(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 2024-11-21 View latest technical analysis
10 day averaged volume of Mgic Investment is 1384700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 24.97 | 24.86 | 25.06 | 24.71 | 0.632 times |
| 20 Wed Nov 2024 | 24.73 | 24.50 | 24.76 | 24.46 | 0.758 times |
| 19 Tue Nov 2024 | 24.57 | 24.54 | 24.72 | 24.50 | 0.886 times |
| 18 Mon Nov 2024 | 24.79 | 24.85 | 25.02 | 24.78 | 0.7 times |
| 15 Fri Nov 2024 | 24.91 | 24.78 | 25.00 | 24.65 | 0.844 times |
| 14 Thu Nov 2024 | 24.60 | 24.58 | 24.81 | 24.42 | 0.943 times |
| 13 Wed Nov 2024 | 24.69 | 25.02 | 25.09 | 24.68 | 0.964 times |
| 12 Tue Nov 2024 | 24.95 | 24.75 | 25.07 | 24.75 | 0.922 times |
| 11 Mon Nov 2024 | 24.91 | 24.67 | 24.96 | 24.67 | 1.012 times |
| 08 Fri Nov 2024 | 24.46 | 24.62 | 24.62 | 24.26 | 1.227 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 25.2 as stoploss in an intra day sell trade for a target of 24.68. However, stock will show a bullish move above 25.2.
Share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Target | 21.20 |
| Downside Target | 22.88 |
| Downside Target | 23.36 |
| Downside Target | 24.06 |
| Upside Target | 25.35 |
| Upside Target | 25.39 |
| Upside Target | 25.71 |
| Upside Target | 25.89 |
| Upside Target | 25.93 |
| Upside Target | 26.02 |
| Upside Target | 26.53 |
Intraday share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Intraday Target | 24.6 |
| Downside Intraday Target | 24.23 |
| Upside Intraday Target | 25.2 |
| Upside Intraday Target | 25.43 |
| Downside Intraday Target | 24.83 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 24.97 | 24.85 | 25.06 | 24.46 | 0.635 times |
| 15 Fri Nov 2024 | 24.91 | 24.67 | 25.09 | 24.42 | 0.496 times |
| 08 Fri Nov 2024 | 24.46 | 23.60 | 25.39 | 23.36 | 1.242 times |
| 01 Fri Nov 2024 | 23.56 | 25.11 | 25.71 | 23.40 | 1.758 times |
| 25 Fri Oct 2024 | 24.89 | 25.96 | 26.02 | 24.81 | 1.082 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 |
| 21 Thu Nov 2024 | 24.97 | 24.75 | 25.39 | 23.36 | 0.934 times |
| 31 Thu Oct 2024 | 25.04 | 25.54 | 26.53 | 24.81 | 0.912 times |
| 30 Mon Sep 2024 | 25.60 | 25.33 | 25.89 | 24.06 | 0.936 times |
| 30 Fri Aug 2024 | 25.43 | 25.60 | 25.93 | 22.88 | 0.958 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 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 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 to mid 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 Mgic Investment ( (MTG) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Mgic Investment stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mgic Investment in short term but the buy 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 red color and prices are in or above the red 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 and selling is picking up 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 24.74 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 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 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 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 to mid 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 Mgic Investment ( (MTG) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Mgic Investment stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mgic Investment in short term but the buy 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 red color and prices are in or above the red 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 and selling is picking up 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 24.74 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.