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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.

NYSE_MGY
Open High Low MGY Price Change
23.280 23.400 22.895 22.910 -0.290
Entry Signal

MarketClub’s Trade Triangles for MGY

long term up The long-term trend has been UP since Aug 2nd, 2023 at 22.355

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2023 at 22.380

short term up 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).

-55
Smart Scan Analysis for MGY
Strong Downtrend Sideways 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 High15.23Year High Date2018-10-01
Year Low9.67Year Low Date2018-01-03
52wk High27.5752wk High Date2022-11-08
52wk Low18.7252wk Low Date2023-05-04
Average Volume1,778,399Shares Outstanding209,730
Market Cap2,844MAssets257,605,400M
Liabilities976,691,000MP/E Ratio5.3828
Volatility39.35
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