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Stock Trend Analysis Report

Prepared for you on Wednesday, June 19, 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.

NYSE_MGY
Open High Low MGY Price Change
24.270 24.725 24.190 24.660 +0.490
Entry Signal

MarketClub’s Trade Triangles for MGY

long term up The long-term trend has been UP since Mar 1st, 2024 at 22.755

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 25.340

short term down The short-term trend has been DOWN since Jun 13th, 2024 at 24.240

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).

-60
Smart Scan Analysis for MGY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.270 24.725 24.190 24.660 +0.490
Prev. Close Volume Bid Ask Time
24.670 1572123 2024-06-18 15:59:12
Year High15.23Year High Date2018-10-01
Year Low9.67Year Low Date2018-01-03
52wk High27.3352wk High Date2024-04-12
52wk Low19.1652wk Low Date2024-01-19
Average Volume2,057,390Shares Outstanding202,758
Market Cap2,844MAssets280,794,200M
Liabilities110,667,500MP/E Ratio12.0249
Volatility39.35
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