(MGIC) Magic Software complete technical analysis [charts+indicators] | Buy/Sell Magic Software | (MGIC) share price targets
Complete technical analysis of Magic Software (MGIC) by charts plus indicators, forecast predictions and share price targets for Magic Software (MGIC)
Magic Software trades in USA in Technology sector.
Showing technical analysis as on 2025-06-04 View latest technical analysis
10 day averaged volume of Magic Software is 81330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Jun 2025 | 16.33 | 16.17 | 16.39 | 16.17 | 0.363 times |
| 03 Tue Jun 2025 | 16.13 | 16.05 | 16.29 | 15.90 | 1.109 times |
| 02 Mon Jun 2025 | 15.95 | 15.60 | 16.05 | 15.58 | 0.953 times |
| 30 Fri May 2025 | 15.83 | 15.72 | 16.18 | 15.61 | 0.516 times |
| 29 Thu May 2025 | 15.72 | 16.19 | 16.43 | 15.69 | 1.447 times |
| 28 Wed May 2025 | 16.13 | 16.11 | 16.36 | 15.91 | 1.013 times |
| 27 Tue May 2025 | 16.05 | 15.74 | 16.13 | 15.56 | 1.768 times |
| 23 Fri May 2025 | 15.11 | 14.78 | 15.23 | 14.67 | 0.568 times |
| 22 Thu May 2025 | 15.02 | 15.32 | 15.36 | 15.02 | 0.468 times |
| 21 Wed May 2025 | 15.38 | 15.43 | 15.73 | 14.35 | 1.418 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16.1, but if it comes below 16.1, then a intra day sell could be more profitable.
If you take a sell trade below 16.1, then use 16.1 as stoploss and 15.45 as target. However if you take a buy trade in stock , then use 16.1 as stoploss and 17 as target.
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 11.65 |
| Downside Target | 11.98 |
| Downside Target | 13.46 |
| Downside Target | 14.03 |
| Downside Target | 15.56 |
| Downside Target | 15.58 |
| Downside Target | 15.94 |
| Upside Target | 16.39 |
| Upside Target | 16.43 |
| Upside Target | 16.50 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 15.81 |
| Downside Intraday Target | 15.29 |
| Upside Intraday Target | 16.62 |
| Upside Intraday Target | 16.91 |
| Downside Intraday Target | 16.1 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Jun 2025 | 16.33 | 15.60 | 16.39 | 15.58 | 0.511 times |
| 30 Fri May 2025 | 15.83 | 15.74 | 16.43 | 15.56 | 0.987 times |
| 23 Fri May 2025 | 15.11 | 16.20 | 16.50 | 14.35 | 1.314 times |
| 16 Fri May 2025 | 15.84 | 14.41 | 15.94 | 14.31 | 2.154 times |
| 09 Fri May 2025 | 14.31 | 13.88 | 14.48 | 13.64 | 1.142 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 Magic Software (MGIC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Wed Jun 2025 | 16.33 | 15.60 | 16.39 | 15.58 | 0.157 times |
| 30 Fri May 2025 | 15.83 | 13.90 | 16.50 | 13.64 | 1.276 times |
| 30 Wed Apr 2025 | 13.84 | 13.10 | 14.03 | 11.98 | 0.38 times |
| 31 Mon Mar 2025 | 12.99 | 12.51 | 14.24 | 11.65 | 3.7 times |
Scroll below to view daily charts
Price has moved up 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 Magic Software (MGIC)
Price action analysis of Magic Software ( (MGIC) ) 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Magic Software in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magic Software Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Magic Software in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 15.8 and Magic Software (MGIC) 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 Magic Software (MGIC) stock. Volume based technical analysis of Magic Software (MGIC) stock is negative.
Magic Software Stock is giving positive 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 Magic Software ( (MGIC) ) 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Magic Software in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magic Software Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Magic Software in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 15.8 and Magic Software (MGIC) 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 Magic Software (MGIC) stock. Volume based technical analysis of Magic Software (MGIC) stock is negative.
Magic Software Stock is giving positive 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.