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 1.197, suggesting MGY is Strong Buy.

Magnolia Oil & Gas Corp (MGY) 20-Day simple moving average is 29.45, while Magnolia Oil & Gas Corp (MGY) share price is $31.24, making it Buy.

Magnolia Oil & Gas Corp (MGY) 60-Day simple moving average is 26.173, while Magnolia Oil & Gas Corp (MGY) share price is $31.24, making it Buy.

Technical Analysis for MGY

Technical Sentiment Analysis for Magnolia Oil & Gas Corp (MGY) As of 2026-03-25, Magnolia Oil & Gas Corp (MGY) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MGY stands at 80.317, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 1.197, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 91.394 and the Commodity Channel Index (CCI) at 135.784 further confirm a 2.37 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MGY is trading above its 60-day moving average of $26.173 and above its 200-day long-term moving average of $24.194. Key price levels to watch include the immediate resistance at $31.754 and strong support at $28.744. A break above $31.754 could signal a bull continuation, while falling below $28.744 may test the next Fibonacci floor at $27.192.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	25.734	27.192	28.744	30.202	31.754	33.212	34.764
Fibonacci	27.192	28.342	29.052	30.202	31.352	32.062	33.212

Magnolia Oil & Gas Corp (MGY) Technical Indicators

2026-03-25

Name	Value
RSI_14	80.317
STOCHk_14_3_3	91.394
STOCHd_14_3_3	91.108
CCI_20	135.784
AO_5_34	2.621
MOM_10	2.37
MACD_12_26_9	1.197

Magnolia Oil & Gas Corp (MGY) Relative Strength Index (RSI) is 80.317, creating a Sell signal.

Magnolia Oil & Gas Corp (MGY) Stochastic Oscillator is 91.394, creating a Sell signal.

Magnolia Oil & Gas Corp (MGY) Stochastic RSI is 91.108, creating a Sell signal.

Magnolia Oil & Gas Corp (MGY) Commodity Channel Index (CCI) is 135.784, creating a Sell signal.

Magnolia Oil & Gas Corp (MGY) Awesome Oscillator is 2.621, creating a Buy signal.

Magnolia Oil & Gas Corp (MGY) Momentum is 2.37, creating a Buy signal.

Magnolia Oil & Gas Corp (MGY) MACD is 1.197, creating a Buy signal.

Magnolia Oil & Gas Corp (MGY) Moving Average

2026-03-25

Period	Simple	Signal
MA_5	31.002	Buy
MA_10	30.296	Buy
MA_20	29.45	Buy
MA_60	26.173	Buy
MA_200	24.194	Buy
MA_250	23.739	Buy

Magnolia Oil & Gas Corp (MGY) 5-Day simple moving average is 31.002, while Magnolia Oil & Gas Corp (MGY) share price is $31.24, making it a Buy.

Magnolia Oil & Gas Corp (MGY) 10-Day simple moving average is 30.296, while Magnolia Oil & Gas Corp (MGY) share price is $31.24, making it a Buy.

Magnolia Oil & Gas Corp (MGY) 20-Day simple moving average is 29.45, while Magnolia Oil & Gas Corp (MGY) share price is $31.24, making it a Buy.

Magnolia Oil & Gas Corp (MGY) 60-Day simple moving average is 26.173, while Magnolia Oil & Gas Corp (MGY) share price is $31.24, making it a Buy.

Magnolia Oil & Gas Corp (MGY) 200-Day simple moving average is 24.194, while Magnolia Oil & Gas Corp (MGY) share price is $31.24, making it a Buy.

Magnolia Oil & Gas Corp (MGY) 250-Day simple moving average is 23.739, while Magnolia Oil & Gas Corp (MGY) share price is $31.24, 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 Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 5 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 28.744 and a major resistance level at 31.754. Traders also monitor the pivot point at 30.202 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 80.317. This indicates that the stock is in overbought 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 1.197, suggesting MGY is Strong Buy. 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 $31.24, which is above its 200-day simple moving average of 24.194. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.