(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 2026-02-18 View latest technical analysis
10 day averaged volume of Magic Software is 50300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Feb 2026 | 17.81 | 17.93 | 18.04 | 17.47 | 0.734 times |
| 17 Tue Feb 2026 | 17.35 | 17.84 | 18.49 | 17.06 | 2.493 times |
| 13 Fri Feb 2026 | 18.90 | 18.94 | 19.16 | 18.73 | 0.555 times |
| 13 Fri Feb 2026 | 18.90 | 18.94 | 19.16 | 18.73 | 0.555 times |
| 12 Thu Feb 2026 | 19.10 | 19.99 | 19.99 | 18.62 | 0.879 times |
| 11 Wed Feb 2026 | 20.14 | 20.90 | 20.92 | 19.87 | 0.887 times |
| 10 Tue Feb 2026 | 23.39 | 22.87 | 23.40 | 22.86 | 0.37 times |
| 09 Mon Feb 2026 | 22.45 | 22.23 | 22.59 | 22.05 | 0.586 times |
| 06 Fri Feb 2026 | 21.85 | 21.76 | 22.28 | 21.59 | 0.376 times |
| 05 Thu Feb 2026 | 21.63 | 21.98 | 22.19 | 21.39 | 0.634 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.7, but if it comes above 19.7, then a intra day buy could be more profitable.
If you take a sell trade below 19.7, then use 19.7 as stoploss and 15.5 as target. However if you take a buy trade in stock , then use 19.7 as stoploss and 23.16 as target.
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 17.06 |
| Upside Target | 18.49 |
| Upside Target | 19.16 |
| Upside Target | 20.49 |
| Upside Target | 20.94 |
| Upside Target | 21.47 |
| Upside Target | 23.40 |
| Upside Target | 23.90 |
| Upside Target | 24.81 |
| Upside Target | 25.60 |
| Upside Target | 27.11 |
| Upside Target | 27.35 |
| Upside Target | 27.44 |
| Upside Target | 28.00 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 17.08 |
| Downside Intraday Target | 16.36 |
| Upside Intraday Target | 18.51 |
| Upside Intraday Target | 19.22 |
| Downside Intraday Target | 17.79 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Feb 2026 | 17.81 | 17.84 | 18.49 | 17.06 | 5.817 times |
| 13 Fri Feb 2026 | 18.90 | 18.94 | 19.16 | 18.73 | 0.169 times |
| 13 Fri Feb 2026 | 18.90 | 22.23 | 23.40 | 18.62 | 0.754 times |
| 06 Fri Feb 2026 | 21.85 | 26.25 | 27.11 | 20.49 | 3.878 times |
| 30 Fri Jan 2026 | 25.69 | 26.94 | 27.35 | 25.60 | 0.467 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Magic Software (MGIC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Wed Feb 2026 | 17.81 | 26.25 | 27.11 | 17.06 | 1.238 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 down 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Magic Software stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Magic Software in short term and the sell signal is strong.
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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 19.3 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 negative.
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Magic Software stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Magic Software in short term and the sell signal is strong.
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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 19.3 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.