Why Is Magnolia Oil & Gas Corporation (MGY) Stock Up Today?
Live update on MGY's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
MGY is Down -2.45% today
You might want to check out Why is MGY Down Today?
Magnolia Oil & Gas Corporation (MGY)
Summary
Magnolia Oil & Gas Corporation (MGY) is trading down -2.45% at $27.51, reflecting a negative shift in investor sentiment today. The stock opened at $28.25 and has moved between $27.46 and $28.25 so far.
Trading volume is 3200782, which is 26% above its average, and the price action suggests selling interest.
Technically, MGY is trading below its 50-day moving average of $29.48 and above its 200-day moving average of $25.60, indicating short-term weakness but long-term strength.
Analyst sentiment is bullish. Meyka's AI assigns MGY a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +3.67% in 1 month ($28.52), -13.21% in 1 year ($23.88), and -6.09% in 5 years ($25.84).
View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
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MGY Technical Signals
Trading below 50-day moving average ($29.48)
Trading over 200-day moving average ($25.60)
Analyst Recommendations
Price Forecast
1 Month
$28.52
1 Year
$23.88
3 Years
$24.87
5 Years
$25.84
Is this change significant?
5-Day:-0.79%
1-Month:-10.89%
3-Month:-5.79%
What's next?
Next earnings date: 7/30/2025