(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 97750
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Apr 2025 | 13.06 | 13.08 | 13.21 | 12.98 | 0.429 times |
| 02 Wed Apr 2025 | 13.42 | 13.07 | 13.44 | 13.05 | 0.497 times |
| 01 Tue Apr 2025 | 13.28 | 13.10 | 13.28 | 12.96 | 0.559 times |
| 31 Mon Mar 2025 | 12.99 | 12.94 | 13.00 | 12.63 | 1.01 times |
| 28 Fri Mar 2025 | 12.95 | 13.10 | 13.10 | 12.89 | 0.352 times |
| 24 Mon Mar 2025 | 13.23 | 13.43 | 13.43 | 13.11 | 1.209 times |
| 21 Fri Mar 2025 | 13.49 | 13.44 | 13.49 | 13.28 | 0.586 times |
| 20 Thu Mar 2025 | 13.44 | 13.89 | 13.89 | 13.42 | 1.022 times |
| 19 Wed Mar 2025 | 14.04 | 13.79 | 14.13 | 13.67 | 1.669 times |
| 18 Tue Mar 2025 | 13.90 | 13.85 | 13.99 | 13.65 | 1.539 times |
My analysis of stock is bearish for shortterm, and stock might move down till 12.5 or till 11.6. Use a stoploss of 13.19 and if the stock hits stoploss, then it can shoot up till 13.9
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 11.36 |
| Downside Target | 12.02 |
| Downside Target | 12.63 |
| Upside Target | 13.28 |
| Upside Target | 13.43 |
| Upside Target | 13.44 |
| Upside Target | 13.46 |
| Upside Target | 14.04 |
| Upside Target | 14.24 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 12.65 |
| Downside Intraday Target | 12.23 |
| Upside Intraday Target | 13.46 |
| Upside Intraday Target | 13.85 |
| Downside Intraday Target | 13.04 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Apr 2025 | 13.06 | 12.94 | 13.44 | 12.63 | 1.598 times |
| 28 Fri Mar 2025 | 12.95 | 13.43 | 13.43 | 12.89 | 0.245 times |
| 21 Fri Mar 2025 | 13.49 | 13.91 | 14.24 | 13.28 | 0.4 times |
| 14 Fri Mar 2025 | 13.88 | 12.02 | 14.04 | 12.02 | 9.152 times |
| 07 Fri Mar 2025 | 11.90 | 12.51 | 12.69 | 11.65 | 1.136 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 |
| 03 Thu Apr 2025 | 13.06 | 13.10 | 13.44 | 12.96 | 0.056 times |
| 31 Mon Mar 2025 | 12.99 | 12.51 | 14.24 | 11.65 | 3.7 times |
| 28 Fri Feb 2025 | 12.30 | 12.58 | 13.46 | 12.14 | 0.742 times |
| 31 Fri Jan 2025 | 12.68 | 12.03 | 13.19 | 11.36 | 1.388 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 weakening, and bulls 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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 13.51 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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 weakening, and bulls 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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 13.51 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.