(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 2025-04-09 View latest technical analysis
10 day averaged volume of Mgic Investment is 2387890
Date | Daily Closing Price | Open | High | Low | Volume |
09 Wed Apr 2025 | 23.89 | 22.32 | 24.01 | 21.94 | 1.105 times |
08 Tue Apr 2025 | 22.43 | 23.36 | 23.46 | 22.12 | 0.973 times |
07 Mon Apr 2025 | 22.52 | 22.39 | 23.82 | 22.15 | 1.104 times |
04 Fri Apr 2025 | 23.14 | 23.52 | 23.60 | 22.78 | 1.327 times |
03 Thu Apr 2025 | 24.32 | 24.78 | 25.19 | 24.10 | 0.944 times |
02 Wed Apr 2025 | 25.55 | 24.95 | 25.57 | 24.95 | 0.946 times |
01 Tue Apr 2025 | 25.17 | 24.76 | 25.26 | 24.74 | 0.861 times |
31 Mon Mar 2025 | 24.78 | 24.26 | 24.93 | 24.19 | 1.185 times |
28 Fri Mar 2025 | 24.40 | 24.88 | 24.98 | 24.36 | 0.72 times |
26 Wed Mar 2025 | 24.74 | 24.47 | 24.88 | 24.37 | 0.839 times |
My analysis of stock is bullish for shortterm, and stock might move up till 24.6 or till 25.7. Use a stoploss of 23.65 and if this stock hits its stoploss, then it can fall down till 22.74
Share price targets for Mgic Investment (MTG)
Target Type | Value |
Downside Target | 21.94 |
Downside Target | 23.56 |
Downside Target | 23.88 |
Upside Target | 24.01 |
Upside Target | 24.98 |
Upside Target | 25.57 |
Upside Target | 25.79 |
Upside Target | 25.88 |
Upside Target | 26.07 |
Intraday share price targets for Mgic Investment (MTG)
Target Type | Value |
Downside Intraday Target | 22.55 |
Downside Intraday Target | 21.21 |
Upside Intraday Target | 24.62 |
Upside Intraday Target | 25.35 |
Downside Intraday Target | 23.28 |
Weekly technical analysis of Mgic Investment (MTG)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Wed Apr 2025 | 23.89 | 22.39 | 24.01 | 21.94 | 0.604 times |
04 Fri Apr 2025 | 23.14 | 24.26 | 25.57 | 22.78 | 1.979 times |
28 Fri Mar 2025 | 24.40 | 23.76 | 24.98 | 23.56 | 0.171 times |
21 Fri Mar 2025 | 23.55 | 22.86 | 23.85 | 22.30 | 3.056 times |
14 Fri Mar 2025 | 23.10 | 23.68 | 23.88 | 22.47 | 1.434 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 |
09 Wed Apr 2025 | 23.89 | 24.76 | 25.57 | 21.94 | 0.259 times |
31 Mon Mar 2025 | 24.78 | 24.55 | 24.98 | 22.30 | 1.853 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 |
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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mgic Investment stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mgic Investment in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgic Investment Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mgic Investment in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 24.02 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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mgic Investment stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mgic Investment in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgic Investment Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mgic Investment in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 24.02 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.