(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 2025-03-04 View latest technical analysis
10 day averaged volume of Mgic Investment is 1861990
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Mar 2025 | 23.62 | 24.36 | 24.39 | 23.61 | 0.823 times |
| 03 Mon Mar 2025 | 24.57 | 24.55 | 24.98 | 24.37 | 0.741 times |
| 28 Fri Feb 2025 | 24.61 | 24.41 | 24.61 | 24.26 | 1.37 times |
| 27 Thu Feb 2025 | 24.27 | 24.12 | 24.55 | 24.08 | 0.806 times |
| 26 Wed Feb 2025 | 24.11 | 23.93 | 24.23 | 23.93 | 1.09 times |
| 25 Tue Feb 2025 | 24.09 | 24.06 | 24.31 | 23.81 | 1.059 times |
| 24 Mon Feb 2025 | 23.88 | 24.12 | 24.21 | 23.87 | 1.151 times |
| 21 Fri Feb 2025 | 23.97 | 24.62 | 24.74 | 23.94 | 0.989 times |
| 20 Thu Feb 2025 | 24.42 | 24.51 | 24.63 | 24.39 | 0.706 times |
| 19 Wed Feb 2025 | 24.55 | 24.49 | 24.92 | 24.47 | 1.021 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 23.4, for a target of 24 or 24.59
Share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Target | 22.71 |
| Upside Target | 24.61 |
| Upside Target | 24.92 |
| Upside Target | 24.98 |
| Upside Target | 25.30 |
| Upside Target | 25.79 |
| Upside Target | 25.88 |
| Upside Target | 26.07 |
| Upside Target | 26.56 |
Intraday share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Intraday Target | 23.16 |
| Downside Intraday Target | 22.7 |
| Upside Intraday Target | 24.53 |
| Upside Intraday Target | 25.44 |
| Upside Intraday Target | 24.07 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Mar 2025 | 23.62 | 24.55 | 24.98 | 23.61 | 0.286 times |
| 28 Fri Feb 2025 | 24.61 | 24.12 | 24.61 | 23.81 | 1.447 times |
| 21 Fri Feb 2025 | 23.97 | 24.63 | 24.92 | 23.94 | 0.855 times |
| 14 Fri Feb 2025 | 24.69 | 25.29 | 25.30 | 24.02 | 0.776 times |
| 07 Fri Feb 2025 | 25.26 | 24.85 | 26.07 | 24.82 | 1.546 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 Mgic Investment (MTG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Tue Mar 2025 | 23.62 | 24.55 | 24.98 | 23.61 | 0.081 times |
| 28 Fri Feb 2025 | 24.61 | 24.85 | 26.07 | 23.81 | 1.037 times |
| 31 Fri Jan 2025 | 25.54 | 23.76 | 25.88 | 22.71 | 1.285 times |
| 31 Tue Dec 2024 | 23.71 | 25.63 | 25.79 | 22.98 | 0.797 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 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 Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) based on a short to mid 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 mid to longer 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.
ADX buy sell signal for Mgic Investment stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mgic Investment in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mgic Investment in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 24.21 and Mgic Investment (MTG) stock is trading below this level. This means that stock is falling with high volumes. 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 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 Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) based on a short to mid 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 mid to longer 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.
ADX buy sell signal for Mgic Investment stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mgic Investment in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mgic Investment in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 24.21 and Mgic Investment (MTG) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.