(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 2026-01-22 View latest technical analysis
10 day averaged volume of Magic Software is 26370
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Jan 2026 | 26.65 | 26.12 | 26.84 | 26.12 | 0.512 times |
| 21 Wed Jan 2026 | 25.42 | 25.18 | 25.95 | 24.81 | 2.613 times |
| 20 Tue Jan 2026 | 25.91 | 26.23 | 26.32 | 25.70 | 0.948 times |
| 16 Fri Jan 2026 | 27.35 | 27.45 | 27.50 | 27.21 | 0.584 times |
| 15 Thu Jan 2026 | 27.45 | 27.55 | 27.55 | 27.30 | 1.498 times |
| 14 Wed Jan 2026 | 27.49 | 27.49 | 27.64 | 27.26 | 0.626 times |
| 13 Tue Jan 2026 | 27.54 | 27.67 | 27.90 | 27.42 | 0.421 times |
| 12 Mon Jan 2026 | 27.68 | 27.49 | 28.00 | 27.34 | 1.282 times |
| 09 Fri Jan 2026 | 27.37 | 26.98 | 27.45 | 26.93 | 0.732 times |
| 08 Thu Jan 2026 | 26.89 | 26.91 | 27.10 | 26.77 | 0.648 times |
My analysis of stock is bearish for shortterm, and stock might move down till 26.1 or till 25.4. Use a stoploss of 26.78 and if the stock hits stoploss, then it can shoot up till 27.43
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 | 24.81 |
| Downside Target | 25.57 |
| Downside Target | 26.61 |
| 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 | 25.36 |
| Downside Intraday Target | 24.07 |
| Upside Intraday Target | 27.39 |
| Upside Intraday Target | 28.13 |
| Downside Intraday Target | 26.1 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Jan 2026 | 26.65 | 26.23 | 26.84 | 24.81 | 0.923 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 |
| 22 Thu Jan 2026 | 26.65 | 26.05 | 28.00 | 24.81 | 0.401 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 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 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 SELL. 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 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 negative zone. This is the SELL 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 26.71 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.
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 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 SELL. 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 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 negative zone. This is the SELL 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 26.71 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.