
Money Flow Index35.06Bearish, selling pressure outweighs inflows.
Relative Vigor Index60.13Bullish, price momentum strongly favors buyers.

Overall Takeaway:MGY shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Magnolia Oil & Gas Corporation, here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Magnolia Oil & Gas Corporation are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ