Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MGY stands at 71.041, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 0.938, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 89.894 and the Commodity Channel Index (CCI) at 210 further confirm a 1.77 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MGY is trading above its 60-day moving average of $24.11 and above its 200-day long-term moving average of $23.555. Key price levels to watch include the immediate resistance at $28.962 and strong support at $25.544. A break above $28.962 could signal a bull continuation, while falling below $25.544 may test the next Fibonacci floor at $23.903.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	22.127	23.903	25.544	27.321	28.962	30.738	32.379
Fibonacci	23.903	25.209	26.015	27.321	28.626	29.433	30.738

Magnolia Oil & Gas Corp (MGY) Technical Indicators

2026-03-02

Name	Value
RSI_14	71.041
STOCHk_14_3_3	89.894
STOCHd_14_3_3	86.608
CCI_20	210
AO_5_34	1.987
MOM_10	1.77
MACD_12_26_9	0.938

Magnolia Oil & Gas Corp (MGY) Relative Strength Index (RSI) is 71.041, creating a Sell signal.

Magnolia Oil & Gas Corp (MGY) Stochastic Oscillator is 89.894, creating a Sell signal.

Magnolia Oil & Gas Corp (MGY) Stochastic RSI is 86.608, creating a Sell signal.

Magnolia Oil & Gas Corp (MGY) Commodity Channel Index (CCI) is 210, creating a Sell signal.

Magnolia Oil & Gas Corp (MGY) Awesome Oscillator is 1.987, creating a Buy signal.

Magnolia Oil & Gas Corp (MGY) Momentum is 1.77, creating a Buy signal.

Magnolia Oil & Gas Corp (MGY) MACD is 0.938, creating a Buy signal.

Magnolia Oil & Gas Corp (MGY) Moving Average

2026-03-02

Period	Simple	Signal
MA_5	27.59	Buy
MA_10	27.185	Buy
MA_20	26.774	Buy
MA_60	24.11	Buy
MA_200	23.555	Buy
MA_250	23.341	Buy

Magnolia Oil & Gas Corp (MGY) 5-Day simple moving average is 27.59, while Magnolia Oil & Gas Corp (MGY) share price is $28.55, making it a Buy.

Magnolia Oil & Gas Corp (MGY) 10-Day simple moving average is 27.185, while Magnolia Oil & Gas Corp (MGY) share price is $28.55, making it a Buy.

Magnolia Oil & Gas Corp (MGY) 20-Day simple moving average is 26.774, while Magnolia Oil & Gas Corp (MGY) share price is $28.55, making it a Buy.

Magnolia Oil & Gas Corp (MGY) 60-Day simple moving average is 24.11, while Magnolia Oil & Gas Corp (MGY) share price is $28.55, making it a Buy.

Magnolia Oil & Gas Corp (MGY) 200-Day simple moving average is 23.555, while Magnolia Oil & Gas Corp (MGY) share price is $28.55, making it a Buy.

Magnolia Oil & Gas Corp (MGY) 250-Day simple moving average is 23.341, while Magnolia Oil & Gas Corp (MGY) share price is $28.55, 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 3 buy signals and 4 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 25.544 and a major resistance level at 28.962. Traders also monitor the pivot point at 27.321 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 71.041. 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 0.938, 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 $28.55, which is above its 200-day simple moving average of 23.555. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

MGY Technical

MGY Technical

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Overall Consensus

Technical Analysis Consensus

Moving Average Consensus

Technical Analysis for MGY