(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 2025-02-18 View latest technical analysis
10 day averaged volume of Mgic Investment is 1885820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Tue Feb 2025 | 24.75 | 24.63 | 24.78 | 24.33 | 1.054 times |
| 14 Fri Feb 2025 | 24.69 | 24.50 | 24.81 | 24.39 | 1.242 times |
| 13 Thu Feb 2025 | 24.53 | 24.20 | 24.57 | 24.04 | 0.763 times |
| 12 Wed Feb 2025 | 24.13 | 24.50 | 24.53 | 24.02 | 0.782 times |
| 11 Tue Feb 2025 | 24.73 | 24.91 | 25.07 | 24.73 | 0.841 times |
| 10 Mon Feb 2025 | 25.01 | 25.29 | 25.30 | 24.97 | 0.741 times |
| 07 Fri Feb 2025 | 25.26 | 25.39 | 25.47 | 25.13 | 1.044 times |
| 06 Thu Feb 2025 | 25.46 | 25.79 | 25.83 | 25.26 | 0.894 times |
| 05 Wed Feb 2025 | 25.52 | 25.57 | 25.63 | 25.22 | 0.972 times |
| 04 Tue Feb 2025 | 25.59 | 25.62 | 26.07 | 25.05 | 1.558 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 24.6 as stoploss in an intra day buy trade for a target of 25.06. However, stock will show a bearish move below 24.6.
Share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Target | 22.71 |
| Downside Target | 24.02 |
| Upside Target | 24.89 |
| Upside Target | 25.30 |
| Upside Target | 25.79 |
| Upside Target | 25.88 |
| Upside Target | 26.07 |
| Upside Target | 26.53 |
| Upside Target | 26.56 |
Intraday share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Intraday Target | 24.46 |
| Downside Intraday Target | 24.17 |
| Upside Intraday Target | 24.91 |
| Upside Intraday Target | 25.07 |
| Downside Intraday Target | 24.62 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Tue Feb 2025 | 24.75 | 24.63 | 24.78 | 24.33 | 0.241 times |
| 14 Fri Feb 2025 | 24.69 | 25.29 | 25.30 | 24.02 | 0.776 times |
| 07 Fri Feb 2025 | 25.26 | 24.85 | 26.07 | 24.82 | 1.546 times |
| 31 Fri Jan 2025 | 25.54 | 24.87 | 25.88 | 24.76 | 1.217 times |
| 24 Fri Jan 2025 | 24.75 | 24.50 | 24.89 | 24.37 | 2.887 times |
Price has moved up 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 |
| 18 Tue Feb 2025 | 24.75 | 24.85 | 26.07 | 24.02 | 0.599 times |
| 31 Fri Jan 2025 | 25.54 | 23.76 | 25.88 | 22.71 | 1.285 times |
| 31 Tue Dec 2024 | 23.71 | 25.63 | 25.79 | 22.98 | 0.797 times |
| 26 Tue Nov 2024 | 26.11 | 24.75 | 26.56 | 23.36 | 1.153 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mgic Investment stock for short term is SELL. 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 in or below the green cloud Prices appear to be moving up
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 25.02 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mgic Investment stock for short term is SELL. 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 in or below the green cloud Prices appear to be moving up
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 25.02 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.