(MTG) Mgic Investment ForceIndex charts technical analysis
(MTG) Mgic Investment ForceIndex charts technical analysis ForceIndex analysis of Mgic Investment | Buy/Sell Mgic Investment
Mgic Investment trades in USA in Finance sector.
10 day averaged volume of Mgic Investment is 1903407
| Date | Closing Price | Open | High | Low | Volume |
| 26 Thu Dec 2024 | 24.00 | 23.67 | 24.03 | 23.67 | 1.291 Mn |
| 24 Tue Dec 2024 | 23.82 | 23.69 | 23.90 | 23.57 | 0.721 Mn |
| 23 Mon Dec 2024 | 23.68 | 23.52 | 23.69 | 23.38 | 1.265 Mn |
| 20 Fri Dec 2024 | 23.66 | 23.12 | 23.79 | 22.98 | 5.682 Mn |
| 19 Thu Dec 2024 | 23.32 | 23.45 | 23.84 | 23.31 | 2.077 Mn |
| 18 Wed Dec 2024 | 23.38 | 24.27 | 24.41 | 23.28 | 1.608 Mn |
| 17 Tue Dec 2024 | 24.29 | 24.56 | 24.76 | 24.23 | 1.283 Mn |
| 16 Mon Dec 2024 | 24.70 | 24.67 | 24.94 | 24.56 | 1.471 Mn |
| 13 Fri Dec 2024 | 24.55 | 24.83 | 24.86 | 24.51 | 1.931 Mn |
| 12 Thu Dec 2024 | 24.86 | 24.96 | 25.23 | 24.84 | 1.347 Mn |
Indicators analysis of Mgic Investment (MTG)
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 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 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 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 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 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 and selling is picking up 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 23.93 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.