(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 2024-01-12 View latest technical analysis
10 day averaged volume of Mgic Investment is 1503950
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jan 2024 | 19.37 | 19.40 | 19.47 | 19.25 | 1.005 times |
| 12 Fri Jan 2024 | 19.37 | 19.40 | 19.47 | 19.25 | 1.005 times |
| 11 Thu Jan 2024 | 19.21 | 19.27 | 19.34 | 19.07 | 1.1 times |
| 10 Wed Jan 2024 | 19.36 | 19.22 | 19.40 | 19.22 | 0.608 times |
| 09 Tue Jan 2024 | 19.17 | 19.35 | 19.37 | 19.10 | 0.981 times |
| 08 Mon Jan 2024 | 19.50 | 19.37 | 19.54 | 19.32 | 0.942 times |
| 05 Fri Jan 2024 | 19.29 | 19.28 | 19.62 | 19.28 | 1.371 times |
| 04 Thu Jan 2024 | 19.29 | 19.11 | 19.38 | 19.11 | 1.054 times |
| 03 Wed Jan 2024 | 19.14 | 19.16 | 19.34 | 19.05 | 0.873 times |
| 02 Tue Jan 2024 | 19.33 | 19.15 | 19.36 | 19.07 | 1.085 times |
My analysis of stock is bullish for shortterm, and stock might move up till 19.5 or till 19.6. Use a stoploss of 19.32 and if this stock hits its stoploss, then it can fall down till 19.19
Share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Target | 16.30 |
| Downside Target | 17.42 |
| Downside Target | 19.05 |
| Downside Target | 19.28 |
| Upside Target | 19.47 |
| Upside Target | 19.51 |
| Upside Target | 19.54 |
| 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 | 19.26 |
| Downside Intraday Target | 19.14 |
| Upside Intraday Target | 19.48 |
| Upside Intraday Target | 19.58 |
| Downside Intraday Target | 19.36 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jan 2024 | 19.37 | 19.40 | 19.47 | 19.25 | 0.217 times |
| 12 Fri Jan 2024 | 19.37 | 19.37 | 19.54 | 19.07 | 1.058 times |
| 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 |
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 Mgic Investment (MTG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Fri Jan 2024 | 19.37 | 19.15 | 19.62 | 19.05 | 0.391 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 up 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) based on a short to mid 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 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 Weak 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mgic Investment in short term
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 19.3 and Mgic Investment (MTG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) based on a short to mid 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 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 Weak 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mgic Investment in short term
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 19.3 and Mgic Investment (MTG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.