Magnolia Oil & Gas (MGY) Shares Enter Oversold Territory
January 19, 2024 at 11:26 AM EST
In trading on Friday, shares of Magnolia Oil & Gas Corp (MGY) entered into oversold territory, changing hands as low as $19.22 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..
