(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 2024-07-08 View latest technical analysis
10 day averaged volume of Mgic Investment is 1536330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 21.29 | 21.52 | 21.71 | 21.29 | 1.121 times |
| 05 Fri Jul 2024 | 21.44 | 21.58 | 21.78 | 21.42 | 1.388 times |
| 03 Wed Jul 2024 | 21.65 | 21.90 | 21.92 | 21.60 | 0.46 times |
| 03 Wed Jul 2024 | 21.65 | 21.90 | 21.92 | 21.60 | 0.46 times |
| 02 Tue Jul 2024 | 21.86 | 21.56 | 21.93 | 21.56 | 0.919 times |
| 01 Mon Jul 2024 | 21.62 | 21.73 | 21.80 | 21.42 | 0.759 times |
| 28 Fri Jun 2024 | 21.55 | 21.38 | 21.68 | 21.30 | 1.614 times |
| 27 Thu Jun 2024 | 21.22 | 21.10 | 21.31 | 20.96 | 1.113 times |
| 26 Wed Jun 2024 | 21.11 | 21.22 | 21.26 | 21.06 | 0.987 times |
| 25 Tue Jun 2024 | 21.37 | 21.69 | 21.79 | 21.37 | 1.037 times |
My analysis of stock is bullish for shortterm, and stock might move up till 21.6 or till 22.1. Use a stoploss of 21.25 and if this stock hits its stoploss, then it can fall down till 20.87
Share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Target | 19.26 |
| Downside Target | 19.66 |
| Downside Target | 20.77 |
| Upside Target | 21.71 |
| Upside Target | 21.88 |
| Upside Target | 21.92 |
| Upside Target | 21.93 |
| Upside Target | 22.31 |
| Upside Target | 22.43 |
Intraday share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Intraday Target | 21.15 |
| Downside Intraday Target | 21.01 |
| Upside Intraday Target | 21.57 |
| Upside Intraday Target | 21.85 |
| Upside Intraday Target | 21.43 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 21.29 | 21.52 | 21.71 | 21.29 | 0.607 times |
| 05 Fri Jul 2024 | 21.44 | 21.90 | 21.92 | 21.42 | 0.864 times |
| 03 Wed Jul 2024 | 21.65 | 21.73 | 21.93 | 21.42 | 0.356 times |
| 28 Fri Jun 2024 | 21.55 | 21.40 | 21.88 | 20.96 | 1.273 times |
| 21 Fri Jun 2024 | 21.39 | 20.80 | 21.49 | 20.77 | 3.311 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 |
| 08 Mon Jul 2024 | 21.29 | 21.73 | 21.93 | 21.29 | 0.23 times |
| 28 Fri Jun 2024 | 21.55 | 21.44 | 21.88 | 20.35 | 0.965 times |
| 31 Fri May 2024 | 21.00 | 20.32 | 21.45 | 20.02 | 0.834 times |
| 30 Tue Apr 2024 | 20.28 | 22.31 | 22.31 | 19.26 | 0.83 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 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 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 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 losing 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. Bulls are getting tired and bears are picking up momentum.
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 Mgic Investment in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 21.45 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 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 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 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 losing 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. Bulls are getting tired and bears are picking up momentum.
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 Mgic Investment in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 21.45 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.