(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 2026-02-13 View latest technical analysis
10 day averaged volume of Magic Software is 38350
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Feb 2026 | 18.90 | 18.94 | 19.16 | 18.73 | 0.728 times |
| 13 Fri Feb 2026 | 18.90 | 18.94 | 19.16 | 18.73 | 0.728 times |
| 12 Thu Feb 2026 | 19.10 | 19.99 | 19.99 | 18.62 | 1.153 times |
| 11 Wed Feb 2026 | 20.14 | 20.90 | 20.92 | 19.87 | 1.163 times |
| 10 Tue Feb 2026 | 23.39 | 22.87 | 23.40 | 22.86 | 0.485 times |
| 09 Mon Feb 2026 | 22.45 | 22.23 | 22.59 | 22.05 | 0.769 times |
| 06 Fri Feb 2026 | 21.85 | 21.76 | 22.28 | 21.59 | 0.493 times |
| 05 Thu Feb 2026 | 21.63 | 21.98 | 22.19 | 21.39 | 0.832 times |
| 04 Wed Feb 2026 | 21.89 | 22.69 | 22.83 | 20.49 | 3.497 times |
| 03 Tue Feb 2026 | 27.11 | 26.84 | 27.11 | 26.59 | 0.329 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21, but if it comes above 21, then a intra day buy could be more profitable.
If you take a sell trade below 21, then use 21 as stoploss and 17.4 as target. However if you take a buy trade in stock , then use 21 as stoploss and 23.97 as target.
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 18.62 |
| Upside Target | 19.16 |
| Upside Target | 20.49 |
| Upside Target | 20.94 |
| Upside Target | 21.47 |
| Upside Target | 23.40 |
| Upside Target | 23.90 |
| Upside Target | 24.81 |
| Upside Target | 25.60 |
| Upside Target | 26.97 |
| Upside Target | 27.11 |
| Upside Target | 27.35 |
| Upside Target | 27.44 |
| Upside Target | 28.00 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 18.7 |
| Downside Intraday Target | 18.5 |
| Upside Intraday Target | 19.13 |
| Upside Intraday Target | 19.36 |
| Upside Intraday Target | 18.93 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Feb 2026 | 18.90 | 18.94 | 19.16 | 18.73 | 0.169 times |
| 13 Fri Feb 2026 | 18.90 | 22.23 | 23.40 | 18.62 | 0.754 times |
| 06 Fri Feb 2026 | 21.85 | 26.25 | 27.11 | 20.49 | 3.878 times |
| 30 Fri Jan 2026 | 25.69 | 26.94 | 27.35 | 25.60 | 0.467 times |
| 23 Fri Jan 2026 | 26.97 | 26.23 | 26.97 | 24.81 | 1.039 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 |
| 13 Fri Feb 2026 | 18.90 | 26.25 | 27.11 | 18.62 | 0.888 times |
| 30 Fri Jan 2026 | 25.69 | 26.05 | 28.00 | 24.81 | 0.472 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 |
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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Magic Software stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Magic Software in short term and the sell signal is strong.
Magic Software 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Magic Software in short term
RSI is generating a SELL signal in short term but selling 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 21.21 and Magic Software (MGIC) 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 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.
Price action analysis of Magic Software ( (MGIC) ) 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 Magic Software ( (MGIC) ) 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Magic Software stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Magic Software in short term and the sell signal is strong.
Magic Software 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Magic Software in short term
RSI is generating a SELL signal in short term but selling 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 21.21 and Magic Software (MGIC) 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 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.