$27.380
-0.287 (-1.05%)At close
Price Predictions
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MGY Prediction & Forecast by Similar Chart Analysis
Alphio's MGY stock price prediction model matches the current Magnolia Oil & Gas Corp tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $27.34 (+0.47%). The 1-week path is $27.25 (+0.14%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy Magnolia Oil & Gas Corp Stock?
Magnolia Oil & Gas Corp is a good buy right now due to its strong financial performance and positive growth outlook. The current price is $26.25, while the forward P/E ratio stands at 9.6246, indicating it is trading at a reasonable valuation compared to its earnings potential. Additionally, the company has shown impressive revenue growth of 18.7% annually over the past five years and a gross margin of 61.96% in the latest quarter, which is significantly higher than many competitors. However, a risk to consider is the RSI of 40.418, which suggests that the stock is nearing oversold territory, indicating potential volatility in the short term.
MGY stock price ended at $27.38 on Wednesday, after losing -1.05%
Magnolia Oil & Gas Corp (MGY) last closed at $27.21, losing -0.62%. These facts feed the 1-day and 1-week MGY price prediction above.
Analyst Consensus
Magnolia Oil & Gas Corp (MGY): 3 buy, 0 hold, 0 sell. Outlook: Strong Buy.
Sell / Buy
Technical signals summary based on buy and sell indicators. The gauge shows the overall market view.
Forecast Drivers
Magnolia Oil & Gas Corp (MGY) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bullish
SMA 20
Bullish
SMA 200
Bullish
Similar Chart Patterns
Stocks whose recent price path most closely matches MGY, ranked by similarity.
Seasonality analysis for MGY
Historically the probability of a positive September return for MGY is 95.45%. September offers the highest probability of a positive month at 95.45%, while December is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
10-year price projections for MGY
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| Sep 2026 | $19.57 | $23.07 | $24.35 | -15.21% |
| Oct 2026 | $22.54 | $26.20 | $29.65 | -3.70% |
| Nov 2026 | $19.16 | $23.46 | $26.77 | -13.77% |
| Dec 2026 | $24.13 | $24.74 | $25.63 | -9.07% |
In 2026, Magnolia Oil & Gas Corp (MGY) is projected to range from $19.16 to $29.65.
Magnolia Oil & Gas Corp 2026 monthly forecast
In Sep 2026, Magnolia Oil & Gas Corp is projected to average $23.07, with a low of $19.57 and high of $24.35.
In Oct 2026, Magnolia Oil & Gas Corp is projected to average $26.20, with a low of $22.54 and high of $29.65.
In Nov 2026, Magnolia Oil & Gas Corp is projected to average $23.46, with a low of $19.16 and high of $26.77.
In Dec 2026, Magnolia Oil & Gas Corp is projected to average $24.74, with a low of $24.13 and high of $25.63.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.