Mobile app version of saymnc.com
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

(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 45470

Date Daily Closing Price Open High Low Volume
20 Thu Nov 2025 21.85 22.97 23.06 21.76 0.79 times
19 Wed Nov 2025 22.64 22.93 23.28 22.38 1.245 times
18 Tue Nov 2025 23.06 24.35 24.35 22.73 0.838 times
17 Mon Nov 2025 24.12 24.28 24.90 23.80 0.86 times
14 Fri Nov 2025 23.99 23.83 24.55 23.80 0.878 times
13 Thu Nov 2025 23.90 24.61 24.94 23.51 1.32 times
12 Wed Nov 2025 24.17 24.22 24.47 23.92 1.269 times
11 Tue Nov 2025 22.36 22.40 22.46 21.81 0.983 times
10 Mon Nov 2025 22.36 22.00 22.66 22.00 0.888 times
07 Fri Nov 2025 21.95 21.77 21.98 21.30 0.616 times

My analysis of stock is bearish for shortterm, and stock might move down till 20.7 or till 19.1. Use a stoploss of 21.95 and if the stock hits stoploss, then it can shoot up till 23.24

Share price targets for Magic Software (MGIC)

Target Type Value
Downside Target 18.57
Downside Target 19.20
Downside Target 20.43
Downside Target 20.85
Downside Target 21.47
Downside Target 21.76
Downside Target 21.81
Upside Target 21.98
Upside Target 22.00
Upside Target 24.90
Upside Target 24.94

Intraday share price targets for Magic Software (MGIC)

Target Type Value
Downside Intraday Target 20.77
Downside Intraday Target 19.7
Upside Intraday Target 23.91
Upside Intraday Target 25.98
Upside Intraday Target 22.84

Weekly technical analysis of Magic Software (MGIC)

Date Weekly Closing Price Open High Low Volume
20 Thu Nov 2025 21.85 24.28 24.90 21.76 0.699 times
14 Fri Nov 2025 23.99 22.00 24.94 21.81 1.798 times
07 Fri Nov 2025 21.95 21.43 21.98 20.94 17.763 times
31 Fri Oct 2025 20.68 20.55 20.99 20.43 0.066 times
31 Fri Oct 2025 20.68 20.71 21.09 20.43 0.91 times

Price has moved down 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 Magic Software (MGIC)

Date Monthly Closing Price Open High Low Volume
20 Thu Nov 2025 21.85 21.43 24.94 20.94 0.918 times
31 Fri Oct 2025 20.68 20.40 21.47 19.38 0.649 times
30 Tue Sep 2025 20.41 19.56 20.85 18.72 0.966 times
29 Fri Aug 2025 20.30 20.37 21.01 18.57 0.572 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 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 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 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 Magic Software ( (MGIC) ) 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 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below 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 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 23.14 and Magic Software (MGIC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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 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 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 Magic Software ( (MGIC) ) 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 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below 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 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 23.14 and Magic Software (MGIC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.

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