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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Magnolia Oil & Gas Corporation Class A (NYSE:MGY)
Long-Term Downtrend (-90) - MGY is in a strong downtrend that is likely to continue. While MGY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Dec 20th, 2024 at 22.760
The intermediate-term trend has been DOWN since Dec 4th, 2024 at 26.760
The short-term trend has been DOWN since Nov 26th, 2024 at 27.885
Smart Scan Analysis for MGY
Based on our trend formula, MGY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.00 | 23.26 | 22.82 | 23.21 | +0.23 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.24 | 466863 | 2024-12-24 12:59:52 |
| Year High | 15.23 | Year High Date | 2018-10-01 |
| Year Low | 9.67 | Year Low Date | 2018-01-03 |
| 52wk High | 29.02 | 52wk High Date | 2024-11-22 |
| 52wk Low | 19.16 | 52wk Low Date | 2024-01-19 |
| Average Volume | 2,033,969 | Shares Outstanding | 212,863 |
| Market Cap | 2,844M | Assets | 281,095,700M |
| Liabilities | 902,868,000M | P/E Ratio | 11.5049 |
| Volatility | 39.35 |