(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.
Showing technical analysis as on 2025-01-30 View latest technical analysis
10 day averaged volume of Magic Software is 52840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu Jan 2025 | 12.80 | 13.11 | 13.19 | 12.80 | 0.727 times |
| 29 Wed Jan 2025 | 12.82 | 12.83 | 12.89 | 12.71 | 0.914 times |
| 28 Tue Jan 2025 | 12.47 | 12.39 | 12.63 | 12.39 | 0.763 times |
| 27 Mon Jan 2025 | 12.45 | 12.77 | 12.77 | 12.40 | 0.731 times |
| 24 Fri Jan 2025 | 12.85 | 13.01 | 13.01 | 12.81 | 0.541 times |
| 23 Thu Jan 2025 | 12.99 | 12.81 | 13.03 | 12.81 | 0.693 times |
| 22 Wed Jan 2025 | 12.74 | 12.86 | 12.97 | 12.72 | 1.111 times |
| 21 Tue Jan 2025 | 12.85 | 12.75 | 12.87 | 12.62 | 1.251 times |
| 17 Fri Jan 2025 | 12.60 | 12.42 | 12.60 | 12.25 | 0.891 times |
| 17 Fri Jan 2025 | 12.60 | 12.42 | 12.60 | 12.25 | 0.891 times |
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 10.24 |
| Downside Target | 10.71 |
| Downside Target | 11.36 |
| Downside Target | 11.91 |
| Downside Target | 12.39 |
| Downside Target | 12.60 |
| Downside Target | 12.62 |
| Upside Target | 12.82 |
| Upside Target | 12.97 |
| Upside Target | 13.03 |
| Upside Target | 13.19 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 12.4 |
| Downside Intraday Target | 11.99 |
| Upside Intraday Target | 13.2 |
| Upside Intraday Target | 13.59 |
| Downside Intraday Target | 12.79 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu Jan 2025 | 12.80 | 12.77 | 13.19 | 12.39 | 0.872 times |
| 24 Fri Jan 2025 | 12.85 | 12.75 | 13.03 | 12.62 | 4.034 times |
| 17 Fri Jan 2025 | 12.60 | 12.42 | 12.60 | 12.25 | 0.176 times |
| 17 Fri Jan 2025 | 12.60 | 11.63 | 12.82 | 11.57 | 3.247 times |
| 10 Fri Jan 2025 | 11.45 | 12.02 | 12.02 | 11.36 | 0.881 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 |
| 30 Thu Jan 2025 | 12.80 | 12.03 | 13.19 | 11.36 | 1.322 times |
| 31 Tue Dec 2024 | 12.03 | 12.80 | 12.97 | 11.51 | 1.041 times |
| 26 Tue Nov 2024 | 11.24 | 11.23 | 11.64 | 10.42 | 1.179 times |
| 31 Thu Oct 2024 | 11.21 | 11.91 | 11.91 | 10.71 | 0.323 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 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 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 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 buy signal for Magic Software in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 12.72 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.
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 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 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 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 buy signal for Magic Software in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 12.72 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.