(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 2025-06-13 View latest technical analysis
10 day averaged volume of Magic Software is 43840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Jun 2025 | 15.23 | 15.14 | 15.60 | 15.02 | 1.152 times |
| 12 Thu Jun 2025 | 15.79 | 16.05 | 16.05 | 15.70 | 0.867 times |
| 11 Wed Jun 2025 | 16.07 | 16.29 | 16.44 | 16.07 | 0.671 times |
| 10 Tue Jun 2025 | 16.12 | 16.12 | 16.29 | 16.00 | 0.762 times |
| 09 Mon Jun 2025 | 16.15 | 16.20 | 16.30 | 15.90 | 0.983 times |
| 06 Fri Jun 2025 | 16.35 | 16.21 | 16.39 | 16.15 | 0.614 times |
| 05 Thu Jun 2025 | 16.16 | 16.38 | 16.44 | 16.13 | 0.648 times |
| 04 Wed Jun 2025 | 16.33 | 16.17 | 16.39 | 16.17 | 0.673 times |
| 03 Tue Jun 2025 | 16.13 | 16.05 | 16.29 | 15.90 | 2.057 times |
| 02 Mon Jun 2025 | 15.95 | 15.60 | 16.05 | 15.58 | 1.768 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.5, but if it comes above 15.5, then a intra day buy could be more profitable.
If you take a sell trade below 15.5, then use 15.5 as stoploss and 15 as target. However if you take a buy trade in stock , then use 15.5 as stoploss and 15.87 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 | 15.02 |
| Upside Target | 15.56 |
| Upside Target | 15.94 |
| Upside Target | 16.43 |
| Upside Target | 16.44 |
| Upside Target | 16.50 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 14.69 |
| Downside Intraday Target | 14.14 |
| Upside Intraday Target | 16.11 |
| Upside Intraday Target | 16.98 |
| Upside Intraday Target | 15.56 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Jun 2025 | 15.23 | 16.20 | 16.44 | 15.02 | 0.77 times |
| 06 Fri Jun 2025 | 16.35 | 15.60 | 16.44 | 15.58 | 0.654 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 |
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 Magic Software (MGIC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 13 Fri Jun 2025 | 15.23 | 15.60 | 16.44 | 15.02 | 0.355 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 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 Magic Software (MGIC)
Price action analysis of Magic Software ( (MGIC) ) 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 Magic Software ( (MGIC) ) 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 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 SELL. Signal strength is Strong and stock is gaining 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 15.99 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 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 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 Magic Software ( (MGIC) ) 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 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 SELL. Signal strength is Strong and stock is gaining 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 15.99 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.