(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.
Showing technical analysis as on 2025-09-05 View latest technical analysis
10 day averaged volume of Magic Software is 40730
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Sep 2025 | 19.64 | 19.70 | 19.96 | 18.72 | 1.215 times |
| 04 Thu Sep 2025 | 19.57 | 19.52 | 19.63 | 19.33 | 1.034 times |
| 03 Wed Sep 2025 | 19.48 | 19.33 | 19.48 | 19.11 | 1.812 times |
| 02 Tue Sep 2025 | 19.30 | 19.56 | 19.62 | 19.10 | 1.662 times |
| 29 Fri Aug 2025 | 20.30 | 20.35 | 20.85 | 20.19 | 0.611 times |
| 29 Fri Aug 2025 | 20.30 | 20.35 | 20.85 | 20.19 | 0.611 times |
| 28 Thu Aug 2025 | 20.48 | 20.28 | 20.68 | 20.28 | 0.678 times |
| 27 Wed Aug 2025 | 20.32 | 20.53 | 20.53 | 20.27 | 0.791 times |
| 26 Tue Aug 2025 | 20.51 | 20.38 | 20.91 | 20.36 | 1.134 times |
| 25 Mon Aug 2025 | 20.47 | 20.59 | 20.87 | 20.37 | 0.967 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 19.5 as stoploss in an intra day buy trade for a target of 20. However, stock will show a bearish move below 19.5.
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 13.64 |
| Downside Target | 15.02 |
| Downside Target | 16.50 |
| Downside Target | 18.57 |
| Downside Target | 19.20 |
| Upside Target | 20.19 |
| Upside Target | 20.56 |
| Upside Target | 20.85 |
| Upside Target | 20.91 |
| Upside Target | 21.01 |
| Upside Target | 22.00 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 18.92 |
| Downside Intraday Target | 18.2 |
| Upside Intraday Target | 20.16 |
| Upside Intraday Target | 20.68 |
| Downside Intraday Target | 19.44 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Sep 2025 | 19.64 | 19.56 | 19.96 | 18.72 | 9.361 times |
| 29 Fri Aug 2025 | 20.30 | 20.35 | 20.85 | 20.19 | 0.146 times |
| 29 Fri Aug 2025 | 20.30 | 20.59 | 20.91 | 20.19 | 1.03 times |
| 22 Fri Aug 2025 | 20.39 | 20.41 | 20.56 | 19.58 | 0.546 times |
| 15 Fri Aug 2025 | 20.36 | 19.74 | 20.85 | 18.57 | 1.325 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Magic Software (MGIC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Fri Sep 2025 | 19.64 | 19.56 | 19.96 | 18.72 | 0.245 times |
| 29 Fri Aug 2025 | 20.30 | 20.37 | 21.01 | 18.57 | 0.572 times |
| 31 Thu Jul 2025 | 20.71 | 19.31 | 22.00 | 19.20 | 1.559 times |
| 30 Mon Jun 2025 | 19.12 | 15.60 | 19.38 | 15.02 | 0.848 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 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 19.9 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 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 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 19.9 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 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.