(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 41380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Feb 2026 | 19.40 | 18.71 | 19.58 | 18.63 | 2.163 times |
| 19 Thu Feb 2026 | 19.06 | 18.41 | 19.06 | 18.23 | 0.964 times |
| 18 Wed Feb 2026 | 17.81 | 17.93 | 18.04 | 17.47 | 0.892 times |
| 17 Tue Feb 2026 | 17.35 | 17.84 | 18.49 | 17.06 | 3.03 times |
| 13 Fri Feb 2026 | 18.90 | 18.94 | 19.16 | 18.73 | 0.674 times |
| 13 Fri Feb 2026 | 18.90 | 18.94 | 19.16 | 18.73 | 0.674 times |
| 12 Thu Feb 2026 | 19.10 | 19.99 | 19.99 | 18.62 | 1.068 times |
| 11 Wed Feb 2026 | 20.14 | 20.90 | 20.92 | 19.87 | 1.078 times |
| 10 Tue Feb 2026 | 23.39 | 22.87 | 23.40 | 22.86 | 0.449 times |
| 09 Mon Feb 2026 | 22.45 | 22.23 | 22.59 | 22.05 | 0.713 times |
Stock of Magic Software (MGIC) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 19 as stoploss in an intra day buy trade for a target of 22.4. However, stock will show a bearish move below 19.
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 17.06 |
| Downside Target | 18.62 |
| Downside 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 | 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 | 17.78 |
| Downside Intraday Target | 16.16 |
| Upside Intraday Target | 20.3 |
| Upside Intraday Target | 21.2 |
| Downside Intraday Target | 18.68 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Feb 2026 | 19.40 | 17.84 | 19.58 | 17.06 | 10.455 times |
| 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 |
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 |
| 20 Fri Feb 2026 | 19.40 | 26.25 | 27.11 | 17.06 | 1.518 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, and volume has increased substantially. This means that the move can 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Magic Software in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Magic Software in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 19.04 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.
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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Magic Software in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Magic Software in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 19.04 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.