(MGIC) Magic Software ForceIndex charts technical analysis
(MGIC) Magic Software ForceIndex charts technical analysis ForceIndex analysis of Magic Software | Buy/Sell Magic Software
Magic Software trades in USA in Technology sector.
10 day averaged volume of Magic Software is 58310
Date | Closing Price | Open | High | Low | Volume |
26 Fri Apr 2024 | 11.64 | 11.67 | 11.79 | 11.63 | 0.032 Mn |
25 Thu Apr 2024 | 11.58 | 11.61 | 11.69 | 11.50 | 0.051 Mn |
24 Wed Apr 2024 | 11.61 | 11.82 | 11.82 | 11.55 | 0.03 Mn |
23 Tue Apr 2024 | 11.75 | 11.67 | 11.79 | 11.60 | 0.053 Mn |
22 Mon Apr 2024 | 11.59 | 11.60 | 11.71 | 11.53 | 0.049 Mn |
19 Fri Apr 2024 | 11.55 | 11.35 | 11.55 | 11.35 | 0.044 Mn |
18 Thu Apr 2024 | 11.45 | 11.61 | 11.62 | 11.32 | 0.059 Mn |
17 Wed Apr 2024 | 11.62 | 11.61 | 11.71 | 11.39 | 0.078 Mn |
16 Tue Apr 2024 | 11.66 | 11.84 | 11.91 | 11.48 | 0.105 Mn |
15 Mon Apr 2024 | 11.83 | 11.91 | 11.94 | 11.71 | 0.055 Mn |
Indicators analysis of Magic Software (MGIC)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
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 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 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 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.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 but buying is losing 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 11.63 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.