(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 2024-01-05 View latest technical analysis
10 day averaged volume of Mgic Investment is 1376090
Date | Daily Closing Price | Open | High | Low | Volume |
05 Fri Jan 2024 | 19.29 | 19.28 | 19.62 | 19.28 | 1.499 times |
04 Thu Jan 2024 | 19.29 | 19.11 | 19.38 | 19.11 | 1.152 times |
03 Wed Jan 2024 | 19.14 | 19.16 | 19.34 | 19.05 | 0.954 times |
02 Tue Jan 2024 | 19.33 | 19.15 | 19.36 | 19.07 | 1.186 times |
29 Fri Dec 2023 | 19.29 | 19.48 | 19.51 | 19.28 | 1.071 times |
29 Fri Dec 2023 | 19.29 | 19.48 | 19.51 | 19.28 | 1.071 times |
28 Thu Dec 2023 | 19.47 | 19.40 | 19.56 | 19.38 | 0.676 times |
27 Wed Dec 2023 | 19.48 | 19.48 | 19.54 | 19.41 | 0.896 times |
26 Tue Dec 2023 | 19.45 | 19.44 | 19.60 | 19.42 | 1.133 times |
22 Fri Dec 2023 | 19.46 | 19.43 | 19.60 | 19.40 | 0.797 times |
My analysis of stock is bullish for shortterm, and stock might move up till 19.5 or till 20. Use a stoploss of 19.09 and if this stock hits its stoploss, then it can fall down till 18.67
Share price targets for Mgic Investment (MTG)
Target Type | Value |
Downside Target | 16.30 |
Downside Target | 17.42 |
Downside Target | 18.82 |
Downside Target | 19.28 |
Upside Target | 19.51 |
Upside Target | 19.60 |
Upside Target | 19.62 |
Upside Target | 19.64 |
Intraday share price targets for Mgic Investment (MTG)
Target Type | Value |
Downside Intraday Target | 19.02 |
Downside Intraday Target | 18.75 |
Upside Intraday Target | 19.59 |
Upside Intraday Target | 19.89 |
Upside Intraday Target | 19.32 |
Weekly technical analysis of Mgic Investment (MTG)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Fri Jan 2024 | 19.29 | 19.15 | 19.62 | 19.05 | 4.471 times |
29 Fri Dec 2023 | 19.29 | 19.48 | 19.51 | 19.28 | 0.284 times |
29 Fri Dec 2023 | 19.29 | 19.44 | 19.60 | 19.28 | 0.677 times |
22 Fri Dec 2023 | 19.46 | 19.05 | 19.64 | 18.82 | 0.521 times |
15 Fri Dec 2023 | 18.96 | 18.04 | 19.28 | 18.04 | 1.864 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 |
05 Fri Jan 2024 | 19.29 | 19.15 | 19.62 | 19.05 | 0.171 times |
29 Fri Dec 2023 | 19.29 | 17.56 | 19.64 | 17.42 | 1.139 times |
30 Thu Nov 2023 | 17.59 | 16.91 | 17.97 | 16.46 | 0.826 times |
31 Tue Oct 2023 | 16.84 | 16.70 | 17.72 | 16.30 | 1.119 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mgic Investment ( (MTG) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Mgic Investment stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mgic Investment in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Mgic Investment in short term and BUY 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 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 19.34 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mgic Investment ( (MTG) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Mgic Investment stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mgic Investment in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Mgic Investment in short term and BUY 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 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 19.34 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.