NYSE:MGY Technical Analysis

Magnolia Oil & Gas Corp — Technical Analysis & Chart Patterns

15 formations appear in MGY's daily price history. A p&f triple top breakout completed with an upward breakout on August 10, 2026; a donchian breakout, bullish completed with an upward breakout on August 18, 2026; a right-angled broadening, descending completed with an upward breakout on August 19, 2026; a mitigation block, bearish completed with a downward breakout on August 20, 2026; a break of structure (bos) completed with an upward breakout on September 15, 2026; a liquidity sweep / stop raid completed with a downward breakout on September 16, 2026; a p&f double bottom breakdown completed with a downward breakout on September 16, 2026; a market structure shift (mss) / choch completed with a downward breakout on September 17, 2026; an ascending triangle completed with a downward breakout on September 16, 2026; a donchian breakout, bearish completed with a downward breakout on September 17, 2026; a marubozu, opening black printed a bearish signal on September 18, 2026; a Wyckoff markup phase has been under way since April 30, 2025; a double bottom, Eve & Adam is currently forming and has not yet triggered; a scallop, descending is currently forming and has not yet triggered; a long day, black printed a bearish signal on September 21, 2026.

Signal balance Conflicted — signals cancel 4 bullish (5.5) · 5 bearish (9)
Live signals only, weighted by each pattern's measured edge (proven counts double promising, which counts double unproven; confirmed breakouts count full, forming setups, phases and candles half). Trades that already resolved don't vote. 3 signals from negative-edge patterns excluded.

Patterns

last close, adjusted
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BREAKOUT UP
Wyckoff Markup Phase — Apr 30, 2025 to Sep 21, 2026
FORMING
Double Bottom, Eve & Adam — Jul 28, 2026 to Sep 21, 2026
FORMING
Scallop, Descending — Jul 28, 2026 to Sep 21, 2026
BREAKOUT DOWN
Long Day, Black — Sep 21, 2026 to Sep 21, 2026 · broke out on Sep 21, 2026
BREAKOUT DOWN
Marubozu, Opening Black — Sep 18, 2026 to Sep 18, 2026 · broke out on Sep 18, 2026
BREAKOUT DOWN
Donchian Breakout, Bearish — Aug 19, 2026 to Sep 16, 2026 · broke out on Sep 17, 2026
BREAKOUT DOWN
Liquidity Sweep / Stop Raid — Aug 20, 2026 to Sep 15, 2026 · broke out on Sep 16, 2026
BREAKOUT DOWN
P&F Double Bottom Breakdown — Sep 4, 2026 to Sep 15, 2026 · broke out on Sep 16, 2026
BREAKOUT DOWN
Market Structure Shift (MSS) / ChoCh — Jul 28, 2026 to Sep 15, 2026 · broke out on Sep 17, 2026
BREAKOUT DOWN
Ascending Triangle — Jul 17, 2026 to Sep 15, 2026 · broke out on Sep 16, 2026
BREAKOUT UP
Break of Structure (BOS) — Jul 28, 2026 to Aug 26, 2026 · broke out on Sep 15, 2026
BREAKOUT DOWN
Mitigation Block, Bearish — May 6, 2026 to Aug 20, 2026 · broke out on Aug 20, 2026
BREAKOUT UP
Right-Angled Broadening, Descending — May 29, 2026 to Aug 18, 2026 · broke out on Aug 19, 2026
BREAKOUT UP
Donchian Breakout, Bullish — Jul 21, 2026 to Aug 17, 2026 · broke out on Aug 18, 2026
BREAKOUT UP
P&F Triple Top Breakout — Jul 23, 2026 to Aug 7, 2026 · broke out on Aug 10, 2026
Detected on this chart: Wyckoff Markup Phase, Double Bottom, Eve & Adam (forming now), Scallop, Descending (forming now), Long Day, Black, Marubozu, Opening Black, Donchian Breakout, Bearish, Liquidity Sweep / Stop Raid, P&F Double Bottom Breakdown, Market Structure Shift (MSS) / ChoCh, Ascending Triangle, Break of Structure (BOS), Mitigation Block, Bearish, Right-Angled Broadening, Descending, Donchian Breakout, Bullish, P&F Triple Top Breakout. Subscribe to Pro to see each one drawn on the chart with its trigger price, measure-rule target, stop and simulated trade result.

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