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Stock Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
Magnolia Oil & Gas Corporation Class A (NYSE:MGY)
Sidelines Mode (-55) - MGY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 Aug 2nd, 2023 at 22.355
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 22.380
The short-term trend has been UP since Sep 26th, 2023 at 22.710
Smart Scan Analysis for MGY
Based on our trend formula, MGY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.280 | 23.400 | 22.895 | 22.910 | -0.290 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.910 | 1343236 | 2023-09-29 15:59:56 |
| Year High | 15.23 | Year High Date | 2018-10-01 |
| Year Low | 9.67 | Year Low Date | 2018-01-03 |
| 52wk High | 27.57 | 52wk High Date | 2022-11-08 |
| 52wk Low | 18.72 | 52wk Low Date | 2023-05-04 |
| Average Volume | 1,778,399 | Shares Outstanding | 209,730 |
| Market Cap | 2,844M | Assets | 257,605,400M |
| Liabilities | 976,691,000M | P/E Ratio | 5.3828 |
| Volatility | 39.35 |