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(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 28230

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Jan 2026	27.17	27.29	27.31	27.03	0.606 times
06 Tue Jan 2026	27.14	27.19	27.25	26.61	1.215 times
05 Mon Jan 2026	27.20	27.22	27.31	26.87	2.012 times
02 Fri Jan 2026	26.05	26.05	26.36	25.69	0.893 times
31 Wed Dec 2025	25.75	26.19	26.19	25.57	0.662 times
30 Tue Dec 2025	26.36	26.52	26.52	26.05	0.857 times
29 Mon Dec 2025	26.52	26.41	26.95	26.33	0.716 times
26 Fri Dec 2025	26.25	26.75	26.77	26.25	0.999 times
24 Wed Dec 2025	27.00	26.76	27.17	26.76	0.652 times
23 Tue Dec 2025	26.49	26.40	26.76	26.40	1.24 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 27.1, but if it comes below 27.1, then a intra day sell could be more profitable.
If you take a sell trade below 27.1, then use 27.1 as stoploss and 26.43 as target. However if you take a buy trade in stock , then use 27.1 as stoploss and 27.9 as target.

Share price targets for Magic Software (MGIC)

Target Type	Value
Downside Target	18.72
Downside Target	19.38
Downside Target	20.85
Downside Target	21.47
Downside Target	23.90
Downside Target	24.52
Downside Target	25.57
Downside Target	26.61
Downside Target	27.00
Downside Target	27.17
Upside Target	27.31
Upside Target	27.44

Intraday share price targets for Magic Software (MGIC)

Target Type	Value
Downside Intraday Target	26.75
Downside Intraday Target	26.33
Upside Intraday Target	27.45
Upside Intraday Target	27.73
Downside Intraday Target	27.03

Weekly technical analysis of Magic Software (MGIC)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Jan 2026	27.17	27.22	27.31	26.61	1.225 times
02 Fri Jan 2026	26.05	26.41	26.95	25.57	0.858 times
26 Fri Dec 2025	26.25	26.41	27.17	25.89	0.285 times
19 Fri Dec 2025	26.29	26.91	27.44	24.52	1.677 times
12 Fri Dec 2025	26.74	25.77	27.00	24.82	0.899 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
07 Wed Jan 2026	27.17	26.05	27.31	25.69	0.136 times
31 Wed Dec 2025	25.75	24.19	27.44	23.90	1.355 times
28 Fri Nov 2025	23.08	21.43	24.94	20.94	1.214 times
31 Fri Oct 2025	20.68	20.40	21.47	19.38	0.649 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Magic Software ( (MGIC) ) based on a short to mid 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 mid to longer 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.

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 SELL signal for Magic Software in short term but the sell signal is initial and weak.

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 moving up

CCI has generated a buy signal for Magic Software in short term and BUY signal is strong.

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 26.67 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.