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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 104900

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Jul 2025	21.00	20.96	21.10	20.72	0.348 times
16 Wed Jul 2025	20.81	20.83	20.92	20.52	0.415 times
15 Tue Jul 2025	20.84	20.91	21.05	20.74	0.609 times
14 Mon Jul 2025	20.73	20.80	20.88	20.50	1.289 times
11 Fri Jul 2025	21.47	21.33	21.59	21.26	0.649 times
10 Thu Jul 2025	21.57	21.73	22.00	21.33	0.996 times
09 Wed Jul 2025	21.67	21.17	21.74	21.14	1.93 times
08 Tue Jul 2025	20.40	20.83	21.98	20.17	1.196 times
07 Mon Jul 2025	20.98	20.82	21.26	20.79	1.425 times
03 Thu Jul 2025	20.70	20.33	20.83	20.33	0.502 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 21.2 as stoploss in an intra day sell trade for a target of 19.64. However, stock will show a bullish move above 21.2.

Share price targets for Magic Software (MGIC)

Target Type	Value
Downside Target	11.65
Downside Target	11.98
Downside Target	13.64
Downside Target	14.03
Downside Target	15.02
Downside Target	16.32
Downside Target	17.04
Downside Target	18.26
Downside Target	18.89
Downside Target	20.17
Downside Target	20.50
Downside Target	20.83
Upside Target	21.10
Upside Target	22.00

Intraday share price targets for Magic Software (MGIC)

Target Type	Value
Downside Intraday Target	20.63
Downside Intraday Target	20.27
Upside Intraday Target	21.23
Upside Intraday Target	21.47
Downside Intraday Target	20.87

Weekly technical analysis of Magic Software (MGIC)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Jul 2025	21.00	20.80	21.10	20.50	0.429 times
11 Fri Jul 2025	21.47	20.82	22.00	20.17	1.45 times
03 Thu Jul 2025	20.70	18.93	20.83	18.89	1.334 times
27 Fri Jun 2025	18.21	17.08	18.26	17.04	1.892 times
20 Fri Jun 2025	16.98	16.49	17.07	16.32	0.914 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
17 Thu Jul 2025	21.00	19.31	22.00	19.20	1.189 times
30 Mon Jun 2025	19.12	15.60	19.38	15.02	0.848 times
30 Fri May 2025	15.83	13.90	16.50	13.64	1.276 times
30 Wed Apr 2025	13.84	13.10	14.03	11.98	0.38 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 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 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 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 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 Strong and stock is gaining momentum.

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

Magic Software Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a buy signal for Magic Software in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 21.08 and Magic Software (MGIC) stock is trading below this level. This means that stock is falling with high volumes. 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.