Magnolia Oil & Gas Corp (MGY)
NYSE · Energy
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
Magnolia Oil & Gas Corp is trading at $24.46, up 1.49% on the session. The 50 day average sits at $25.82 and the 200 day at $26.82, which puts the stock in a downtrend. RSI is at 41.1, which reads as weak, and MACD is bullish crossover. Volume is below average.
The nearest support is around $23.80 with resistance near $25.11, so that band frames the current range. Average daily movement is roughly $0.76, or about 3.1% of the share price, which is what any stop placement has to allow for. The overall health score of 34 out of 100 combines a trend score of 3, momentum of 46 and a risk score of 68.
Technical indicators
AI trade signals on MGY
All signals| Date | Setup | Entry | Target | Stop | R:R | Status |
|---|---|---|---|---|---|---|
| Sep 9 | Breakout | ••.•• | ••.•• | ••.•• | 1.98:1 | Stopped Out |
About Magnolia Oil & Gas Corp
Magnolia Oil & Gas Corporation, an independent oil and natural gas company, engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. The company's properties are located primarily in Karnes County and the Giddings area in South Texas comprising the Eagle Ford Shale and the Austin Chalk formation. The company was incorporated in 2017 and is headquartered in Houston, Texas.
Company website