(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.
10 day averaged volume of Magic Software is 26020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Jan 2026 | 27.37 | 26.98 | 27.45 | 26.93 | 0.742 times |
| 08 Thu Jan 2026 | 26.89 | 26.91 | 27.10 | 26.77 | 0.657 times |
| 07 Wed Jan 2026 | 27.17 | 27.29 | 27.31 | 27.03 | 0.657 times |
| 06 Tue Jan 2026 | 27.14 | 27.19 | 27.25 | 26.61 | 1.318 times |
| 05 Mon Jan 2026 | 27.20 | 27.22 | 27.31 | 26.87 | 2.183 times |
| 02 Fri Jan 2026 | 26.05 | 26.05 | 26.36 | 25.69 | 0.968 times |
| 31 Wed Dec 2025 | 25.75 | 26.19 | 26.19 | 25.57 | 0.719 times |
| 30 Tue Dec 2025 | 26.36 | 26.52 | 26.52 | 26.05 | 0.93 times |
| 29 Mon Dec 2025 | 26.52 | 26.41 | 26.95 | 26.33 | 0.776 times |
| 26 Fri Dec 2025 | 26.25 | 26.75 | 26.77 | 26.25 | 1.084 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 27.2, but if it comes below 27.2, then a intra day sell could be more profitable.
If you take a sell trade below 27.2, then use 27.2 as stoploss and 26.58 as target. However if you take a buy trade in stock , then use 27.2 as stoploss and 27.9 as target.
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 18.72 |
| Downside Target | 19.38 |
| Downside Target | 20.85 |
| Downside Target | 21.47 |
| Downside Target | 23.90 |
| Downside Target | 24.52 |
| Downside Target | 25.57 |
| Downside Target | 26.61 |
| Downside Target | 27.00 |
| Downside Target | 27.17 |
| Upside Target | 27.44 |
| Upside Target | 27.45 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 26.84 |
| Downside Intraday Target | 26.3 |
| Upside Intraday Target | 27.68 |
| Upside Intraday Target | 27.98 |
| Downside Intraday Target | 27.14 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Jan 2026 | 27.37 | 27.22 | 27.45 | 26.61 | 1.638 times |
| 02 Fri Jan 2026 | 26.05 | 26.41 | 26.95 | 25.57 | 0.858 times |
| 26 Fri Dec 2025 | 26.25 | 26.41 | 27.17 | 25.89 | 0.285 times |
| 19 Fri Dec 2025 | 26.29 | 26.91 | 27.44 | 24.52 | 1.677 times |
| 12 Fri Dec 2025 | 26.74 | 25.77 | 27.00 | 24.82 | 0.899 times |
Price has moved up 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 |
| 09 Fri Jan 2026 | 27.37 | 26.05 | 27.45 | 25.69 | 0.173 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 |
| 31 Fri Oct 2025 | 20.68 | 20.40 | 21.47 | 19.38 | 0.649 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 26.73 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 26.73 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.