Mobile app version of munafa.us
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MTG) Mgic Investment complete technical analysis [charts+indicators] | Buy/Sell Mgic Investment | (MTG) share price targets

Complete technical analysis of Mgic Investment (MTG) by charts plus indicators, forecast predictions and share price targets for Mgic Investment (MTG)

Mgic Investment trades in USA in Finance sector.

Showing technical analysis as on 2024-07-10 View latest technical analysis

10 day averaged volume of Mgic Investment is 1477090

Date Daily Closing Price Open High Low Volume
10 Wed Jul 2024 21.66 21.49 21.75 21.47 0.766 times
09 Tue Jul 2024 21.40 21.26 21.68 21.20 0.826 times
08 Mon Jul 2024 21.29 21.52 21.71 21.29 1.166 times
05 Fri Jul 2024 21.44 21.58 21.78 21.42 1.443 times
03 Wed Jul 2024 21.65 21.90 21.92 21.60 0.479 times
03 Wed Jul 2024 21.65 21.90 21.92 21.60 0.479 times
02 Tue Jul 2024 21.86 21.56 21.93 21.56 0.956 times
01 Mon Jul 2024 21.62 21.73 21.80 21.42 0.789 times
28 Fri Jun 2024 21.55 21.38 21.68 21.30 1.678 times
27 Thu Jun 2024 21.22 21.10 21.31 20.96 1.157 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 21.7 as stoploss in an intra day sell trade for a target of 21.33. However, stock will show a bullish move above 21.7.

Share price targets for Mgic Investment (MTG)

Target Type Value
Downside Target 19.26
Downside Target 19.66
Downside Target 20.77
Upside Target 21.75
Upside Target 21.88
Upside Target 21.92
Upside Target 21.93
Upside Target 22.31
Upside Target 22.43

Intraday share price targets for Mgic Investment (MTG)

Target Type Value
Downside Intraday Target 21.32
Downside Intraday Target 20.99
Upside Intraday Target 21.87
Upside Intraday Target 22.09
Downside Intraday Target 21.54

Weekly technical analysis of Mgic Investment (MTG)

Date Weekly Closing Price Open High Low Volume
10 Wed Jul 2024 21.66 21.52 21.75 21.20 1.435 times
05 Fri Jul 2024 21.44 21.90 21.92 21.42 0.864 times
03 Wed Jul 2024 21.65 21.73 21.93 21.42 0.356 times
28 Fri Jun 2024 21.55 21.40 21.88 20.96 1.273 times
21 Fri Jun 2024 21.39 20.80 21.49 20.77 3.311 times

Price has moved up 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 Mgic Investment (MTG)

Date Monthly Closing Price Open High Low Volume
10 Wed Jul 2024 21.66 21.73 21.93 21.20 0.299 times
28 Fri Jun 2024 21.55 21.44 21.88 20.35 0.965 times
31 Fri May 2024 21.00 20.32 21.45 20.02 0.834 times
30 Tue Apr 2024 20.28 22.31 22.31 19.26 0.83 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 Mgic Investment (MTG)

Price action analysis of Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 Mgic Investment stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mgic Investment 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.

Mgic Investment 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. 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 Mgic Investment in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mgic Investment is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.51 and Mgic Investment (MTG) 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 Mgic Investment (MTG) stock. Volume based technical analysis of Mgic Investment (MTG) stock is negative.

Mgic Investment 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 Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 Mgic Investment stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mgic Investment 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.

Mgic Investment 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. 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 Mgic Investment in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mgic Investment is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.51 and Mgic Investment (MTG) 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 Mgic Investment (MTG) stock. Volume based technical analysis of Mgic Investment (MTG) stock is negative.

Mgic Investment 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme