(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 2026-01-08 View latest technical analysis
10 day averaged volume of Mgic Investment is 1446200
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Jan 2026 | 29.08 | 28.68 | 29.11 | 28.65 | 1.223 times |
| 07 Wed Jan 2026 | 28.74 | 29.09 | 29.19 | 28.67 | 1.102 times |
| 06 Tue Jan 2026 | 28.98 | 29.37 | 29.55 | 28.67 | 1.371 times |
| 05 Mon Jan 2026 | 29.56 | 28.95 | 29.79 | 28.95 | 1.27 times |
| 02 Fri Jan 2026 | 29.15 | 29.14 | 29.30 | 28.82 | 0.918 times |
| 31 Wed Dec 2025 | 29.22 | 29.58 | 29.70 | 29.17 | 1.082 times |
| 29 Mon Dec 2025 | 29.70 | 29.83 | 29.89 | 29.48 | 1.011 times |
| 29 Mon Dec 2025 | 29.70 | 29.83 | 29.89 | 29.48 | 1.011 times |
| 26 Fri Dec 2025 | 29.79 | 29.71 | 29.82 | 29.60 | 0.657 times |
| 24 Wed Dec 2025 | 29.72 | 29.66 | 29.91 | 29.66 | 0.384 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 29 as stoploss in an intra day buy trade for a target of 29.36. However, stock will show a bearish move below 29.
Share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Target | 26.19 |
| Downside Target | 27.19 |
| Downside Target | 28.38 |
| Upside Target | 29.55 |
| Upside Target | 29.79 |
| Upside Target | 29.89 |
| Upside Target | 29.91 |
| Upside Target | 29.97 |
Intraday share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Intraday Target | 28.56 |
| Downside Intraday Target | 28.03 |
| Upside Intraday Target | 29.7 |
| Upside Intraday Target | 30.31 |
| Upside Intraday Target | 29.17 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Jan 2026 | 29.08 | 28.95 | 29.79 | 28.65 | 1.649 times |
| 02 Fri Jan 2026 | 29.15 | 29.83 | 29.89 | 28.82 | 2.977 times |
| 29 Mon Dec 2025 | 29.70 | 29.83 | 29.89 | 29.48 | 0.283 times |
| 26 Fri Dec 2025 | 29.79 | 29.59 | 29.91 | 29.55 | 0.407 times |
| 19 Fri Dec 2025 | 29.63 | 29.05 | 29.97 | 28.78 | 1.409 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 Mgic Investment (MTG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Thu Jan 2026 | 29.08 | 29.14 | 29.79 | 28.65 | 0.222 times |
| 31 Wed Dec 2025 | 29.22 | 28.24 | 29.97 | 27.58 | 1.551 times |
| 28 Fri Nov 2025 | 28.35 | 27.70 | 28.68 | 27.19 | 0.627 times |
| 31 Fri Oct 2025 | 27.42 | 28.28 | 28.38 | 26.19 | 0.831 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 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 Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mgic Investment in short term but the sell signal is initial and weak.
Mgic Investment Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 Mgic Investment 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mgic Investment is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 29.31 and Mgic Investment (MTG) 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 Mgic Investment (MTG) stock. Volume based technical analysis of Mgic Investment (MTG) stock is negative.
Mgic Investment 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 Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mgic Investment in short term but the sell signal is initial and weak.
Mgic Investment Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 Mgic Investment 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mgic Investment is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 29.31 and Mgic Investment (MTG) 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 Mgic Investment (MTG) stock. Volume based technical analysis of Mgic Investment (MTG) stock is negative.
Mgic Investment 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.