Technical Analysis for MGY - Magnolia Oil & Gas Corporation

Grade Last Price % Change Price Change
grade F 10.67 0.00% 0.00
MGY closed unchanged on Thursday, July 18, 2019, on 2.28 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Earnings due: Aug 7

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical MGY trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish -1.75%

Older signals for MGY ...

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Profile
Magnolia Oil & Gas Corp, formerly TPG Pace Energy Holdings Corp, is an oil and gas exploration and production company. The Company owns assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. The Company operates in Karnes County and Giddings Field. It operates 14, 070 net acres in Karnes County and approximately 3,45,000 net acres in Giddings Field.
Oil And Gas Exploration Eagle Ford Group Mesozoic Austin Chalk Geological History Of Earth Cretaceous Hydrocarbon Exploration Chesapeake Energy
Is MGY a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 15.23
52 Week Low 9.88
Average Volume 1,526,426
200-Day Moving Average 12.2634
50-Day Moving Average 11.4862
20-Day Moving Average 11.2425
10-Day Moving Average 11.023
Average True Range 0.3598
ADX 14.19
+DI 14.6545
-DI 26.7077
Chandelier Exit (Long, 3 ATRs ) 10.9406
Chandelier Exit (Short, 3 ATRs ) 11.4744
Upper Bollinger Band 11.8621
Lower Bollinger Band 10.6229
Percent B (%b) 0.04
BandWidth 11.022459
MACD Line -0.1966
MACD Signal Line -0.1452
MACD Histogram -0.0514
Fundamentals Value
Market Cap 693.55 Million
Num Shares 65 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio 0.00
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.14
Resistance 3 (R3) 11.10 10.91 11.06
Resistance 2 (R2) 10.91 10.79 10.93 11.04
Resistance 1 (R1) 10.79 10.71 10.85 10.83 11.01
Pivot Point 10.59 10.59 10.62 10.61 10.59
Support 1 (S1) 10.47 10.47 10.53 10.51 10.33
Support 2 (S2) 10.28 10.40 10.30 10.30
Support 3 (S3) 10.16 10.28 10.28
Support 4 (S4) 10.20