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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 2024-09-17 View latest technical analysis

10 day averaged volume of Mgic Investment is 1330800

Date Daily Closing Price Open High Low Volume
17 Tue Sep 2024 25.30 25.67 25.74 25.27 0.998 times
16 Mon Sep 2024 25.55 25.38 25.60 25.21 0.87 times
13 Fri Sep 2024 25.25 24.85 25.30 24.77 1.105 times
12 Thu Sep 2024 24.61 24.37 24.77 24.37 0.862 times
11 Wed Sep 2024 24.38 24.81 24.86 24.06 1.524 times
10 Tue Sep 2024 25.07 24.92 25.11 24.71 1.16 times
09 Mon Sep 2024 24.85 24.99 25.07 24.60 1.081 times
06 Fri Sep 2024 24.91 25.18 25.44 24.85 0.883 times
05 Thu Sep 2024 25.08 25.70 25.70 25.00 0.789 times
04 Wed Sep 2024 25.52 24.94 25.56 24.94 0.799 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 25.4 as stoploss in an intra day sell trade for a target of 24.99. However, stock will show a bullish move above 25.4.

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
Upside Target 25.35
Upside Target 25.46
Upside Target 25.70
Upside Target 25.74
Upside Target 25.93

Intraday share price targets for Mgic Investment (MTG)

Target Type Value
Downside Intraday Target 25.09
Downside Intraday Target 24.89
Upside Intraday Target 25.62
Upside Intraday Target 25.95
Upside Intraday Target 25.42

Weekly technical analysis of Mgic Investment (MTG)

Date Weekly Closing Price Open High Low Volume
17 Tue Sep 2024 25.30 25.38 25.74 25.21 0.326 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
17 Tue Sep 2024 25.30 25.33 25.74 24.06 0.424 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 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 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 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 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 Strong and stock is gaining momentum.

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

Mgic Investment Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Mgic Investment in short term but SELL signal is weak.

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 25.01 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 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 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 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 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 Strong and stock is gaining momentum.

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

Mgic Investment Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Mgic Investment in short term but SELL signal is weak.

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 25.01 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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