(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 2025-10-27 View latest technical analysis
10 day averaged volume of Magic Software is 24060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon Oct 2025 | 20.88 | 20.71 | 20.98 | 20.61 | 1.251 times |
| 24 Fri Oct 2025 | 20.24 | 20.18 | 20.52 | 20.18 | 0.682 times |
| 23 Thu Oct 2025 | 20.19 | 20.03 | 20.48 | 20.03 | 0.723 times |
| 22 Wed Oct 2025 | 19.69 | 19.69 | 19.87 | 19.38 | 0.989 times |
| 21 Tue Oct 2025 | 19.78 | 20.05 | 20.05 | 19.74 | 1.471 times |
| 20 Mon Oct 2025 | 20.28 | 20.45 | 20.49 | 20.16 | 1.409 times |
| 17 Fri Oct 2025 | 20.62 | 20.38 | 20.62 | 20.23 | 1.006 times |
| 16 Thu Oct 2025 | 20.51 | 20.71 | 20.83 | 20.43 | 0.653 times |
| 15 Wed Oct 2025 | 20.71 | 20.99 | 21.00 | 20.47 | 0.599 times |
| 14 Tue Oct 2025 | 20.88 | 20.10 | 20.99 | 20.03 | 1.122 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 20.9 as stoploss in an intra day sell trade for a target of 20.49. However, stock will show a bullish move above 20.9.
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 15.02 |
| Downside Target | 18.57 |
| Downside Target | 19.20 |
| Downside Target | 20.03 |
| Downside Target | 20.52 |
| Upside Target | 20.98 |
| Upside Target | 21.01 |
| Upside Target | 21.24 |
| Upside Target | 21.47 |
| Upside Target | 22.00 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 20.67 |
| Downside Intraday Target | 20.45 |
| Upside Intraday Target | 21.04 |
| Upside Intraday Target | 21.19 |
| Downside Intraday Target | 20.82 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon Oct 2025 | 20.88 | 20.71 | 20.98 | 20.61 | 0.237 times |
| 24 Fri Oct 2025 | 20.24 | 20.45 | 20.52 | 19.38 | 1.116 times |
| 17 Fri Oct 2025 | 20.62 | 21.17 | 21.24 | 20.03 | 0.813 times |
| 10 Fri Oct 2025 | 20.46 | 20.75 | 21.47 | 20.05 | 0.869 times |
| 03 Fri Oct 2025 | 20.68 | 19.50 | 20.98 | 19.41 | 1.865 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 |
| 27 Mon Oct 2025 | 20.88 | 20.40 | 21.47 | 19.38 | 0.547 times |
| 30 Tue Sep 2025 | 20.41 | 19.56 | 20.85 | 18.72 | 0.966 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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. Bulls are getting stronger in this stock.
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 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 20.36 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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. Bulls are getting stronger in this stock.
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 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 20.36 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 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.