(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.
10 day averaged volume of Mgic Investment is 4906730
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Mar 2025 | 24.40 | 24.88 | 24.98 | 24.36 | 0.35 times |
| 26 Wed Mar 2025 | 24.74 | 24.47 | 24.88 | 24.37 | 0.408 times |
| 24 Mon Mar 2025 | 24.06 | 23.76 | 24.11 | 23.56 | 0.536 times |
| 21 Fri Mar 2025 | 23.55 | 23.55 | 23.77 | 23.30 | 4.695 times |
| 20 Thu Mar 2025 | 23.71 | 23.28 | 23.85 | 23.28 | 0.574 times |
| 19 Wed Mar 2025 | 23.41 | 23.35 | 23.51 | 23.12 | 0.805 times |
| 18 Tue Mar 2025 | 23.20 | 23.02 | 23.37 | 23.02 | 0.639 times |
| 17 Mon Mar 2025 | 23.05 | 22.86 | 23.09 | 22.30 | 0.847 times |
| 14 Fri Mar 2025 | 23.10 | 22.65 | 23.14 | 22.56 | 0.403 times |
| 13 Thu Mar 2025 | 22.56 | 22.68 | 23.10 | 22.47 | 0.581 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24.3, but if it comes below 24.3, then a intra day sell could be more profitable.
If you take a sell trade below 24.3, then use 24.3 as stoploss and 23.63 as target. However if you take a buy trade in stock , then use 24.3 as stoploss and 25 as target.
Share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Target | 22.30 |
| Downside Target | 23.88 |
| Upside Target | 24.61 |
| Upside Target | 24.98 |
| 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 | 23.65 |
| Downside Intraday Target | 22.89 |
| Upside Intraday Target | 25.07 |
| Upside Intraday Target | 25.73 |
| Downside Intraday Target | 24.31 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Fri Mar 2025 | 24.40 | 23.76 | 24.98 | 23.56 | 0.171 times |
| 21 Fri Mar 2025 | 23.55 | 22.86 | 23.85 | 22.30 | 3.056 times |
| 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 |
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 |
| 28 Fri Mar 2025 | 24.40 | 24.55 | 24.98 | 22.30 | 1.774 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, and volume has increased substantially. This means that the move can 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 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 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 gaining momentum.
MACD generated a BUY signal for Mgic Investment in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mgic Investment in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 23.51 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 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 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Mgic Investment in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mgic Investment in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 23.51 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.