(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 2025-03-14 View latest technical analysis
10 day averaged volume of Mgic Investment is 2117965
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Mar 2025 | 23.10 | 22.65 | 23.14 | 22.56 | 0.934 times |
| 13 Thu Mar 2025 | 22.56 | 22.68 | 23.10 | 22.47 | 1.347 times |
| 12 Wed Mar 2025 | 22.60 | 22.95 | 23.00 | 22.50 | 1.184 times |
| 11 Tue Mar 2025 | 22.81 | 23.30 | 23.38 | 22.63 | 1.083 times |
| 10 Mon Mar 2025 | 23.23 | 23.68 | 23.88 | 23.15 | 1.184 times |
| 07 Fri Mar 2025 | 23.79 | 23.60 | 23.89 | 23.34 | 0.953 times |
| 06 Thu Mar 2025 | 23.62 | 23.60 | 23.70 | 23.36 | 0.877 times |
| 05 Wed Mar 2025 | 23.74 | 23.51 | 23.84 | 23.37 | 0.793 times |
| 04 Tue Mar 2025 | 23.62 | 24.36 | 24.39 | 23.61 | 0.724 times |
| 03 Mon Mar 2025 | 24.57 | 24.55 | 24.98 | 24.37 | 0.652 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23.2, but if it comes above 23.2, then a intra day buy could be more profitable.
If you take a sell trade below 23.2, then use 23.2 as stoploss and 22.4 as target. However if you take a buy trade in stock , then use 23.2 as stoploss and 23.85 as target.
Share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Target | 22.47 |
| Upside Target | 24.61 |
| 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 | 22.42 |
| Downside Intraday Target | 21.74 |
| Upside Intraday Target | 23.83 |
| Upside Intraday Target | 24.56 |
| Upside Intraday Target | 23.15 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Mar 2025 | 23.10 | 23.68 | 23.88 | 22.47 | 1.434 times |
| 07 Fri Mar 2025 | 23.79 | 24.55 | 24.98 | 23.34 | 0.831 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 |
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 |
| 14 Fri Mar 2025 | 23.10 | 24.55 | 24.98 | 22.47 | 0.571 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 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 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 Strong and stock is losing 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mgic Investment in short term but BUY signal is weak.
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 23.25 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 negative.
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 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 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 Strong and stock is losing 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mgic Investment in short term but BUY signal is weak.
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 23.25 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.