(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 39680
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Sep 2025 | 19.25 | 19.08 | 19.48 | 19.00 | 0.431 times |
| 25 Thu Sep 2025 | 19.11 | 19.26 | 19.30 | 19.03 | 0.444 times |
| 24 Wed Sep 2025 | 19.49 | 19.64 | 19.64 | 19.40 | 0.464 times |
| 23 Tue Sep 2025 | 19.57 | 19.73 | 19.94 | 19.57 | 0.416 times |
| 22 Mon Sep 2025 | 19.80 | 19.69 | 19.80 | 19.60 | 0.421 times |
| 19 Fri Sep 2025 | 19.90 | 19.85 | 19.98 | 19.69 | 2.908 times |
| 18 Thu Sep 2025 | 19.81 | 19.55 | 19.97 | 19.55 | 1.285 times |
| 17 Wed Sep 2025 | 19.39 | 19.67 | 19.68 | 19.23 | 1.187 times |
| 16 Tue Sep 2025 | 20.17 | 19.91 | 20.21 | 19.87 | 0.653 times |
| 15 Mon Sep 2025 | 19.93 | 20.03 | 20.21 | 19.78 | 1.421 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.4, but if it comes above 19.4, then a intra day buy could be more profitable.
If you take a sell trade below 19.4, then use 19.4 as stoploss and 18.9 as target. However if you take a buy trade in stock , then use 19.4 as stoploss and 19.81 as target.
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 13.64 |
| Downside Target | 15.02 |
| Downside Target | 16.50 |
| Downside Target | 18.57 |
| Upside Target | 19.96 |
| Upside Target | 20.19 |
| Upside Target | 20.21 |
| Upside Target | 20.85 |
| Upside Target | 21.01 |
| Upside Target | 22.00 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 18.85 |
| Downside Intraday Target | 18.46 |
| Upside Intraday Target | 19.79 |
| Upside Intraday Target | 20.34 |
| Upside Intraday Target | 19.4 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Sep 2025 | 19.25 | 19.69 | 19.94 | 19.00 | 0.292 times |
| 19 Fri Sep 2025 | 19.90 | 20.03 | 20.21 | 19.23 | 1.255 times |
| 12 Fri Sep 2025 | 20.43 | 20.16 | 20.85 | 19.75 | 1.011 times |
| 05 Fri Sep 2025 | 19.64 | 19.56 | 19.96 | 18.72 | 9.361 times |
| 29 Fri Aug 2025 | 20.30 | 20.35 | 20.85 | 20.19 | 0.146 times |
Price has moved down 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 |
| 26 Fri Sep 2025 | 19.25 | 19.56 | 20.85 | 18.72 | 0.894 times |
| 29 Fri Aug 2025 | 20.30 | 20.37 | 21.01 | 18.57 | 0.572 times |
| 31 Thu Jul 2025 | 20.71 | 19.31 | 22.00 | 19.20 | 1.559 times |
| 30 Mon Jun 2025 | 19.12 | 15.60 | 19.38 | 15.02 | 0.848 times |
Scroll below to view daily charts
Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Magic Software in short term and the sell signal is strong.
Magic Software Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Magic Software in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Magic Software is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.74 and Magic Software (MGIC) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Magic Software in short term and the sell signal is strong.
Magic Software Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Magic Software in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Magic Software is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.74 and Magic Software (MGIC) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.