(MGIC) Magic Software ForceIndex charts technical analysis
(MGIC) Magic Software ForceIndex charts technical analysis ForceIndex analysis of Magic Software | Buy/Sell Magic Software
Magic Software trades in USA in Technology sector.
10 day averaged volume of Magic Software is 26730
| Date | Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 11.17 | 11.23 | 11.36 | 11.09 | 0.023 Mn |
| 31 Thu Oct 2024 | 11.21 | 11.46 | 11.51 | 11.21 | 0.031 Mn |
| 30 Wed Oct 2024 | 11.55 | 11.71 | 11.73 | 11.37 | 0.05 Mn |
| 29 Tue Oct 2024 | 11.20 | 11.30 | 11.30 | 11.13 | 0.05 Mn |
| 28 Mon Oct 2024 | 11.32 | 11.25 | 11.45 | 11.18 | 0.021 Mn |
| 25 Fri Oct 2024 | 11.18 | 11.01 | 11.22 | 11.01 | 0.023 Mn |
| 24 Thu Oct 2024 | 11.06 | 11.16 | 11.19 | 11.01 | 0.012 Mn |
| 23 Wed Oct 2024 | 11.15 | 11.32 | 11.32 | 11.01 | 0.012 Mn |
| 22 Tue Oct 2024 | 11.32 | 11.47 | 11.51 | 11.23 | 0.034 Mn |
| 21 Mon Oct 2024 | 11.49 | 11.35 | 11.54 | 11.34 | 0.019 Mn |
Indicators analysis of Magic Software (MGIC)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
Price action analysis of Magic Software ( (MGIC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Magic Software ( (MGIC) ) 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 Magic Software ( (MGIC) ) based on a short to mid 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 Magic Software ( (MGIC) ) 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 Magic Software stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Magic Software in short term but the sell signal is initial and weak.
Magic Software 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 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 SELL signal for Magic Software in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Magic Software is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.3 and Magic Software (MGIC) 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 Magic Software (MGIC) stock. Volume based technical analysis of Magic Software (MGIC) stock is negative.
Magic Software 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.