(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 2025-10-07 View latest technical analysis
10 day averaged volume of Magic Software is 25814
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue Oct 2025 | 20.31 | 20.60 | 20.60 | 20.05 | 0.593 times |
| 06 Mon Oct 2025 | 20.58 | 20.75 | 20.98 | 20.36 | 1.069 times |
| 03 Fri Oct 2025 | 20.68 | 20.24 | 20.98 | 19.80 | 1.65 times |
| 02 Thu Oct 2025 | 20.39 | 20.69 | 20.69 | 19.70 | 0.838 times |
| 01 Wed Oct 2025 | 20.30 | 20.40 | 20.40 | 19.86 | 1.1 times |
| 30 Tue Sep 2025 | 20.41 | 20.03 | 20.42 | 19.99 | 1.247 times |
| 29 Mon Sep 2025 | 19.55 | 19.50 | 19.75 | 19.41 | 1.398 times |
| 26 Fri Sep 2025 | 19.25 | 19.08 | 19.48 | 19.00 | 0.662 times |
| 25 Thu Sep 2025 | 19.11 | 19.26 | 19.30 | 19.03 | 0.682 times |
| 24 Wed Sep 2025 | 19.49 | 19.64 | 19.64 | 19.40 | 0.713 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 20.5 as stoploss in an intra day sell trade for a target of 20. However, stock will show a bullish move above 20.5.
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 15.02 |
| Downside Target | 18.57 |
| Downside Target | 20.05 |
| Downside Target | 20.21 |
| Upside Target | 20.85 |
| Upside Target | 20.98 |
| Upside Target | 21.01 |
| Upside Target | 22.00 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 19.91 |
| Downside Intraday Target | 19.52 |
| Upside Intraday Target | 20.84 |
| Upside Intraday Target | 21.38 |
| Upside Intraday Target | 20.45 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue Oct 2025 | 20.31 | 20.75 | 20.98 | 20.05 | 0.267 times |
| 03 Fri Oct 2025 | 20.68 | 19.50 | 20.98 | 19.41 | 1.865 times |
| 26 Fri Sep 2025 | 19.25 | 19.69 | 19.94 | 19.00 | 0.292 times |
| 19 Fri Sep 2025 | 19.90 | 20.03 | 20.21 | 19.23 | 1.255 times |
| 12 Fri Sep 2025 | 20.43 | 20.16 | 20.85 | 19.75 | 1.011 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 Magic Software (MGIC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Tue Oct 2025 | 20.31 | 20.40 | 20.98 | 19.70 | 0.147 times |
| 30 Tue Sep 2025 | 20.41 | 19.56 | 20.85 | 18.72 | 0.966 times |
| 29 Fri Aug 2025 | 20.30 | 20.37 | 21.01 | 18.57 | 0.572 times |
| 31 Thu Jul 2025 | 20.71 | 19.31 | 22.00 | 19.20 | 1.559 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Magic Software in short term and the buy signal is strong.
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 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 Magic Software in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 20.1 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 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Magic Software in short term and the buy signal is strong.
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 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 Magic Software in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 20.1 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.