(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 2024-09-16 View latest technical analysis
10 day averaged volume of Mgic Investment is 1329460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 25.55 | 25.38 | 25.60 | 25.21 | 0.871 times |
| 13 Fri Sep 2024 | 25.25 | 24.85 | 25.30 | 24.77 | 1.106 times |
| 12 Thu Sep 2024 | 24.61 | 24.37 | 24.77 | 24.37 | 0.863 times |
| 11 Wed Sep 2024 | 24.38 | 24.81 | 24.86 | 24.06 | 1.526 times |
| 10 Tue Sep 2024 | 25.07 | 24.92 | 25.11 | 24.71 | 1.161 times |
| 09 Mon Sep 2024 | 24.85 | 24.99 | 25.07 | 24.60 | 1.082 times |
| 06 Fri Sep 2024 | 24.91 | 25.18 | 25.44 | 24.85 | 0.884 times |
| 05 Thu Sep 2024 | 25.08 | 25.70 | 25.70 | 25.00 | 0.79 times |
| 04 Wed Sep 2024 | 25.52 | 24.94 | 25.56 | 24.94 | 0.8 times |
| 03 Tue Sep 2024 | 25.02 | 25.33 | 25.62 | 24.96 | 0.929 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 25.4, but if it comes below 25.4, then a intra day sell could be more profitable.
If you take a sell trade below 25.4, then use 25.4 as stoploss and 24.92 as target. However if you take a buy trade in stock , then use 25.4 as stoploss and 25.9 as target.
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 | 24.06 |
| Downside Target | 24.71 |
| Downside Target | 25.35 |
| Downside Target | 25.46 |
| Upside Target | 25.60 |
| Upside Target | 25.70 |
| Upside Target | 25.93 |
Intraday share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Intraday Target | 25.31 |
| Downside Intraday Target | 25.06 |
| Upside Intraday Target | 25.7 |
| Upside Intraday Target | 25.84 |
| Downside Intraday Target | 25.45 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 25.55 | 25.38 | 25.60 | 25.21 | 0.152 times |
| 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 |
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 Mgic Investment (MTG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 25.55 | 25.33 | 25.70 | 24.06 | 0.385 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 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 Mgic Investment (MTG)
Price action analysis of Mgic Investment ( (MTG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. 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.
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. Bulls are getting stronger in this stock.
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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mgic Investment is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.98 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 rising upwards.
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 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.
Price action analysis of Mgic Investment ( (MTG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. 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.
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. Bulls are getting stronger in this stock.
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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mgic Investment is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.98 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 rising upwards.
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 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.