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(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 2025-11-25 View latest technical analysis

10 day averaged volume of Magic Software is 46230

Date Daily Closing Price Open High Low Volume
25 Tue Nov 2025 22.71 23.00 23.17 22.38 0.872 times
24 Mon Nov 2025 23.32 22.88 23.43 22.48 1.129 times
21 Fri Nov 2025 22.22 21.84 22.24 21.48 0.824 times
20 Thu Nov 2025 21.85 22.97 23.06 21.76 0.777 times
19 Wed Nov 2025 22.64 22.93 23.28 22.38 1.224 times
18 Tue Nov 2025 23.06 24.35 24.35 22.73 0.824 times
17 Mon Nov 2025 24.12 24.28 24.90 23.80 0.846 times
14 Fri Nov 2025 23.99 23.83 24.55 23.80 0.863 times
13 Thu Nov 2025 23.90 24.61 24.94 23.51 1.298 times
12 Wed Nov 2025 24.17 24.22 24.47 23.92 1.248 times

My analysis of stock is bullish for shortterm, and stock might move up till 23.5 or till 24.9. Use a stoploss of 22.28 and if this stock hits its stoploss, then it can fall down till 21.1

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 22.38
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 22.25
Downside Intraday Target 21.79
Upside Intraday Target 23.3
Upside Intraday Target 23.89
Upside Intraday Target 22.84

Weekly technical analysis of Magic Software (MGIC)

Date Weekly Closing Price Open High Low Volume
25 Tue Nov 2025 22.71 22.88 23.43 22.38 0.445 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
25 Tue Nov 2025 22.71 21.43 24.94 20.94 1.137 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 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Magic Software in short term and SELL 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

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 23.26 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 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 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Magic Software in short term and SELL 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

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 23.26 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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