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(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 2024-09-13 View latest technical analysis

10 day averaged volume of Mgic Investment is 1296770

Date Daily Closing Price Open High Low Volume
13 Fri Sep 2024 25.25 24.85 25.30 24.77 1.134 times
12 Thu Sep 2024 24.61 24.37 24.77 24.37 0.885 times
11 Wed Sep 2024 24.38 24.81 24.86 24.06 1.564 times
10 Tue Sep 2024 25.07 24.92 25.11 24.71 1.19 times
09 Mon Sep 2024 24.85 24.99 25.07 24.60 1.109 times
06 Fri Sep 2024 24.91 25.18 25.44 24.85 0.906 times
05 Thu Sep 2024 25.08 25.70 25.70 25.00 0.81 times
04 Wed Sep 2024 25.52 24.94 25.56 24.94 0.82 times
03 Tue Sep 2024 25.02 25.33 25.62 24.96 0.952 times
30 Fri Aug 2024 25.43 25.20 25.46 25.12 0.882 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 25.3 as stoploss in an intra day sell trade for a target of 24.86. However, stock will show a bullish move above 25.3.

Share price targets for Mgic Investment (MTG)

Target Type Value
Downside Target 20.02
Downside Target 21.20
Downside Target 21.88
Downside Target 22.88
Downside Target 23.86
Downside Target 24.71
Upside Target 25.30
Upside Target 25.35
Upside Target 25.46
Upside Target 25.70
Upside Target 25.93

Intraday share price targets for Mgic Investment (MTG)

Target Type Value
Downside Intraday Target 24.44
Downside Intraday Target 23.63
Upside Intraday Target 25.68
Upside Intraday Target 26.11
Downside Intraday Target 24.87

Weekly technical analysis of Mgic Investment (MTG)

Date Weekly Closing Price Open High Low Volume
13 Fri Sep 2024 25.25 24.99 25.30 24.06 1.686 times
06 Fri Sep 2024 24.91 25.33 25.70 24.85 3.954 times
30 Fri Aug 2024 25.43 25.20 25.46 25.12 0.21 times
30 Fri Aug 2024 25.43 25.03 25.46 24.71 0.899 times
23 Fri Aug 2024 24.82 24.01 24.84 23.86 0.682 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 Mgic Investment (MTG)

Date Monthly Closing Price Open High Low Volume
13 Fri Sep 2024 25.25 25.33 25.70 24.06 0.352 times
30 Fri Aug 2024 25.43 25.60 25.93 22.88 0.958 times
31 Wed Jul 2024 24.84 21.73 25.35 21.20 1.057 times
28 Fri Jun 2024 21.55 21.44 21.88 20.35 0.965 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mgic Investment 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.

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 weakening, and bulls 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 Mgic Investment in short term and BUY 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 24.97 and Mgic Investment (MTG) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

Price action analysis of Mgic Investment ( (MTG) ) 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mgic Investment 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.

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 weakening, and bulls 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 Mgic Investment in short term and BUY 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 24.97 and Mgic Investment (MTG) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

Daily charts

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Daily chart
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