(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 2025-03-03 View latest technical analysis
10 day averaged volume of Mgic Investment is 1958210
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Mar 2025 | 24.57 | 24.55 | 24.98 | 24.37 | 0.705 times |
| 28 Fri Feb 2025 | 24.61 | 24.41 | 24.61 | 24.26 | 1.303 times |
| 27 Thu Feb 2025 | 24.27 | 24.12 | 24.55 | 24.08 | 0.766 times |
| 26 Wed Feb 2025 | 24.11 | 23.93 | 24.23 | 23.93 | 1.036 times |
| 25 Tue Feb 2025 | 24.09 | 24.06 | 24.31 | 23.81 | 1.007 times |
| 24 Mon Feb 2025 | 23.88 | 24.12 | 24.21 | 23.87 | 1.094 times |
| 21 Fri Feb 2025 | 23.97 | 24.62 | 24.74 | 23.94 | 0.941 times |
| 20 Thu Feb 2025 | 24.42 | 24.51 | 24.63 | 24.39 | 0.671 times |
| 19 Wed Feb 2025 | 24.55 | 24.49 | 24.92 | 24.47 | 0.971 times |
| 18 Tue Feb 2025 | 24.75 | 24.63 | 24.78 | 24.33 | 1.015 times |
My analysis of stock is bearish for shortterm, and stock might move down till 24.1 or till 23.5. Use a stoploss of 24.66 and if the stock hits stoploss, then it can shoot up till 25.17
Share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Target | 22.71 |
| Upside Target | 24.92 |
| Upside Target | 24.98 |
| Upside Target | 25.30 |
| Upside Target | 25.79 |
| Upside Target | 25.88 |
| Upside Target | 26.07 |
| Upside Target | 26.56 |
Intraday share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Intraday Target | 24.3 |
| Downside Intraday Target | 24.03 |
| Upside Intraday Target | 24.91 |
| Upside Intraday Target | 25.25 |
| Upside Intraday Target | 24.64 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Mar 2025 | 24.57 | 24.55 | 24.98 | 24.37 | 0.135 times |
| 28 Fri Feb 2025 | 24.61 | 24.12 | 24.61 | 23.81 | 1.447 times |
| 21 Fri Feb 2025 | 23.97 | 24.63 | 24.92 | 23.94 | 0.855 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 |
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 |
| 03 Mon Mar 2025 | 24.57 | 24.55 | 24.98 | 24.37 | 0.038 times |
| 28 Fri Feb 2025 | 24.61 | 24.85 | 26.07 | 23.81 | 1.037 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 |
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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
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 buy signal for Mgic Investment in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mgic Investment is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.32 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 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
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 buy signal for Mgic Investment in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mgic Investment is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.32 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 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.