(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 2025-09-08 View latest technical analysis
10 day averaged volume of Magic Software is 42830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Sep 2025 | 20.11 | 20.16 | 20.85 | 19.75 | 0.953 times |
| 05 Fri Sep 2025 | 19.64 | 19.70 | 19.96 | 18.72 | 1.156 times |
| 04 Thu Sep 2025 | 19.57 | 19.52 | 19.63 | 19.33 | 0.983 times |
| 03 Wed Sep 2025 | 19.48 | 19.33 | 19.48 | 19.11 | 1.723 times |
| 02 Tue Sep 2025 | 19.30 | 19.56 | 19.62 | 19.10 | 1.581 times |
| 29 Fri Aug 2025 | 20.30 | 20.35 | 20.85 | 20.19 | 0.581 times |
| 29 Fri Aug 2025 | 20.30 | 20.35 | 20.85 | 20.19 | 0.581 times |
| 28 Thu Aug 2025 | 20.48 | 20.28 | 20.68 | 20.28 | 0.644 times |
| 27 Wed Aug 2025 | 20.32 | 20.53 | 20.53 | 20.27 | 0.752 times |
| 26 Tue Aug 2025 | 20.51 | 20.38 | 20.91 | 20.36 | 1.079 times |
My analysis of stock is bullish for shortterm, and stock might move up till 20.5 or till 21. Use a stoploss of 20.03 and if this stock hits its stoploss, then it can fall down till 19.57
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 | 20.56 |
| 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 | 19.62 |
| Downside Intraday Target | 19.14 |
| Upside Intraday Target | 20.72 |
| Upside Intraday Target | 21.34 |
| Upside Intraday Target | 20.24 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Sep 2025 | 20.11 | 20.16 | 20.85 | 19.75 | 0.175 times |
| 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 |
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 Magic Software (MGIC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Mon Sep 2025 | 20.11 | 19.56 | 20.85 | 18.72 | 0.288 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Magic Software ( (MGIC) ) 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 Magic Software ( (MGIC) ) based on a short to mid 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
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 Magic Software in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 19.87 and Magic Software (MGIC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Magic Software ( (MGIC) ) 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 Magic Software ( (MGIC) ) based on a short to mid 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
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 Magic Software in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 19.87 and Magic Software (MGIC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.