(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 2025-03-21 View latest technical analysis
10 day averaged volume of Mgic Investment is 2821550
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Mar 2025 | 23.55 | 23.55 | 23.77 | 23.30 | 8.165 times |
| 20 Thu Mar 2025 | 23.71 | 23.28 | 23.85 | 23.28 | 0.998 times |
| 19 Wed Mar 2025 | 23.41 | 23.35 | 23.51 | 23.12 | 1.4 times |
| 18 Tue Mar 2025 | 23.20 | 23.02 | 23.37 | 23.02 | 1.111 times |
| 17 Mon Mar 2025 | 23.05 | 22.86 | 23.09 | 22.30 | 1.473 times |
| 14 Fri Mar 2025 | 23.10 | 22.65 | 23.14 | 22.56 | 0.701 times |
| 13 Thu Mar 2025 | 22.56 | 22.68 | 23.10 | 22.47 | 1.011 times |
| 12 Wed Mar 2025 | 22.60 | 22.95 | 23.00 | 22.50 | 0.889 times |
| 11 Tue Mar 2025 | 22.81 | 23.30 | 23.38 | 22.63 | 0.813 times |
| 10 Mon Mar 2025 | 23.23 | 23.68 | 23.88 | 23.15 | 0.889 times |
Stock of Mgic Investment (MTG) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 23 or till 22.3. Use a stoploss of 23.58 and if the stock hits stoploss, then it can shoot up till 24.16
Share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Target | 22.30 |
| Upside Target | 23.94 |
| Upside Target | 24.61 |
| Upside Target | 24.92 |
| Upside Target | 24.98 |
| Upside Target | 25.79 |
| Upside Target | 25.88 |
| Upside Target | 26.07 |
| Upside Target | 26.56 |
Intraday share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Intraday Target | 22.62 |
| Downside Intraday Target | 21.68 |
| Upside Intraday Target | 24.17 |
| Upside Intraday Target | 24.78 |
| Downside Intraday Target | 23.23 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Mar 2025 | 23.55 | 22.86 | 23.85 | 22.30 | 3.056 times |
| 14 Fri Mar 2025 | 23.10 | 23.68 | 23.88 | 22.47 | 1.434 times |
| 07 Fri Mar 2025 | 23.79 | 24.55 | 24.98 | 23.34 | 0.831 times |
| 28 Fri Feb 2025 | 24.61 | 24.12 | 24.61 | 23.81 | 1.447 times |
| 21 Fri Feb 2025 | 23.97 | 24.63 | 24.92 | 23.94 | 0.855 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 Mgic Investment (MTG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Mar 2025 | 23.55 | 24.55 | 24.98 | 22.30 | 1.598 times |
| 28 Fri Feb 2025 | 24.61 | 24.85 | 26.07 | 23.81 | 1.037 times |
| 31 Fri Jan 2025 | 25.54 | 23.76 | 25.88 | 22.71 | 1.285 times |
| 31 Tue Dec 2024 | 23.71 | 25.63 | 25.79 | 22.98 | 0.797 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 Mgic Investment (MTG)
Price action analysis of Mgic Investment ( (MTG) ) based on a short 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 short 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 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 Mgic Investment ( (MTG) ) based on a mid to longer 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.
ADX buy sell signal for Mgic Investment stock for short term is SELL. Signal strength is Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Mgic Investment in short term but SELL signal is weak.
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 23.31 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 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 Mgic Investment ( (MTG) ) based on a short 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 short 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 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 Mgic Investment ( (MTG) ) based on a mid to longer 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.
ADX buy sell signal for Mgic Investment stock for short term is SELL. Signal strength is Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Mgic Investment in short term but SELL signal is weak.
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 23.31 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 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.