(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 2024-09-06 View latest technical analysis
10 day averaged volume of Mgic Investment is 1124880
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 24.91 | 25.18 | 25.44 | 24.85 | 1.044 times |
| 05 Thu Sep 2024 | 25.08 | 25.70 | 25.70 | 25.00 | 0.934 times |
| 04 Wed Sep 2024 | 25.52 | 24.94 | 25.56 | 24.94 | 0.945 times |
| 03 Tue Sep 2024 | 25.02 | 25.33 | 25.62 | 24.96 | 1.098 times |
| 30 Fri Aug 2024 | 25.43 | 25.20 | 25.46 | 25.12 | 1.017 times |
| 30 Fri Aug 2024 | 25.43 | 25.20 | 25.46 | 25.12 | 1.017 times |
| 29 Thu Aug 2024 | 25.17 | 25.25 | 25.34 | 25.10 | 1.038 times |
| 28 Wed Aug 2024 | 25.15 | 24.92 | 25.26 | 24.80 | 1.066 times |
| 27 Tue Aug 2024 | 24.97 | 24.71 | 25.05 | 24.71 | 0.673 times |
| 26 Mon Aug 2024 | 24.91 | 25.03 | 25.22 | 24.89 | 1.046 times |
My analysis of stock is bullish for shortterm, and stock might move up till 25.3 or till 26.2. Use a stoploss of 24.52 and if this stock hits its stoploss, then it can fall down till 23.78
Share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Target | 20.02 |
| Downside Target | 21.20 |
| Downside Target | 21.88 |
| Downside Target | 22.88 |
| Downside Target | 23.86 |
| Upside Target | 25.12 |
| Upside Target | 25.35 |
| Upside Target | 25.46 |
| Upside Target | 25.70 |
| Upside Target | 25.93 |
Intraday share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Intraday Target | 24.61 |
| Downside Intraday Target | 24.3 |
| Upside Intraday Target | 25.46 |
| Upside Intraday Target | 26 |
| Upside Intraday Target | 25.15 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 24.91 | 25.33 | 25.70 | 24.85 | 3.954 times |
| 30 Fri Aug 2024 | 25.43 | 25.20 | 25.46 | 25.12 | 0.21 times |
| 30 Fri Aug 2024 | 25.43 | 25.03 | 25.46 | 24.71 | 0.899 times |
| 23 Fri Aug 2024 | 24.82 | 24.01 | 24.84 | 23.86 | 0.682 times |
| 16 Fri Aug 2024 | 23.99 | 23.74 | 24.25 | 22.92 | 1.105 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 |
| 06 Fri Sep 2024 | 24.91 | 25.33 | 25.70 | 24.85 | 0.131 times |
| 30 Fri Aug 2024 | 25.43 | 25.60 | 25.93 | 22.88 | 0.958 times |
| 31 Wed Jul 2024 | 24.84 | 21.73 | 25.35 | 21.20 | 1.057 times |
| 28 Fri Jun 2024 | 21.55 | 21.44 | 21.88 | 20.35 | 0.965 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 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 above 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 25.16 and Mgic Investment (MTG) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 above 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 25.16 and Mgic Investment (MTG) stock is trading below this level. This means that stock is falling with high volumes. 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.