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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 111740

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Jul 2025	21.47	21.33	21.59	21.26	0.609 times
10 Thu Jul 2025	21.57	21.73	22.00	21.33	0.935 times
09 Wed Jul 2025	21.67	21.17	21.74	21.14	1.812 times
08 Tue Jul 2025	20.40	20.83	21.98	20.17	1.123 times
07 Mon Jul 2025	20.98	20.82	21.26	20.79	1.338 times
03 Thu Jul 2025	20.70	20.33	20.83	20.33	0.472 times
02 Wed Jul 2025	20.33	19.94	20.44	19.66	0.927 times
01 Tue Jul 2025	19.67	19.31	19.90	19.20	1.65 times
30 Mon Jun 2025	19.12	18.93	19.38	18.89	0.963 times
27 Fri Jun 2025	18.21	18.10	18.25	17.93	0.356 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 20.7, but if it comes below 20.7, then a intra day sell could be more profitable.
If you take a sell trade below 20.7, then use 20.7 as stoploss and 18.64 as target. However if you take a buy trade in stock , then use 20.7 as stoploss and 23.1 as target.

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	19.38
Downside Target	20.17
Downside Target	20.83
Upside Target	22.00

Intraday share price targets for Magic Software (MGIC)

Target Type	Value
Downside Intraday Target	20.43
Downside Intraday Target	19.38
Upside Intraday Target	22.26
Upside Intraday Target	23.04
Downside Intraday Target	21.21

Weekly technical analysis of Magic Software (MGIC)

Date	Weekly Closing Price	Open	High	Low	Volume
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
13 Fri Jun 2025	15.23	16.20	16.44	15.02	0.77 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
11 Fri Jul 2025	21.47	19.31	22.00	19.20	0.928 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 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 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 losing 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 SELL signal for Magic Software in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 20.57 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.