(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 2025-07-07 View latest technical analysis
10 day averaged volume of Magic Software is 84260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Jul 2025 | 20.98 | 20.82 | 21.26 | 20.79 | 1.774 times |
| 03 Thu Jul 2025 | 20.70 | 20.33 | 20.83 | 20.33 | 0.625 times |
| 02 Wed Jul 2025 | 20.33 | 19.94 | 20.44 | 19.66 | 1.23 times |
| 01 Tue Jul 2025 | 19.67 | 19.31 | 19.90 | 19.20 | 2.188 times |
| 30 Mon Jun 2025 | 19.12 | 18.93 | 19.38 | 18.89 | 1.277 times |
| 27 Fri Jun 2025 | 18.21 | 18.10 | 18.25 | 17.93 | 0.472 times |
| 26 Thu Jun 2025 | 18.10 | 18.04 | 18.25 | 18.00 | 0.561 times |
| 25 Wed Jun 2025 | 18.07 | 18.10 | 18.26 | 17.97 | 0.802 times |
| 24 Tue Jun 2025 | 17.90 | 17.81 | 18.03 | 17.72 | 1.225 times |
| 23 Mon Jun 2025 | 17.40 | 17.08 | 17.47 | 17.04 | 0.927 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 21.4, for a target of 19.3 or 17.63
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 11.65 |
| Downside Target | 11.98 |
| Downside Target | 13.64 |
| Downside Target | 14.03 |
| Downside Target | 15.02 |
| Downside Target | 16.32 |
| Downside Target | 17.04 |
| Downside Target | 18.26 |
| Downside Target | 18.89 |
| Downside Target | 19.38 |
| Downside Target | 20.79 |
| Downside Target | 20.83 |
| Upside Target | 21.26 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 20.76 |
| Downside Intraday Target | 20.54 |
| Upside Intraday Target | 21.23 |
| Upside Intraday Target | 21.48 |
| Upside Intraday Target | 21.01 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Jul 2025 | 20.98 | 20.82 | 21.26 | 20.79 | 0.333 times |
| 03 Thu Jul 2025 | 20.70 | 18.93 | 20.83 | 18.89 | 1.334 times |
| 27 Fri Jun 2025 | 18.21 | 17.08 | 18.26 | 17.04 | 1.892 times |
| 20 Fri Jun 2025 | 16.98 | 16.49 | 17.07 | 16.32 | 0.914 times |
| 13 Fri Jun 2025 | 15.23 | 16.20 | 16.44 | 15.02 | 0.77 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 |
| 07 Mon Jul 2025 | 20.98 | 19.31 | 21.26 | 19.20 | 0.459 times |
| 30 Mon Jun 2025 | 19.12 | 15.60 | 19.38 | 15.02 | 0.848 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 |
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 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 short 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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
Although the stock is in the BUY zone, but buying 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 19.3 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 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 short 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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
Although the stock is in the BUY zone, but buying 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 19.3 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.