(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 2026-02-03 View latest technical analysis
10 day averaged volume of Magic Software is 19840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Tue Feb 2026 | 27.11 | 26.84 | 27.11 | 26.59 | 0.635 times |
| 02 Mon Feb 2026 | 26.45 | 26.25 | 26.75 | 26.25 | 1.069 times |
| 30 Fri Jan 2026 | 25.69 | 26.05 | 26.05 | 25.60 | 0.565 times |
| 29 Thu Jan 2026 | 26.08 | 26.30 | 26.30 | 25.63 | 0.554 times |
| 28 Wed Jan 2026 | 26.61 | 26.62 | 26.62 | 26.29 | 0.645 times |
| 27 Tue Jan 2026 | 26.95 | 26.95 | 26.97 | 26.51 | 0.514 times |
| 26 Mon Jan 2026 | 27.26 | 26.94 | 27.35 | 26.87 | 0.565 times |
| 23 Fri Jan 2026 | 26.97 | 26.68 | 26.97 | 26.60 | 0.675 times |
| 22 Thu Jan 2026 | 26.65 | 26.12 | 26.84 | 26.12 | 0.68 times |
| 21 Wed Jan 2026 | 25.42 | 25.18 | 25.95 | 24.81 | 3.473 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 26.23
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 19.38 |
| Downside Target | 20.94 |
| Downside Target | 21.47 |
| Downside Target | 23.90 |
| Downside Target | 24.81 |
| Downside Target | 25.60 |
| Downside Target | 26.25 |
| 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 | 26.54 |
| Downside Intraday Target | 25.96 |
| Upside Intraday Target | 27.4 |
| Upside Intraday Target | 27.68 |
| Downside Intraday Target | 26.82 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Tue Feb 2026 | 27.11 | 26.25 | 27.11 | 26.25 | 0.599 times |
| 30 Fri Jan 2026 | 25.69 | 26.94 | 27.35 | 25.60 | 0.467 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 |
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 |
| 03 Tue Feb 2026 | 27.11 | 26.25 | 27.11 | 26.25 | 0.073 times |
| 30 Fri Jan 2026 | 25.69 | 26.05 | 28.00 | 24.81 | 0.472 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 |
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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
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 and BUY signal is strong.
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
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 26.18 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
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 and BUY signal is strong.
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
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 26.18 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.