(MGIC) Magic Software complete technical analysis [charts+indicators] | Buy/Sell Magic Software | (MGIC) share price targets
Complete technical analysis of Magic Software (MGIC) by charts plus indicators, forecast predictions and share price targets for Magic Software (MGIC)
Magic Software trades in USA in Technology sector.
10 day averaged volume of Magic Software is 65560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Tue Apr 2025 | 13.28 | 13.37 | 13.43 | 13.18 | 0.406 times |
| 14 Mon Apr 2025 | 13.34 | 13.14 | 13.40 | 13.14 | 0.668 times |
| 11 Fri Apr 2025 | 13.12 | 12.84 | 13.19 | 12.75 | 0.401 times |
| 10 Thu Apr 2025 | 12.83 | 12.94 | 13.01 | 12.60 | 0.677 times |
| 09 Wed Apr 2025 | 13.17 | 12.40 | 13.19 | 12.40 | 0.909 times |
| 08 Tue Apr 2025 | 12.57 | 12.70 | 12.87 | 12.38 | 1.35 times |
| 07 Mon Apr 2025 | 12.34 | 12.10 | 12.85 | 11.98 | 2.113 times |
| 04 Fri Apr 2025 | 12.65 | 12.73 | 12.84 | 12.29 | 1.669 times |
| 03 Thu Apr 2025 | 13.06 | 13.08 | 13.21 | 12.98 | 0.639 times |
| 02 Wed Apr 2025 | 13.42 | 13.07 | 13.44 | 13.05 | 0.741 times |
My analysis of stock is bullish for shortterm, and stock might move up till 13.7 or till 14.3. Use a stoploss of 13.26 and if this stock hits its stoploss, then it can fall down till 12.78
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 11.36 |
| Downside Target | 11.98 |
| Downside Target | 12.89 |
| Downside Target | 13.28 |
| Upside Target | 13.43 |
| Upside Target | 13.44 |
| Upside Target | 13.46 |
| Upside Target | 14.24 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 13.14 |
| Downside Intraday Target | 12.99 |
| Upside Intraday Target | 13.43 |
| Upside Intraday Target | 13.57 |
| Upside Intraday Target | 13.28 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Tue Apr 2025 | 13.28 | 13.14 | 13.43 | 13.14 | 0.197 times |
| 11 Fri Apr 2025 | 13.12 | 12.10 | 13.19 | 11.98 | 1.012 times |
| 04 Fri Apr 2025 | 12.65 | 12.94 | 13.44 | 12.29 | 2.315 times |
| 28 Fri Mar 2025 | 12.95 | 13.43 | 13.43 | 12.89 | 0.245 times |
| 21 Fri Mar 2025 | 13.49 | 13.91 | 14.24 | 13.28 | 0.4 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Magic Software (MGIC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Tue Apr 2025 | 13.28 | 13.10 | 13.44 | 11.98 | 0.262 times |
| 31 Mon Mar 2025 | 12.99 | 12.51 | 14.24 | 11.65 | 3.7 times |
| 28 Fri Feb 2025 | 12.30 | 12.58 | 13.46 | 12.14 | 0.742 times |
| 31 Fri Jan 2025 | 12.68 | 12.03 | 13.19 | 11.36 | 1.388 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Magic Software (MGIC)
Price action analysis of Magic Software ( (MGIC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Magic Software ( (MGIC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Magic Software ( (MGIC) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining momentum.
MACD generated a BUY signal for Magic Software in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magic Software Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Magic Software in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 12.81 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 falling down
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 has given negative 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.
Price action analysis of Magic Software ( (MGIC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Magic Software ( (MGIC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Magic Software ( (MGIC) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining momentum.
MACD generated a BUY signal for Magic Software in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magic Software Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Magic Software in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 12.81 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 falling down
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 has given negative 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.