(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 2025-08-15 View latest technical analysis
10 day averaged volume of Magic Software is 59950
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Aug 2025 | 20.36 | 19.94 | 20.37 | 19.94 | 0.31 times |
| 14 Thu Aug 2025 | 20.00 | 20.23 | 20.85 | 20.00 | 1.174 times |
| 13 Wed Aug 2025 | 20.49 | 19.94 | 20.49 | 19.79 | 1.695 times |
| 12 Tue Aug 2025 | 18.80 | 19.61 | 19.61 | 18.57 | 1.321 times |
| 11 Mon Aug 2025 | 19.52 | 19.74 | 19.87 | 19.38 | 0.549 times |
| 08 Fri Aug 2025 | 19.96 | 20.03 | 20.20 | 19.70 | 0.355 times |
| 07 Thu Aug 2025 | 20.11 | 20.42 | 20.62 | 19.99 | 0.849 times |
| 06 Wed Aug 2025 | 20.20 | 19.87 | 20.39 | 19.77 | 1.013 times |
| 05 Tue Aug 2025 | 19.97 | 20.35 | 20.50 | 19.85 | 1.593 times |
| 01 Fri Aug 2025 | 20.60 | 20.37 | 21.01 | 20.37 | 0.999 times |
My analysis of stock is bearish for shortterm, and stock might move down till 19.9 or till 19. Use a stoploss of 20.59 and if the stock hits stoploss, then it can shoot up till 21.31
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 11.98 |
| Downside Target | 13.64 |
| Downside Target | 14.03 |
| Downside Target | 15.02 |
| Downside Target | 16.50 |
| Downside Target | 18.57 |
| Downside Target | 19.20 |
| Upside Target | 20.37 |
| Upside Target | 21.01 |
| Upside Target | 21.14 |
| Upside Target | 21.37 |
| Upside Target | 21.41 |
| Upside Target | 21.79 |
| Upside Target | 22.00 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 19 |
| Downside Intraday Target | 17.65 |
| Upside Intraday Target | 21.28 |
| Upside Intraday Target | 22.21 |
| Downside Intraday Target | 19.93 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Aug 2025 | 20.36 | 19.74 | 20.85 | 18.57 | 1.325 times |
| 08 Fri Aug 2025 | 19.96 | 20.35 | 20.62 | 19.70 | 1.042 times |
| 01 Fri Aug 2025 | 20.60 | 21.41 | 21.41 | 20.37 | 1.067 times |
| 25 Fri Jul 2025 | 21.41 | 21.24 | 21.79 | 21.14 | 0.664 times |
| 18 Fri Jul 2025 | 21.13 | 20.80 | 21.37 | 20.50 | 0.476 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 |
| 15 Fri Aug 2025 | 20.36 | 20.37 | 21.01 | 18.57 | 0.355 times |
| 31 Thu Jul 2025 | 20.71 | 19.31 | 22.00 | 19.20 | 1.559 times |
| 30 Mon Jun 2025 | 19.12 | 15.60 | 19.38 | 15.02 | 0.848 times |
| 30 Fri May 2025 | 15.83 | 13.90 | 16.50 | 13.64 | 1.276 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 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 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 Magic Software ( (MGIC) ) 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Magic Software in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. 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 SELL signal for Magic Software 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 Magic Software is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.99 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 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 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 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 Magic Software ( (MGIC) ) 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Magic Software in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. 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 SELL signal for Magic Software 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 Magic Software is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.99 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 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.