(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.
10 day averaged volume of Mgic Investment is 4555670
Date | Daily Closing Price | Open | High | Low | Volume |
04 Fri Apr 2025 | 23.14 | 23.52 | 23.60 | 22.78 | 0.696 times |
03 Thu Apr 2025 | 24.32 | 24.78 | 25.19 | 24.10 | 0.495 times |
02 Wed Apr 2025 | 25.55 | 24.95 | 25.57 | 24.95 | 0.496 times |
01 Tue Apr 2025 | 25.17 | 24.76 | 25.26 | 24.74 | 0.451 times |
31 Mon Mar 2025 | 24.78 | 24.26 | 24.93 | 24.19 | 0.621 times |
28 Fri Mar 2025 | 24.40 | 24.88 | 24.98 | 24.36 | 0.377 times |
26 Wed Mar 2025 | 24.74 | 24.47 | 24.88 | 24.37 | 0.44 times |
24 Mon Mar 2025 | 24.06 | 23.76 | 24.11 | 23.56 | 0.577 times |
21 Fri Mar 2025 | 23.55 | 23.55 | 23.77 | 23.30 | 5.057 times |
20 Thu Mar 2025 | 23.71 | 23.28 | 23.85 | 23.28 | 0.618 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 22.9 as stoploss in an intra day buy trade for a target of 23.74. However, stock will show a bearish move below 22.9.
Share price targets for Mgic Investment (MTG)
Target Type | Value |
Downside Target | 22.30 |
Upside Target | 23.88 |
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 | 22.09 |
Downside Intraday Target | 21.04 |
Upside Intraday Target | 24.88 |
Upside Intraday Target | 26.62 |
Upside Intraday Target | 23.83 |
Weekly technical analysis of Mgic Investment (MTG)
Date | Weekly Closing Price | Open | High | Low | Volume |
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 |
07 Fri Mar 2025 | 23.79 | 24.55 | 24.98 | 23.34 | 0.831 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mgic Investment (MTG)
Date | Monthly Closing Price | Open | High | Low | Volume |
04 Fri Apr 2025 | 23.14 | 24.76 | 25.57 | 22.78 | 0.146 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgic Investment ( (MTG) ) based on a mid to longer 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.
ADX buy sell signal for Mgic Investment stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mgic Investment in short term and the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 23.94 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgic Investment ( (MTG) ) based on a mid to longer 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.
ADX buy sell signal for Mgic Investment stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mgic Investment in short term and the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 23.94 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.