Is Magnolia Oil & Gas Corp. technically bullish or bearish?

As of 31 October 2025, the technical trend for Magnolia Oil & Gas Corp. has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is bearish, while the monthly MACD is mildly bearish. Conversely, the weekly and monthly RSI readings are bullish, suggesting some strength in momentum. Moving averages on a daily basis indicate a mildly bullish trend, but the overall sentiment is tempered by the weekly and monthly Bollinger Bands, which are mildly bearish, and the KST, which is bearish on a monthly basis.
In terms of performance, Magnolia Oil & Gas has underperformed the S&P 500 across multiple periods, with a year-to-date return of -6.29% compared to the S&P 500's 16.30%, and a one-year return of -12.36% versus the S&P 500's 19.89%. However, over a five-year period, the stock has significantly outperformed the benchmark with a return of 393.47% compared to the S&P 500's 109.18%.