(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 2025-06-17 View latest technical analysis
10 day averaged volume of Magic Software is 44690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Jun 2025 | 16.45 | 16.49 | 16.58 | 16.32 | 0.873 times |
| 13 Fri Jun 2025 | 15.23 | 15.14 | 15.60 | 15.02 | 1.13 times |
| 12 Thu Jun 2025 | 15.79 | 16.05 | 16.05 | 15.70 | 0.85 times |
| 11 Wed Jun 2025 | 16.07 | 16.29 | 16.44 | 16.07 | 0.658 times |
| 10 Tue Jun 2025 | 16.12 | 16.12 | 16.29 | 16.00 | 0.747 times |
| 09 Mon Jun 2025 | 16.15 | 16.20 | 16.30 | 15.90 | 0.964 times |
| 06 Fri Jun 2025 | 16.35 | 16.21 | 16.39 | 16.15 | 0.602 times |
| 05 Thu Jun 2025 | 16.16 | 16.38 | 16.44 | 16.13 | 0.635 times |
| 04 Wed Jun 2025 | 16.33 | 16.17 | 16.39 | 16.17 | 0.66 times |
| 03 Tue Jun 2025 | 16.13 | 16.05 | 16.29 | 15.90 | 2.018 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16.3, but if it comes below 16.3, then a intra day sell could be more profitable.
If you take a sell trade below 16.3, then use 16.3 as stoploss and 15.9 as target. However if you take a buy trade in stock , then use 16.3 as stoploss and 16.8 as target.
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 11.65 |
| Downside Target | 11.98 |
| Downside Target | 13.46 |
| Downside Target | 14.03 |
| Downside Target | 15.02 |
| Downside Target | 15.56 |
| Downside Target | 16.32 |
| Downside Target | 16.44 |
| Upside Target | 16.50 |
| Upside Target | 16.58 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 16.32 |
| Downside Intraday Target | 16.19 |
| Upside Intraday Target | 16.58 |
| Upside Intraday Target | 16.71 |
| Downside Intraday Target | 16.45 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Jun 2025 | 16.45 | 16.49 | 16.58 | 16.32 | 0.201 times |
| 13 Fri Jun 2025 | 15.23 | 16.20 | 16.44 | 15.02 | 0.77 times |
| 06 Fri Jun 2025 | 16.35 | 15.60 | 16.44 | 15.58 | 0.654 times |
| 30 Fri May 2025 | 15.83 | 15.74 | 16.43 | 15.56 | 0.987 times |
| 23 Fri May 2025 | 15.11 | 16.20 | 16.50 | 14.35 | 1.314 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 |
| 17 Tue Jun 2025 | 16.45 | 15.60 | 16.58 | 15.02 | 0.386 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 |
| 31 Mon Mar 2025 | 12.99 | 12.51 | 14.24 | 11.65 | 3.7 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 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 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 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.
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. 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 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 16.05 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 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 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 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 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.
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. 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 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 16.05 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.