(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 2026-01-27 View latest technical analysis
10 day averaged volume of Magic Software is 24830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Jan 2026 | 26.95 | 26.95 | 26.97 | 26.51 | 0.411 times |
| 26 Mon Jan 2026 | 27.26 | 26.94 | 27.35 | 26.87 | 0.451 times |
| 23 Fri Jan 2026 | 26.97 | 26.68 | 26.97 | 26.60 | 0.54 times |
| 22 Thu Jan 2026 | 26.65 | 26.12 | 26.84 | 26.12 | 0.544 times |
| 21 Wed Jan 2026 | 25.42 | 25.18 | 25.95 | 24.81 | 2.775 times |
| 20 Tue Jan 2026 | 25.91 | 26.23 | 26.32 | 25.70 | 1.007 times |
| 16 Fri Jan 2026 | 27.35 | 27.45 | 27.50 | 27.21 | 0.62 times |
| 15 Thu Jan 2026 | 27.45 | 27.55 | 27.55 | 27.30 | 1.591 times |
| 14 Wed Jan 2026 | 27.49 | 27.49 | 27.64 | 27.26 | 0.665 times |
| 13 Tue Jan 2026 | 27.54 | 27.67 | 27.90 | 27.42 | 0.447 times |
My analysis of stock is bullish for shortterm, and stock might move up till 27.5 or till 28.3. Use a stoploss of 26.86 and if this stock hits its stoploss, then it can fall down till 26.22
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 | 26.51 |
| Upside Target | 27.21 |
| Upside Target | 27.35 |
| 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 | 26.52 |
| Downside Intraday Target | 26.1 |
| Upside Intraday Target | 27.36 |
| Upside Intraday Target | 27.78 |
| Downside Intraday Target | 26.94 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Jan 2026 | 26.95 | 26.94 | 27.35 | 26.51 | 0.177 times |
| 23 Fri Jan 2026 | 26.97 | 26.23 | 26.97 | 24.81 | 1.039 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 |
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 |
| 27 Tue Jan 2026 | 26.95 | 26.05 | 28.00 | 24.81 | 0.437 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 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 short 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 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 Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 26.55 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 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 short 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 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 Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 26.55 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.