(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 37220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Thu Aug 2025 | 20.48 | 20.28 | 20.68 | 20.28 | 0.742 times |
| 27 Wed Aug 2025 | 20.32 | 20.53 | 20.53 | 20.27 | 0.865 times |
| 26 Tue Aug 2025 | 20.51 | 20.38 | 20.91 | 20.36 | 1.241 times |
| 25 Mon Aug 2025 | 20.47 | 20.59 | 20.87 | 20.37 | 1.059 times |
| 22 Fri Aug 2025 | 20.39 | 19.79 | 20.55 | 19.79 | 0.766 times |
| 21 Thu Aug 2025 | 19.85 | 19.75 | 19.96 | 19.64 | 0.441 times |
| 20 Wed Aug 2025 | 19.75 | 20.17 | 20.17 | 19.58 | 1.351 times |
| 19 Tue Aug 2025 | 20.28 | 20.30 | 20.56 | 20.20 | 0.814 times |
| 18 Mon Aug 2025 | 20.17 | 20.41 | 20.42 | 19.93 | 1.072 times |
| 15 Fri Aug 2025 | 20.36 | 19.94 | 20.37 | 19.94 | 0.5 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 20.6 as stoploss in an intra day sell trade for a target of 20.15. However, stock will show a bullish move above 20.6.
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 11.98 |
| Downside Target | 13.64 |
| Downside Target | 14.03 |
| Downside Target | 15.02 |
| Downside Target | 16.50 |
| Downside Target | 18.57 |
| Downside Target | 19.20 |
| Downside Target | 20.27 |
| Upside Target | 20.62 |
| Upside Target | 20.85 |
| Upside Target | 20.91 |
| Upside Target | 21.01 |
| Upside Target | 21.41 |
| Upside Target | 22.00 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 20.2 |
| Downside Intraday Target | 19.91 |
| Upside Intraday Target | 20.84 |
| Upside Intraday Target | 21.19 |
| Upside Intraday Target | 20.55 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Thu Aug 2025 | 20.48 | 20.59 | 20.91 | 20.27 | 0.879 times |
| 22 Fri Aug 2025 | 20.39 | 20.41 | 20.56 | 19.58 | 0.546 times |
| 15 Fri Aug 2025 | 20.36 | 19.74 | 20.85 | 18.57 | 1.325 times |
| 08 Fri Aug 2025 | 19.96 | 20.35 | 20.62 | 19.70 | 1.042 times |
| 01 Fri Aug 2025 | 20.60 | 21.41 | 21.41 | 20.37 | 1.067 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 |
| 28 Thu Aug 2025 | 20.48 | 20.37 | 21.01 | 18.57 | 0.542 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 |
| 30 Fri May 2025 | 15.83 | 13.90 | 16.50 | 13.64 | 1.276 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 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 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 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 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.
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. 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 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 and selling is picking up 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 20.25 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 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 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 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 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 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.
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. 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 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 and selling is picking up 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 20.25 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.