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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Magnolia Oil & Gas Corporation Class A (NYSE:MGY)
Crossroads (-60) - MGY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MGY?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MGY
The long-term trend has been UP since Mar 1st, 2024 at 22.755
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 25.340
The short-term trend has been DOWN since May 8th, 2024 at 24.770
Smart Scan Analysis for MGY
Based on our trend formula, MGY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.0100 | 25.9400 | 23.3431 | 25.8200 | +0.0200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.8800 | 3673243 | 2024-05-08 15:59:37 |
| Year High | 15.23 | Year High Date | 2018-10-01 |
| Year Low | 9.67 | Year Low Date | 2018-01-03 |
| 52wk High | 27.33 | 52wk High Date | 2024-04-12 |
| 52wk Low | 18.9053 | 52wk Low Date | 2023-05-10 |
| Average Volume | 2,357,554 | Shares Outstanding | 207,050 |
| Market Cap | 2,844M | Assets | 275,621,600M |
| Liabilities | 106,454,600M | P/E Ratio | 12.6471 |
| Volatility | 39.35 |