(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 2025-09-29 View latest technical analysis
10 day averaged volume of Magic Software is 38210
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Sep 2025 | 19.55 | 19.50 | 19.75 | 19.41 | 0.945 times |
| 26 Fri Sep 2025 | 19.25 | 19.08 | 19.48 | 19.00 | 0.448 times |
| 25 Thu Sep 2025 | 19.11 | 19.26 | 19.30 | 19.03 | 0.461 times |
| 24 Wed Sep 2025 | 19.49 | 19.64 | 19.64 | 19.40 | 0.482 times |
| 23 Tue Sep 2025 | 19.57 | 19.73 | 19.94 | 19.57 | 0.432 times |
| 22 Mon Sep 2025 | 19.80 | 19.69 | 19.80 | 19.60 | 0.437 times |
| 19 Fri Sep 2025 | 19.90 | 19.85 | 19.98 | 19.69 | 3.02 times |
| 18 Thu Sep 2025 | 19.81 | 19.55 | 19.97 | 19.55 | 1.335 times |
| 17 Wed Sep 2025 | 19.39 | 19.67 | 19.68 | 19.23 | 1.233 times |
| 16 Tue Sep 2025 | 20.17 | 19.91 | 20.21 | 19.87 | 0.678 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 19.4 as stoploss in an intra day buy trade for a target of 19.77. However, stock will show a bearish move below 19.4.
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 |
| Upside Target | 19.75 |
| Upside Target | 19.94 |
| Upside Target | 19.96 |
| Upside Target | 20.21 |
| Upside Target | 20.85 |
| Upside Target | 21.01 |
| Upside Target | 22.00 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 19.39 |
| Downside Intraday Target | 19.23 |
| Upside Intraday Target | 19.73 |
| Upside Intraday Target | 19.91 |
| Upside Intraday Target | 19.57 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Sep 2025 | 19.55 | 19.50 | 19.75 | 19.41 | 0.418 times |
| 26 Fri Sep 2025 | 19.25 | 19.69 | 19.94 | 19.00 | 0.292 times |
| 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 |
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 |
| 29 Mon Sep 2025 | 19.55 | 19.56 | 20.85 | 18.72 | 0.932 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 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 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 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 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 and the sell signal is strong.
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 red color and prices are below 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 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 19.7 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 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 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 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 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 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 and the sell signal is strong.
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 red color and prices are below 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 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 19.7 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.