(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 22910
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Jan 2026 | 25.42 | 25.18 | 25.95 | 24.81 | 3.007 times |
| 20 Tue Jan 2026 | 25.91 | 26.23 | 26.32 | 25.70 | 1.091 times |
| 16 Fri Jan 2026 | 27.35 | 27.45 | 27.50 | 27.21 | 0.672 times |
| 15 Thu Jan 2026 | 27.45 | 27.55 | 27.55 | 27.30 | 1.724 times |
| 14 Wed Jan 2026 | 27.49 | 27.49 | 27.64 | 27.26 | 0.72 times |
| 13 Tue Jan 2026 | 27.54 | 27.67 | 27.90 | 27.42 | 0.485 times |
| 12 Mon Jan 2026 | 27.68 | 27.49 | 28.00 | 27.34 | 1.475 times |
| 09 Fri Jan 2026 | 27.37 | 26.98 | 27.45 | 26.93 | 0.842 times |
| 08 Thu Jan 2026 | 26.89 | 26.91 | 27.10 | 26.77 | 0.746 times |
| 07 Wed Jan 2026 | 27.17 | 27.29 | 27.31 | 27.03 | 0.746 times |
Stock of Magic Software (MGIC) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 25.3, for a target of 26.1 or 26.76
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 | 24.81 |
| Upside Target | 25.57 |
| Upside Target | 27.17 |
| Upside Target | 27.21 |
| Upside Target | 27.44 |
| Upside Target | 27.45 |
| Upside Target | 28.00 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 24.71 |
| Downside Intraday Target | 24.01 |
| Upside Intraday Target | 26.22 |
| Upside Intraday Target | 27.03 |
| Upside Intraday Target | 25.52 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Jan 2026 | 25.42 | 26.23 | 26.32 | 24.81 | 0.807 times |
| 16 Fri Jan 2026 | 27.35 | 27.49 | 28.00 | 27.21 | 0.804 times |
| 09 Fri Jan 2026 | 27.37 | 27.22 | 27.45 | 26.61 | 1.638 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 |
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 |
| 21 Wed Jan 2026 | 25.42 | 26.05 | 28.00 | 24.81 | 0.388 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL. 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 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magic Software in short term and SELL 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
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 26.74 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 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL. 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 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magic Software in short term and SELL 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
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 26.74 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.