(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 2025-02-10 View latest technical analysis
10 day averaged volume of Magic Software is 46050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Mon Feb 2025 | 13.05 | 13.08 | 13.16 | 13.03 | 0.612 times |
| 07 Fri Feb 2025 | 12.95 | 13.05 | 13.16 | 12.94 | 1.19 times |
| 06 Thu Feb 2025 | 13.16 | 13.30 | 13.38 | 13.15 | 0.608 times |
| 05 Wed Feb 2025 | 13.35 | 13.32 | 13.46 | 13.29 | 2.059 times |
| 04 Tue Feb 2025 | 12.92 | 12.75 | 12.96 | 12.59 | 0.704 times |
| 03 Mon Feb 2025 | 12.65 | 12.58 | 12.76 | 12.43 | 0.873 times |
| 31 Fri Jan 2025 | 12.68 | 12.76 | 12.96 | 12.59 | 0.971 times |
| 30 Thu Jan 2025 | 12.80 | 13.11 | 13.19 | 12.80 | 0.834 times |
| 29 Wed Jan 2025 | 12.82 | 12.83 | 12.89 | 12.71 | 1.049 times |
| 28 Tue Jan 2025 | 12.47 | 12.39 | 12.63 | 12.39 | 0.875 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13, but if it comes below 13, then a intra day sell could be more profitable.
If you take a sell trade below 13, then use 13 as stoploss and 12.75 as target. However if you take a buy trade in stock , then use 13 as stoploss and 13.4 as target.
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 10.42 |
| Downside Target | 10.71 |
| Downside Target | 11.36 |
| Downside Target | 11.91 |
| Downside Target | 12.25 |
| Downside Target | 12.97 |
| Downside Target | 13.03 |
| Upside Target | 13.16 |
| Upside Target | 13.19 |
| Upside Target | 13.46 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 13 |
| Downside Intraday Target | 12.95 |
| Upside Intraday Target | 13.13 |
| Upside Intraday Target | 13.21 |
| Upside Intraday Target | 13.08 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Mon Feb 2025 | 13.05 | 13.08 | 13.16 | 13.03 | 0.113 times |
| 07 Fri Feb 2025 | 12.95 | 12.58 | 13.46 | 12.43 | 1.19 times |
| 31 Fri Jan 2025 | 12.68 | 12.77 | 13.19 | 12.39 | 1.107 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 |
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 |
| 10 Mon Feb 2025 | 13.05 | 12.58 | 13.46 | 12.43 | 0.294 times |
| 31 Fri Jan 2025 | 12.68 | 12.03 | 13.19 | 11.36 | 1.388 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 |
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 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Magic Software in short term and the buy signal is strong.
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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 12.93 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 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Magic Software in short term and the buy signal is strong.
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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 12.93 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.