(MGIC) Magic Software complete technical analysis [charts+indicators] | Buy/Sell Magic Software | (MGIC) share price targets
Complete technical analysis of Magic Software (MGIC) by charts plus indicators, forecast predictions and share price targets for Magic Software (MGIC)
Magic Software trades in USA in Technology sector.
Showing technical analysis as on 2025-08-05 View latest technical analysis
10 day averaged volume of Magic Software is 42470
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Aug 2025 | 19.97 | 20.35 | 20.50 | 19.85 | 2.249 times |
| 01 Fri Aug 2025 | 20.60 | 20.37 | 21.01 | 20.37 | 1.41 times |
| 31 Thu Jul 2025 | 20.71 | 21.03 | 21.12 | 20.70 | 0.638 times |
| 30 Wed Jul 2025 | 20.79 | 20.71 | 21.07 | 20.52 | 1.093 times |
| 29 Tue Jul 2025 | 20.72 | 20.99 | 21.22 | 20.72 | 1.022 times |
| 28 Mon Jul 2025 | 21.06 | 21.41 | 21.41 | 20.96 | 0.998 times |
| 25 Fri Jul 2025 | 21.41 | 21.54 | 21.54 | 21.27 | 0.598 times |
| 24 Thu Jul 2025 | 21.46 | 21.68 | 21.68 | 21.33 | 0.589 times |
| 23 Wed Jul 2025 | 21.68 | 21.63 | 21.75 | 21.44 | 0.885 times |
| 22 Tue Jul 2025 | 21.44 | 21.40 | 21.79 | 21.21 | 1.74 times |
Stock of Magic Software (MGIC) has showed a significant fall. This could be a good time to exit from this stock.
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 20, for a target of 20.6 or 21.04
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 11.98 |
| Downside Target | 13.64 |
| Downside Target | 14.03 |
| Downside Target | 15.02 |
| Downside Target | 16.50 |
| Downside Target | 19.20 |
| Downside Target | 19.85 |
| Upside Target | 21.01 |
| Upside Target | 21.14 |
| Upside Target | 21.37 |
| Upside Target | 21.41 |
| Upside Target | 21.79 |
| Upside Target | 22.00 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 19.71 |
| Downside Intraday Target | 19.46 |
| Upside Intraday Target | 20.36 |
| Upside Intraday Target | 20.76 |
| Upside Intraday Target | 20.11 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Aug 2025 | 19.97 | 20.35 | 20.50 | 19.85 | 0.436 times |
| 01 Fri Aug 2025 | 20.60 | 21.41 | 21.41 | 20.37 | 1.067 times |
| 25 Fri Jul 2025 | 21.41 | 21.24 | 21.79 | 21.14 | 0.664 times |
| 18 Fri Jul 2025 | 21.13 | 20.80 | 21.37 | 20.50 | 0.476 times |
| 11 Fri Jul 2025 | 21.47 | 20.82 | 22.00 | 20.17 | 1.45 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 Magic Software (MGIC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Tue Aug 2025 | 19.97 | 20.37 | 21.01 | 19.85 | 0.093 times |
| 31 Thu Jul 2025 | 20.71 | 19.31 | 22.00 | 19.20 | 1.559 times |
| 30 Mon Jun 2025 | 19.12 | 15.60 | 19.38 | 15.02 | 0.848 times |
| 30 Fri May 2025 | 15.83 | 13.90 | 16.50 | 13.64 | 1.276 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 Magic Software (MGIC)
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 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 Strong and stock is gaining 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magic Software in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Magic Software is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.85 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 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 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 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 Strong and stock is gaining 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magic Software in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Magic Software is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.85 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.