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NR7 appears for MGY after 0.37% move

Magnolia Oil & Gas Corporation (MGY) — Nightly Technical Analysis · Aug 21, 2026, 17:49 ET
MGY finished lower by 0.37% on Friday, August 21st, trading 0.1 times its typical volume. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 27.98, 27.85 & 27.66, with resistance at 28.3, 28.49 & 28.62. Technical indicators like Slow Stochastic reveal overbought momentum right now.

Current SwingTradeBot Technical Rating of MGY: B

This might just be the start. See what else showed up for MGY today.

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Magnolia Oil & Gas Corp (MGY)