(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 2025-04-01 View latest technical analysis
10 day averaged volume of Magic Software is 100610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Tue Apr 2025 | 13.28 | 13.10 | 13.28 | 12.96 | 0.543 times |
| 31 Mon Mar 2025 | 12.99 | 12.94 | 13.00 | 12.63 | 0.981 times |
| 28 Fri Mar 2025 | 12.95 | 13.10 | 13.10 | 12.89 | 0.342 times |
| 24 Mon Mar 2025 | 13.23 | 13.43 | 13.43 | 13.11 | 1.175 times |
| 21 Fri Mar 2025 | 13.49 | 13.44 | 13.49 | 13.28 | 0.57 times |
| 20 Thu Mar 2025 | 13.44 | 13.89 | 13.89 | 13.42 | 0.993 times |
| 19 Wed Mar 2025 | 14.04 | 13.79 | 14.13 | 13.67 | 1.621 times |
| 18 Tue Mar 2025 | 13.90 | 13.85 | 13.99 | 13.65 | 1.495 times |
| 17 Mon Mar 2025 | 14.20 | 13.91 | 14.24 | 13.76 | 1.514 times |
| 14 Fri Mar 2025 | 13.88 | 13.61 | 13.97 | 13.61 | 0.848 times |
My analysis of stock is bullish for shortterm, and stock might move up till 13.8 or till 14.7. Use a stoploss of 13.1 and if this stock hits its stoploss, then it can fall down till 12.35
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 11.36 |
| Downside Target | 12.02 |
| Downside Target | 12.63 |
| Downside Target | 13.28 |
| Upside Target | 13.43 |
| Upside Target | 13.46 |
| Upside Target | 14.04 |
| Upside Target | 14.24 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 12.85 |
| Downside Intraday Target | 12.41 |
| Upside Intraday Target | 13.5 |
| Upside Intraday Target | 13.71 |
| Downside Intraday Target | 13.06 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Tue Apr 2025 | 13.28 | 12.94 | 13.28 | 12.63 | 1.005 times |
| 28 Fri Mar 2025 | 12.95 | 13.43 | 13.43 | 12.89 | 0.245 times |
| 21 Fri Mar 2025 | 13.49 | 13.91 | 14.24 | 13.28 | 0.4 times |
| 14 Fri Mar 2025 | 13.88 | 12.02 | 14.04 | 12.02 | 9.152 times |
| 07 Fri Mar 2025 | 11.90 | 12.51 | 12.69 | 11.65 | 1.136 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 |
| 01 Tue Apr 2025 | 13.28 | 13.10 | 13.28 | 12.96 | 0.021 times |
| 31 Mon Mar 2025 | 12.99 | 12.51 | 14.24 | 11.65 | 3.7 times |
| 28 Fri Feb 2025 | 12.30 | 12.58 | 13.46 | 12.14 | 0.742 times |
| 31 Fri Jan 2025 | 12.68 | 12.03 | 13.19 | 11.36 | 1.388 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Magic Software stock for short term is BUY. Signal strength is Weak and stock is losing 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 weakening, and bulls 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 SELL signal in short term but selling is losing 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 13.67 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Magic Software stock for short term is BUY. Signal strength is Weak and stock is losing 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 weakening, and bulls 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 SELL signal in short term but selling is losing 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 13.67 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.