(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.
10 day averaged volume of Magic Software is 40150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Wed Jul 2025 | 20.79 | 20.71 | 21.07 | 20.52 | 1.156 times |
| 29 Tue Jul 2025 | 20.72 | 20.99 | 21.22 | 20.72 | 1.081 times |
| 28 Mon Jul 2025 | 21.06 | 21.41 | 21.41 | 20.96 | 1.056 times |
| 25 Fri Jul 2025 | 21.41 | 21.54 | 21.54 | 21.27 | 0.633 times |
| 24 Thu Jul 2025 | 21.46 | 21.68 | 21.68 | 21.33 | 0.623 times |
| 23 Wed Jul 2025 | 21.68 | 21.63 | 21.75 | 21.44 | 0.936 times |
| 22 Tue Jul 2025 | 21.44 | 21.40 | 21.79 | 21.21 | 1.841 times |
| 21 Mon Jul 2025 | 21.34 | 21.24 | 21.45 | 21.14 | 1.086 times |
| 18 Fri Jul 2025 | 21.13 | 21.23 | 21.37 | 21.03 | 0.753 times |
| 17 Thu Jul 2025 | 21.00 | 20.96 | 21.10 | 20.72 | 0.909 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.7 as stoploss in an intra day buy trade for a target of 21.08. However, stock will show a bearish move below 20.7.
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 11.65 |
| Downside Target | 11.98 |
| Downside Target | 13.64 |
| Downside Target | 14.03 |
| Downside Target | 15.02 |
| Downside Target | 16.50 |
| Downside Target | 18.89 |
| Downside Target | 20.17 |
| 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 | 20.4 |
| Downside Intraday Target | 20.02 |
| Upside Intraday Target | 21.29 |
| Upside Intraday Target | 21.8 |
| Upside Intraday Target | 20.91 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Wed Jul 2025 | 20.79 | 21.41 | 21.41 | 20.52 | 0.643 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 |
| 03 Thu Jul 2025 | 20.70 | 18.93 | 20.83 | 18.89 | 1.334 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 |
| 30 Wed Jul 2025 | 20.79 | 19.31 | 22.00 | 19.20 | 1.533 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 |
| 30 Wed Apr 2025 | 13.84 | 13.10 | 14.03 | 11.98 | 0.38 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 BUY. 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 green color and prices are in or below the green cloud Prices appear to be moving up
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 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 21.2 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 BUY. 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 green color and prices are in or below the green cloud Prices appear to be moving up
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 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 21.2 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.