(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 2025-11-24 View latest technical analysis
10 day averaged volume of Magic Software is 45050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Nov 2025 | 23.32 | 22.88 | 23.43 | 22.48 | 1.159 times |
| 21 Fri Nov 2025 | 22.22 | 21.84 | 22.24 | 21.48 | 0.846 times |
| 20 Thu Nov 2025 | 21.85 | 22.97 | 23.06 | 21.76 | 0.797 times |
| 19 Wed Nov 2025 | 22.64 | 22.93 | 23.28 | 22.38 | 1.256 times |
| 18 Tue Nov 2025 | 23.06 | 24.35 | 24.35 | 22.73 | 0.846 times |
| 17 Mon Nov 2025 | 24.12 | 24.28 | 24.90 | 23.80 | 0.868 times |
| 14 Fri Nov 2025 | 23.99 | 23.83 | 24.55 | 23.80 | 0.886 times |
| 13 Thu Nov 2025 | 23.90 | 24.61 | 24.94 | 23.51 | 1.332 times |
| 12 Wed Nov 2025 | 24.17 | 24.22 | 24.47 | 23.92 | 1.281 times |
| 11 Tue Nov 2025 | 22.36 | 22.40 | 22.46 | 21.81 | 0.992 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 23.4 as stoploss in an intra day sell trade for a target of 22.17. However, stock will show a bullish move above 23.4.
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 18.57 |
| Downside Target | 19.20 |
| Downside Target | 20.43 |
| Downside Target | 20.85 |
| Downside Target | 21.47 |
| Downside Target | 21.98 |
| Downside Target | 22.00 |
| Downside Target | 22.48 |
| Upside Target | 23.43 |
| Upside Target | 24.90 |
| Upside Target | 24.94 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 22.72 |
| Downside Intraday Target | 22.13 |
| Upside Intraday Target | 23.67 |
| Upside Intraday Target | 24.03 |
| Downside Intraday Target | 23.08 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Nov 2025 | 23.32 | 22.88 | 23.43 | 22.48 | 0.251 times |
| 21 Fri Nov 2025 | 22.22 | 24.28 | 24.90 | 21.48 | 0.856 times |
| 14 Fri Nov 2025 | 23.99 | 22.00 | 24.94 | 21.81 | 1.798 times |
| 07 Fri Nov 2025 | 21.95 | 21.43 | 21.98 | 20.94 | 17.763 times |
| 31 Fri Oct 2025 | 20.68 | 20.55 | 20.99 | 20.43 | 0.066 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 |
| 24 Mon Nov 2025 | 23.32 | 21.43 | 24.94 | 20.94 | 1.07 times |
| 31 Fri Oct 2025 | 20.68 | 20.40 | 21.47 | 19.38 | 0.649 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 |
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Magic Software ( (MGIC) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 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 but BUY signal is weak.
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 23.22 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Magic Software ( (MGIC) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 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 but BUY signal is weak.
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 23.22 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.