Why Is Magnolia Oil & Gas Corporation (MGY) Stock Down Today?
Live update on MGY's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
Magnolia Oil & Gas Corporation (MGY)
Summary
Magnolia Oil & Gas Corporation (MGY) is trading down -2.35% at $24.98, reflecting a negative shift in investor sentiment today. The stock opened at $25.61 and has moved between $24.98 and $25.89 so far.
Trading volume is 2636748, which is 1% above its average, and the price action suggests selling interest.
Technically, MGY is trading below its 50-day moving average of $28.29 and below its 200-day moving average of $25.88, indicating short-term and long-term weakness.
Analyst sentiment is bullish. Meyka's AI assigns MGY a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +9.37% in 1 month ($27.32), -0.53% in 1 year ($24.85), and +15.38% in 5 years ($28.82).
View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
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MGY Technical Signals
Trading below 50-day moving average ($28.29)
Trading below 200-day moving average ($25.88)
Analyst Recommendations
Price Forecast
1 Month
$27.32
1 Year
$24.85
3 Years
$26.85
5 Years
$28.82
Is this change significant?
5-Day:-7.72%
1-Month:-9.82%
3-Month:-17.17%
What's next?
Next earnings date: 7/30/2025