(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 44040
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Nov 2025 | 22.22 | 21.84 | 22.24 | 21.48 | 0.865 times |
| 20 Thu Nov 2025 | 21.85 | 22.97 | 23.06 | 21.76 | 0.815 times |
| 19 Wed Nov 2025 | 22.64 | 22.93 | 23.28 | 22.38 | 1.285 times |
| 18 Tue Nov 2025 | 23.06 | 24.35 | 24.35 | 22.73 | 0.865 times |
| 17 Mon Nov 2025 | 24.12 | 24.28 | 24.90 | 23.80 | 0.888 times |
| 14 Fri Nov 2025 | 23.99 | 23.83 | 24.55 | 23.80 | 0.906 times |
| 13 Thu Nov 2025 | 23.90 | 24.61 | 24.94 | 23.51 | 1.362 times |
| 12 Wed Nov 2025 | 24.17 | 24.22 | 24.47 | 23.92 | 1.31 times |
| 11 Tue Nov 2025 | 22.36 | 22.40 | 22.46 | 21.81 | 1.015 times |
| 10 Mon Nov 2025 | 22.36 | 22.00 | 22.66 | 22.00 | 0.917 times |
My analysis of stock is bullish for shortterm, and stock might move up till 23.3 or till 24.8. Use a stoploss of 22.05 and if this stock hits its stoploss, then it can fall down till 20.82
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 | 21.48 |
| Downside Target | 21.81 |
| Downside Target | 21.98 |
| Downside 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 | 20.83 |
| Downside Intraday Target | 19.45 |
| Upside Intraday Target | 24.25 |
| Upside Intraday Target | 26.29 |
| Upside Intraday Target | 22.87 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Nov 2025 | 22.22 | 24.28 | 24.90 | 21.48 | 0.856 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 |
| 21 Fri Nov 2025 | 22.22 | 21.43 | 24.94 | 20.94 | 0.982 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Magic Software ( (MGIC) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Magic Software stock for short term is SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Magic Software ( (MGIC) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Magic Software stock for short term is SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 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 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.