Technical Analysis for MGY - Magnolia Oil & Gas Corporation

Grade Last Price % Change Price Change
grade D 6.29 2.95% 0.18
MGY closed up 2.95 percent on Friday, August 7, 2020, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Up
Historical MGY trend table...

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Inside Day Range Contraction 0.00%
20 DMA Resistance Bearish 2.95%
Fell Below 50 DMA Bearish 2.95%
Earnings Movers Other 2.95%
20 DMA Resistance Bearish -1.10%
Crossed Above 50 DMA Bullish -1.10%
Earnings Movers Other -1.10%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 2.78%
Oversold Stochastic Weakness 2.78%

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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 Geological History Of Earth Austin Chalk 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

Indicators

Indicator Value
52 Week High 13.09
52 Week Low 3.23
Average Volume 1,990,413
200-Day Moving Average 8.00
50-Day Moving Average 6.29
20-Day Moving Average 6.40
10-Day Moving Average 6.12
Average True Range 0.38
ADX 13.95
+DI 21.19
-DI 23.34
Chandelier Exit (Long, 3 ATRs ) 6.01
Chandelier Exit (Short, 3 ATRs ) 6.85
Upper Bollinger Band 7.15
Lower Bollinger Band 5.65
Percent B (%b) 0.42
BandWidth 23.41
MACD Line -0.04
MACD Signal Line 0.00
MACD Histogram -0.0385
Fundamentals Value
Market Cap 408.85 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) 6.85
Resistance 3 (R3) 6.80 6.57 6.75
Resistance 2 (R2) 6.57 6.43 6.59 6.72
Resistance 1 (R1) 6.43 6.34 6.50 6.48 6.69
Pivot Point 6.20 6.20 6.24 6.22 6.20
Support 1 (S1) 6.06 6.06 6.13 6.11 5.89
Support 2 (S2) 5.83 5.97 5.85 5.86
Support 3 (S3) 5.69 5.83 5.83
Support 4 (S4) 5.74