(MGIC) Magic Software MACD charts technical analysis
(MGIC) Magic Software MACD charts technical analysis MACD analysis of Magic Software | Buy/Sell Magic Software
Magic Software trades in USA in Technology sector.
10 day averaged volume of Magic Software is 62540
| Date | Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 11.45 | 11.61 | 11.62 | 11.32 | 0.059 Mn |
| 17 Wed Apr 2024 | 11.62 | 11.61 | 11.71 | 11.39 | 0.078 Mn |
| 16 Tue Apr 2024 | 11.66 | 11.84 | 11.91 | 11.48 | 0.105 Mn |
| 15 Mon Apr 2024 | 11.83 | 11.91 | 11.94 | 11.71 | 0.055 Mn |
| 12 Fri Apr 2024 | 11.74 | 11.73 | 11.75 | 11.52 | 0.059 Mn |
| 11 Thu Apr 2024 | 11.73 | 11.90 | 11.90 | 11.68 | 0.041 Mn |
| 10 Wed Apr 2024 | 11.89 | 12.03 | 12.06 | 11.80 | 0.029 Mn |
| 09 Tue Apr 2024 | 12.24 | 12.27 | 12.27 | 12.04 | 0.156 Mn |
| 08 Mon Apr 2024 | 11.56 | 11.60 | 11.66 | 11.54 | 0.035 Mn |
| 05 Fri Apr 2024 | 11.33 | 11.44 | 11.46 | 11.33 | 0.034 Mn |
Indicators analysis of Magic Software (MGIC)
MACD generated a SELL signal for Magic Software in short term but the sell signal is initial and weak.
MACD charts
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Magic Software stock for short term is SELL. Signal strength is Weak 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 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 Magic Software in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 11.79 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.