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(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 51480

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Jul 2025	21.06	21.41	21.41	20.96	0.824 times
25 Fri Jul 2025	21.41	21.54	21.54	21.27	0.493 times
24 Thu Jul 2025	21.46	21.68	21.68	21.33	0.486 times
23 Wed Jul 2025	21.68	21.63	21.75	21.44	0.73 times
22 Tue Jul 2025	21.44	21.40	21.79	21.21	1.436 times
21 Mon Jul 2025	21.34	21.24	21.45	21.14	0.847 times
18 Fri Jul 2025	21.13	21.23	21.37	21.03	0.587 times
17 Thu Jul 2025	21.00	20.96	21.10	20.72	0.709 times
16 Wed Jul 2025	20.81	20.83	20.92	20.52	0.845 times
15 Tue Jul 2025	20.84	20.91	21.05	20.74	1.241 times

My analysis of stock is bullish for shortterm, and stock might move up till 21.6 or till 22.4. Use a stoploss of 20.94 and if this stock hits its stoploss, then it can fall down till 20.29

Share price targets for Magic Software (MGIC)

Target Type	Value
Downside Target	11.65
Downside Target	11.98
Downside Target	13.64
Downside Target	14.03
Downside Target	15.02
Downside Target	16.50
Downside Target	18.89
Downside Target	20.17
Upside Target	21.14
Upside Target	21.37
Upside Target	21.41
Upside Target	21.79
Upside Target	22.00

Intraday share price targets for Magic Software (MGIC)

Target Type	Value
Downside Intraday Target	20.88
Downside Intraday Target	20.69
Upside Intraday Target	21.33
Upside Intraday Target	21.59
Upside Intraday Target	21.14

Weekly technical analysis of Magic Software (MGIC)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Jul 2025	21.06	21.41	21.41	20.96	0.206 times
25 Fri Jul 2025	21.41	21.24	21.79	21.14	0.664 times
18 Fri Jul 2025	21.13	20.80	21.37	20.50	0.476 times
11 Fri Jul 2025	21.47	20.82	22.00	20.17	1.45 times
03 Thu Jul 2025	20.70	18.93	20.83	18.89	1.334 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 Magic Software (MGIC)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Mon Jul 2025	21.06	19.31	22.00	19.20	1.449 times
30 Mon Jun 2025	19.12	15.60	19.38	15.02	0.848 times
30 Fri May 2025	15.83	13.90	16.50	13.64	1.276 times
30 Wed Apr 2025	13.84	13.10	14.03	11.98	0.38 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 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 Magic Software ( (MGIC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Magic Software ( (MGIC) ) based on a short to mid 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.

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 Strong and stock is losing momentum.

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

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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

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 21.2 and Magic Software (MGIC) stock is trading below this level. This means that stock is falling with high volumes. 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.