(MGIC) Magic Software ForceIndex charts technical analysis
(MGIC) Magic Software ForceIndex charts technical analysis ForceIndex analysis of Magic Software | Buy/Sell Magic Software
Magic Software trades in USA in Technology sector.
10 day averaged volume of Magic Software is 35810
| Date | Closing Price | Open | High | Low | Volume |
| 03 Wed Sep 2025 | 19.48 | 19.33 | 19.48 | 19.11 | 0.074 Mn |
| 02 Tue Sep 2025 | 19.30 | 19.56 | 19.62 | 19.10 | 0.068 Mn |
| 29 Fri Aug 2025 | 20.30 | 20.35 | 20.85 | 20.19 | 0.025 Mn |
| 29 Fri Aug 2025 | 20.30 | 20.35 | 20.85 | 20.19 | 0.025 Mn |
| 28 Thu Aug 2025 | 20.48 | 20.28 | 20.68 | 20.28 | 0.028 Mn |
| 27 Wed Aug 2025 | 20.32 | 20.53 | 20.53 | 20.27 | 0.032 Mn |
| 26 Tue Aug 2025 | 20.51 | 20.38 | 20.91 | 20.36 | 0.046 Mn |
| 25 Mon Aug 2025 | 20.47 | 20.59 | 20.87 | 20.37 | 0.039 Mn |
| 22 Fri Aug 2025 | 20.39 | 19.79 | 20.55 | 19.79 | 0.029 Mn |
| 21 Thu Aug 2025 | 19.85 | 19.75 | 19.96 | 19.64 | 0.016 Mn |
Indicators analysis of Magic Software (MGIC)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
Price action analysis of Magic Software ( (MGIC) ) based on a short 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 Magic Software ( (MGIC) ) 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 Magic Software ( (MGIC) ) 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 Magic Software ( (MGIC) ) 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 Magic Software stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Magic Software in short term but the sell signal is initial and weak.
Magic Software Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Magic Software in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Magic Software is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.01 and Magic Software (MGIC) 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 Magic Software (MGIC) stock. Volume based technical analysis of Magic Software (MGIC) stock is negative.
Magic Software 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.