Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MTG) Mgic Investment complete technical analysis [charts+indicators] | Buy/Sell Mgic Investment | (MTG) share price targets

Complete technical analysis of Mgic Investment (MTG) by charts plus indicators, forecast predictions and share price targets for Mgic Investment (MTG)

Mgic Investment trades in USA in Finance sector.

Showing technical analysis as on 2026-01-07 View latest technical analysis

10 day averaged volume of Mgic Investment is 1480550

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Jan 2026	28.74	29.09	29.19	28.67	1.077 times
06 Tue Jan 2026	28.98	29.37	29.55	28.67	1.339 times
05 Mon Jan 2026	29.56	28.95	29.79	28.95	1.24 times
02 Fri Jan 2026	29.15	29.14	29.30	28.82	0.897 times
31 Wed Dec 2025	29.22	29.58	29.70	29.17	1.056 times
29 Mon Dec 2025	29.70	29.83	29.89	29.48	0.988 times
29 Mon Dec 2025	29.70	29.83	29.89	29.48	0.988 times
26 Fri Dec 2025	29.79	29.71	29.82	29.60	0.641 times
24 Wed Dec 2025	29.72	29.66	29.91	29.66	0.375 times
23 Tue Dec 2025	29.68	29.71	29.81	29.55	1.166 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.8, but if it comes above 28.8, then a intra day buy could be more profitable.
If you take a sell trade below 28.8, then use 28.8 as stoploss and 28.2 as target. However if you take a buy trade in stock , then use 28.8 as stoploss and 29.29 as target.

Share price targets for Mgic Investment (MTG)

Target Type	Value
Downside Target	26.19
Downside Target	27.19
Downside Target	28.38
Upside Target	29.55
Upside Target	29.79
Upside Target	29.89
Upside Target	29.91
Upside Target	29.97

Intraday share price targets for Mgic Investment (MTG)

Target Type	Value
Downside Intraday Target	28.34
Downside Intraday Target	27.95
Upside Intraday Target	29.46
Upside Intraday Target	30.19
Upside Intraday Target	29.07

Weekly technical analysis of Mgic Investment (MTG)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Jan 2026	28.74	28.95	29.79	28.67	1.243 times
02 Fri Jan 2026	29.15	29.83	29.89	28.82	2.977 times
29 Mon Dec 2025	29.70	29.83	29.89	29.48	0.283 times
26 Fri Dec 2025	29.79	29.59	29.91	29.55	0.407 times
19 Fri Dec 2025	29.63	29.05	29.97	28.78	1.409 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 Mgic Investment (MTG)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Wed Jan 2026	28.74	29.14	29.79	28.67	0.176 times
31 Wed Dec 2025	29.22	28.24	29.97	27.58	1.551 times
28 Fri Nov 2025	28.35	27.70	28.68	27.19	0.627 times
31 Fri Oct 2025	27.42	28.28	28.38	26.19	0.831 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 Mgic Investment (MTG)

Price action analysis of Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mgic Investment ( (MTG) ) 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 Mgic Investment stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mgic Investment in short term but the sell signal is initial and weak.

Mgic Investment 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 Mgic Investment in short term and SELL 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

Stock of Mgic Investment is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 29.38 and Mgic Investment (MTG) 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 Mgic Investment (MTG) stock. Volume based technical analysis of Mgic Investment (MTG) stock is negative.

Mgic Investment 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.