(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 2025-09-19 View latest technical analysis
10 day averaged volume of Magic Software is 46560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Sep 2025 | 19.90 | 19.85 | 19.98 | 19.69 | 2.479 times |
| 18 Thu Sep 2025 | 19.81 | 19.55 | 19.97 | 19.55 | 1.095 times |
| 17 Wed Sep 2025 | 19.39 | 19.67 | 19.68 | 19.23 | 1.012 times |
| 16 Tue Sep 2025 | 20.17 | 19.91 | 20.21 | 19.87 | 0.556 times |
| 15 Mon Sep 2025 | 19.93 | 20.03 | 20.21 | 19.78 | 1.211 times |
| 12 Fri Sep 2025 | 20.43 | 20.41 | 20.49 | 20.30 | 0.683 times |
| 11 Thu Sep 2025 | 20.43 | 20.59 | 20.67 | 20.40 | 0.646 times |
| 10 Wed Sep 2025 | 20.56 | 20.61 | 20.80 | 20.50 | 1.342 times |
| 09 Tue Sep 2025 | 20.00 | 20.11 | 20.25 | 19.79 | 1.514 times |
| 08 Mon Sep 2025 | 20.11 | 20.16 | 20.85 | 19.75 | 0.876 times |
Stock of Magic Software (MGIC) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 19.7 or till 19.2. Use a stoploss of 20.06 and if the stock hits stoploss, then it can shoot up till 20.46
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 13.64 |
| Downside Target | 15.02 |
| Downside Target | 16.50 |
| Downside Target | 18.57 |
| Downside Target | 19.20 |
| Upside Target | 20.21 |
| Upside Target | 20.85 |
| Upside Target | 20.91 |
| Upside Target | 21.01 |
| Upside Target | 22.00 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 19.35 |
| Downside Intraday Target | 18.8 |
| Upside Intraday Target | 20.33 |
| Upside Intraday Target | 20.76 |
| Downside Intraday Target | 19.78 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Sep 2025 | 19.90 | 20.03 | 20.21 | 19.23 | 1.255 times |
| 12 Fri Sep 2025 | 20.43 | 20.16 | 20.85 | 19.75 | 1.011 times |
| 05 Fri Sep 2025 | 19.64 | 19.56 | 19.96 | 18.72 | 9.361 times |
| 29 Fri Aug 2025 | 20.30 | 20.35 | 20.85 | 20.19 | 0.146 times |
| 29 Fri Aug 2025 | 20.30 | 20.59 | 20.91 | 20.19 | 1.03 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 |
| 19 Fri Sep 2025 | 19.90 | 19.56 | 20.85 | 18.72 | 0.803 times |
| 29 Fri Aug 2025 | 20.30 | 20.37 | 21.01 | 18.57 | 0.572 times |
| 31 Thu Jul 2025 | 20.71 | 19.31 | 22.00 | 19.20 | 1.559 times |
| 30 Mon Jun 2025 | 19.12 | 15.60 | 19.38 | 15.02 | 0.848 times |
Scroll below to view daily charts
Price has moved down 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 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 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 SELL. 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 and selling is picking up 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 20.03 and Magic Software (MGIC) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
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 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 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 SELL. 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 and selling is picking up 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 20.03 and Magic Software (MGIC) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.