MGY Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Magnolia Oil & Gas Corp (MGY) Moving Averages Convergence Divergence (MACD) indicator is -0.754, suggesting MGY is Sell.

Magnolia Oil & Gas Corp (MGY) 20-Day simple moving average is 26.63, while Magnolia Oil & Gas Corp (MGY) share price is $25.79, making it Sell.

Magnolia Oil & Gas Corp (MGY) 60-Day simple moving average is 28.131, while Magnolia Oil & Gas Corp (MGY) share price is $25.79, making it Sell.

Technical Analysis for MGY

Technical Sentiment Analysis for Magnolia Oil & Gas Corp (MGY) As of 2026-07-07, Magnolia Oil & Gas Corp (MGY) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 5 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MGY stands at 40.948, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.754, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 12.077 and the Commodity Channel Index (CCI) at -93.869 further confirm a -1.34 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MGY is trading above its 60-day moving average of $28.131 and above its 200-day long-term moving average of $25.896. Key price levels to watch include the immediate resistance at $27.681 and strong support at $24.641. A break above $27.681 could signal a bull continuation, while falling below $24.641 may test the next Fibonacci floor at $23.281.

Magnolia Oil & Gas Corp (MGY) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	21.601	23.281	24.641	26.321	27.681	29.361	30.721
Fibonacci	23.281	24.442	25.159	26.321	27.482	28.199	29.361

Magnolia Oil & Gas Corp (MGY) Technical Indicators

2026-07-07

Name	Value
RSI_14	40.948
STOCHk_14_3_3	12.077
STOCHd_14_3_3	6.205
CCI_20	-93.869
AO_5_34	-1.975
MOM_10	-1.34
MACD_12_26_9	-0.754

Magnolia Oil & Gas Corp (MGY) Relative Strength Index (RSI) is 40.948, creating a Neutral signal.

Magnolia Oil & Gas Corp (MGY) Stochastic Oscillator is 12.077, creating a Buy signal.

Magnolia Oil & Gas Corp (MGY) Stochastic RSI is 6.205, creating a Buy signal.

Magnolia Oil & Gas Corp (MGY) Commodity Channel Index (CCI) is -93.869, creating a Neutral signal.

Magnolia Oil & Gas Corp (MGY) Awesome Oscillator is -1.975, creating a Sell signal.

Magnolia Oil & Gas Corp (MGY) Momentum is -1.34, creating a Sell signal.

Magnolia Oil & Gas Corp (MGY) MACD is -0.754, creating a Sell signal.

Magnolia Oil & Gas Corp (MGY) Moving Average

2026-07-07

Period	Simple	Signal
MA_5	25.312	Buy
MA_10	26.002	Sell
MA_20	26.63	Sell
MA_60	28.131	Sell
MA_200	25.896	Sell
MA_250	25.479	Buy

Magnolia Oil & Gas Corp (MGY) 5-Day simple moving average is 25.312, while Magnolia Oil & Gas Corp (MGY) share price is $25.79, making it a Buy.

Magnolia Oil & Gas Corp (MGY) 10-Day simple moving average is 26.002, while Magnolia Oil & Gas Corp (MGY) share price is $25.79, making it a Sell.

Magnolia Oil & Gas Corp (MGY) 20-Day simple moving average is 26.63, while Magnolia Oil & Gas Corp (MGY) share price is $25.79, making it a Sell.

Magnolia Oil & Gas Corp (MGY) 60-Day simple moving average is 28.131, while Magnolia Oil & Gas Corp (MGY) share price is $25.79, making it a Sell.

Magnolia Oil & Gas Corp (MGY) 200-Day simple moving average is 25.896, while Magnolia Oil & Gas Corp (MGY) share price is $25.79, making it a Sell.

Magnolia Oil & Gas Corp (MGY) 250-Day simple moving average is 25.479, while Magnolia Oil & Gas Corp (MGY) share price is $25.79, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for MGY?

The overall technical consensus for Magnolia Oil & Gas Corp (MGY) is currently Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 3 sell signals.

What are the key support and resistance levels for Magnolia Oil & Gas Corp (MGY) today?

Based on pivot point calculations, Magnolia Oil & Gas Corp (MGY) has an immediate support level at 24.641 and a major resistance level at 27.681. Traders also monitor the pivot point at 26.321 to determine the intraday trend direction.

Is Magnolia Oil & Gas Corp (MGY) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Magnolia Oil & Gas Corp (MGY) is currently 40.948. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Magnolia Oil & Gas Corp (MGY)?

Magnolia Oil & Gas Corp (MGY) Moving Averages Convergence Divergence (MACD) indicator is -0.754, suggesting MGY is Sell. This indicator helps identify potential trend reversals or momentum shifts for Magnolia Oil & Gas Corp.

How is Magnolia Oil & Gas Corp (MGY) performing relative to its 200-day moving average?

Magnolia Oil & Gas Corp (MGY) is currently trading at $25.79, which is below its 200-day simple moving average of 25.896. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

Name

Pivot Points

Classic

21.601

23.281

24.641

26.321

27.681

29.361

30.721

Fibonacci

23.281

24.442

25.159

26.321

27.482

28.199

29.361

Name

Value

RSI_14

40.948

STOCHk_14_3_3

12.077

STOCHd_14_3_3

6.205

CCI_20

-93.869

AO_5_34

-1.975

MOM_10

-1.34

MACD_12_26_9

-0.754

Period

Simple

Signal

MA_5

25.312

Buy

MA_10

26.002

Sell

MA_20

26.63

Sell

MA_60

28.131

Sell

MA_200

25.896

Sell

MA_250

25.479

Buy

Frequently Asked Questions