(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 21610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Nov 2025 | 21.04 | 21.43 | 21.46 | 20.94 | 1.583 times |
| 31 Fri Oct 2025 | 20.68 | 20.55 | 20.99 | 20.43 | 0.352 times |
| 31 Fri Oct 2025 | 20.68 | 20.55 | 20.99 | 20.43 | 0.352 times |
| 30 Thu Oct 2025 | 20.46 | 20.80 | 20.90 | 20.43 | 1.758 times |
| 29 Wed Oct 2025 | 20.81 | 21.00 | 21.09 | 20.64 | 1.06 times |
| 28 Tue Oct 2025 | 20.63 | 20.89 | 20.91 | 20.52 | 0.782 times |
| 27 Mon Oct 2025 | 20.88 | 20.71 | 20.98 | 20.61 | 1.393 times |
| 24 Fri Oct 2025 | 20.24 | 20.18 | 20.52 | 20.18 | 0.759 times |
| 23 Thu Oct 2025 | 20.19 | 20.03 | 20.48 | 20.03 | 0.805 times |
| 22 Wed Oct 2025 | 19.69 | 19.69 | 19.87 | 19.38 | 1.101 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21, but if it comes below 21, then a intra day sell could be more profitable.
If you take a sell trade below 21, then use 21 as stoploss and 20.57 as target. However if you take a buy trade in stock , then use 21 as stoploss and 21.4 as target.
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 18.57 |
| Downside Target | 19.20 |
| Downside Target | 20.03 |
| Downside Target | 20.43 |
| Downside Target | 20.99 |
| Downside Target | 21.01 |
| Upside Target | 21.09 |
| Upside Target | 21.24 |
| Upside Target | 21.46 |
| Upside Target | 21.47 |
| Upside Target | 22.00 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 20.83 |
| Downside Intraday Target | 20.63 |
| Upside Intraday Target | 21.35 |
| Upside Intraday Target | 21.67 |
| Upside Intraday Target | 21.15 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Nov 2025 | 21.04 | 21.43 | 21.46 | 20.94 | 4.5 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 |
| 24 Fri Oct 2025 | 20.24 | 20.45 | 20.52 | 19.38 | 1.116 times |
| 17 Fri Oct 2025 | 20.62 | 21.17 | 21.24 | 20.03 | 0.813 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 Magic Software (MGIC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Tue Nov 2025 | 21.04 | 21.43 | 21.46 | 20.94 | 0.057 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Magic Software in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magic Software 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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Magic Software is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.55 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Magic Software in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magic Software 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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Magic Software is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.55 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 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 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.