(MGIC) Magic Software Stochastics charts technical analysis
(MGIC) Magic Software Stochastics charts technical analysis Stochastics analysis of Magic Software | Buy/Sell Magic Software
Magic Software trades in USA in Technology sector.
10 day averaged volume of Magic Software is 43430
| Date | Closing Price | Open | High | Low | Volume |
| 07 Fri Feb 2025 | 12.95 | 13.05 | 13.16 | 12.94 | 0.055 Mn |
| 06 Thu Feb 2025 | 13.16 | 13.30 | 13.38 | 13.15 | 0.028 Mn |
| 05 Wed Feb 2025 | 13.35 | 13.32 | 13.46 | 13.29 | 0.095 Mn |
| 04 Tue Feb 2025 | 12.92 | 12.75 | 12.96 | 12.59 | 0.032 Mn |
| 03 Mon Feb 2025 | 12.65 | 12.58 | 12.76 | 12.43 | 0.04 Mn |
| 31 Fri Jan 2025 | 12.68 | 12.76 | 12.96 | 12.59 | 0.045 Mn |
| 30 Thu Jan 2025 | 12.80 | 13.11 | 13.19 | 12.80 | 0.038 Mn |
| 29 Wed Jan 2025 | 12.82 | 12.83 | 12.89 | 12.71 | 0.048 Mn |
| 28 Tue Jan 2025 | 12.47 | 12.39 | 12.63 | 12.39 | 0.04 Mn |
| 27 Mon Jan 2025 | 12.45 | 12.77 | 12.77 | 12.40 | 0.039 Mn |
Indicators analysis of Magic Software (MGIC)
Magic Software Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Stochastics charts
Price action analysis of Magic Software ( (MGIC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Magic Software ( (MGIC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Magic Software ( (MGIC) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Magic Software ( (MGIC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Magic Software stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Magic Software in short term and the buy signal is strong.
Magic Software Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magic Software in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Magic Software is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.88 and Magic Software (MGIC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Magic Software (MGIC) stock. Volume based technical analysis of Magic Software (MGIC) stock is negative.
Magic Software Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.