The volume for Magnolia Oil & Gas stock increased for two consecutive days, resulting in a record-breaking daily growth of 846% of the 65-Day Volume Moving Average

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MGY - Magnolia Oil & Gas Corp
Record Volume
Bullish Trend
90%
Odds of UP Trend
Price: $25.6
Daily change: +$0.51 (+2.03%)
Daily volume: 24.3M
Capitalization: $6.1B
Industry: Oil & Gas Production

This two-day volume growth resulted in a record-breaking increase of 846%, as compared to the 65-Day Volume Moving Average. MGY's total volume now sits at 24.3M. The +0.27% price change was insignificant, leaving MGY's price at $25.6. This volume move could indicate a change in trend, and may be a buy signal for investors. A.I.dvisor found 11 similar cases, 10 of which were successful. Based on this data, the odds of success are +90%.