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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 2026-01-20 View latest technical analysis

10 day averaged volume of Magic Software is 26090

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Jan 2026	25.91	26.23	26.32	25.70	0.958 times
16 Fri Jan 2026	27.35	27.45	27.50	27.21	0.59 times
15 Thu Jan 2026	27.45	27.55	27.55	27.30	1.514 times
14 Wed Jan 2026	27.49	27.49	27.64	27.26	0.632 times
13 Tue Jan 2026	27.54	27.67	27.90	27.42	0.425 times
12 Mon Jan 2026	27.68	27.49	28.00	27.34	1.296 times
09 Fri Jan 2026	27.37	26.98	27.45	26.93	0.74 times
08 Thu Jan 2026	26.89	26.91	27.10	26.77	0.655 times
07 Wed Jan 2026	27.17	27.29	27.31	27.03	0.655 times
06 Tue Jan 2026	27.14	27.19	27.25	26.61	1.315 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.2, but if it comes above 26.2, then a intra day buy could be more profitable.
If you take a sell trade below 26.2, then use 26.2 as stoploss and 25.5 as target. However if you take a buy trade in stock , then use 26.2 as stoploss and 26.8 as target.

Share price targets for Magic Software (MGIC)

Target Type	Value
Downside Target	18.72
Downside Target	19.38
Downside Target	20.85
Downside Target	21.47
Downside Target	23.90
Downside Target	24.94
Downside Target	25.57
Upside Target	27.17
Upside Target	27.21
Upside Target	27.44
Upside Target	27.45
Upside Target	28.00

Intraday share price targets for Magic Software (MGIC)

Target Type	Value
Downside Intraday Target	25.63
Downside Intraday Target	25.36
Upside Intraday Target	26.25
Upside Intraday Target	26.6
Upside Intraday Target	25.98

Weekly technical analysis of Magic Software (MGIC)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Jan 2026	25.91	26.23	26.32	25.70	0.215 times
16 Fri Jan 2026	27.35	27.49	28.00	27.21	0.804 times
09 Fri Jan 2026	27.37	27.22	27.45	26.61	1.638 times
02 Fri Jan 2026	26.05	26.41	26.95	25.57	0.858 times
26 Fri Dec 2025	26.25	26.41	27.17	25.89	0.285 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
20 Tue Jan 2026	25.91	26.05	28.00	25.69	0.317 times
31 Wed Dec 2025	25.75	24.19	27.44	23.90	1.355 times
28 Fri Nov 2025	23.08	21.43	24.94	20.94	1.214 times
31 Fri Oct 2025	20.68	20.40	21.47	19.38	0.649 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Magic Software ( (MGIC) ) based on a short to mid 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.

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 SELL. 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.

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 green color and prices are in or below 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 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 27.2 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 positive

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