(MTG) Mgic Investment complete technical analysis [charts+indicators] | Buy/Sell Mgic Investment | (MTG) share price targets
Complete technical analysis of Mgic Investment (MTG) by charts plus indicators, forecast predictions and share price targets for Mgic Investment (MTG)
Mgic Investment trades in USA in Finance sector.
Showing technical analysis as on 2025-02-03 View latest technical analysis
10 day averaged volume of Mgic Investment is 1446340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Feb 2025 | 25.14 | 24.85 | 25.49 | 24.82 | 1.516 times |
| 31 Fri Jan 2025 | 25.54 | 25.60 | 25.75 | 25.35 | 1.231 times |
| 30 Thu Jan 2025 | 25.71 | 25.59 | 25.88 | 25.48 | 0.634 times |
| 29 Wed Jan 2025 | 25.31 | 25.39 | 25.69 | 25.14 | 0.784 times |
| 28 Tue Jan 2025 | 25.47 | 25.48 | 25.72 | 25.41 | 0.859 times |
| 27 Mon Jan 2025 | 25.58 | 24.87 | 25.64 | 24.76 | 1.239 times |
| 24 Fri Jan 2025 | 24.75 | 24.72 | 24.82 | 24.61 | 0.898 times |
| 23 Thu Jan 2025 | 24.79 | 24.53 | 24.89 | 24.41 | 1.165 times |
| 22 Wed Jan 2025 | 24.60 | 24.47 | 24.76 | 24.37 | 1.032 times |
| 21 Tue Jan 2025 | 24.56 | 24.50 | 24.81 | 24.48 | 0.805 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 25.3 as stoploss in an intra day sell trade for a target of 24.46. However, stock will show a bullish move above 25.3.
Share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Target | 22.71 |
| Downside Target | 24.26 |
| Downside Target | 24.82 |
| Downside Target | 24.89 |
| Upside Target | 25.49 |
| Upside Target | 25.79 |
| Upside Target | 25.88 |
| Upside Target | 26.53 |
| Upside Target | 26.56 |
Intraday share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Intraday Target | 24.81 |
| Downside Intraday Target | 24.48 |
| Upside Intraday Target | 25.48 |
| Upside Intraday Target | 25.82 |
| Upside Intraday Target | 25.15 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Feb 2025 | 25.14 | 24.85 | 25.49 | 24.82 | 0.319 times |
| 31 Fri Jan 2025 | 25.54 | 24.87 | 25.88 | 24.76 | 1.217 times |
| 24 Fri Jan 2025 | 24.75 | 24.50 | 24.89 | 24.37 | 2.887 times |
| 17 Fri Jan 2025 | 24.46 | 24.37 | 24.65 | 24.26 | 0.226 times |
| 17 Fri Jan 2025 | 24.46 | 22.79 | 24.65 | 22.71 | 2.393 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 Mgic Investment (MTG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Mon Feb 2025 | 25.14 | 24.85 | 25.49 | 24.82 | 0.063 times |
| 31 Fri Jan 2025 | 25.54 | 23.76 | 25.88 | 22.71 | 1.285 times |
| 31 Tue Dec 2024 | 23.71 | 25.63 | 25.79 | 22.98 | 0.797 times |
| 26 Tue Nov 2024 | 26.11 | 24.75 | 26.56 | 23.36 | 1.153 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 Mgic Investment (MTG)
Price action analysis of Mgic Investment ( (MTG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 Mgic Investment stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mgic Investment in short term and the buy signal is strong.
Mgic Investment Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 Mgic Investment in short term but SELL 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 Mgic Investment is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 25.14 and Mgic Investment (MTG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Mgic Investment (MTG) stock. Volume based technical analysis of Mgic Investment (MTG) stock is negative.
Mgic Investment 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 Mgic Investment ( (MTG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 Mgic Investment stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mgic Investment in short term and the buy signal is strong.
Mgic Investment Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 Mgic Investment in short term but SELL 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 Mgic Investment is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 25.14 and Mgic Investment (MTG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Mgic Investment (MTG) stock. Volume based technical analysis of Mgic Investment (MTG) stock is negative.
Mgic Investment 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.