(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 2025-10-16 View latest technical analysis
10 day averaged volume of Magic Software is 27784
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu Oct 2025 | 20.51 | 20.71 | 20.83 | 20.43 | 0.565 times |
| 15 Wed Oct 2025 | 20.71 | 20.99 | 21.00 | 20.47 | 0.518 times |
| 14 Tue Oct 2025 | 20.88 | 20.10 | 20.99 | 20.03 | 0.972 times |
| 13 Mon Oct 2025 | 21.00 | 21.17 | 21.24 | 20.92 | 1.166 times |
| 10 Fri Oct 2025 | 20.46 | 21.28 | 21.47 | 20.46 | 1.159 times |
| 09 Thu Oct 2025 | 21.22 | 20.80 | 21.29 | 20.79 | 1.235 times |
| 08 Wed Oct 2025 | 20.61 | 20.35 | 20.74 | 20.29 | 1.094 times |
| 07 Tue Oct 2025 | 20.31 | 20.60 | 20.60 | 20.05 | 0.551 times |
| 06 Mon Oct 2025 | 20.58 | 20.75 | 20.98 | 20.36 | 0.993 times |
| 03 Fri Oct 2025 | 20.68 | 20.24 | 20.98 | 19.80 | 1.533 times |
My analysis of stock is bullish for shortterm, and stock might move up till 20.8 or till 21.5. Use a stoploss of 20.24 and if this stock hits its stoploss, then it can fall down till 19.65
Share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Target | 15.02 |
| Downside Target | 18.57 |
| Downside Target | 20.05 |
| Downside Target | 20.21 |
| Upside Target | 20.85 |
| Upside Target | 20.98 |
| Upside Target | 21.01 |
| Upside Target | 21.24 |
| Upside Target | 21.47 |
| Upside Target | 22.00 |
Intraday share price targets for Magic Software (MGIC)
| Target Type | Value |
| Downside Intraday Target | 19.95 |
| Downside Intraday Target | 19.38 |
| Upside Intraday Target | 21.16 |
| Upside Intraday Target | 21.8 |
| Upside Intraday Target | 20.59 |
Weekly technical analysis of Magic Software (MGIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu Oct 2025 | 20.51 | 21.17 | 21.24 | 20.03 | 0.64 times |
| 10 Fri Oct 2025 | 20.46 | 20.75 | 21.47 | 20.05 | 0.869 times |
| 03 Fri Oct 2025 | 20.68 | 19.50 | 20.98 | 19.41 | 1.865 times |
| 26 Fri Sep 2025 | 19.25 | 19.69 | 19.94 | 19.00 | 0.292 times |
| 19 Fri Sep 2025 | 19.90 | 20.03 | 20.21 | 19.23 | 1.255 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 |
| 16 Thu Oct 2025 | 20.51 | 20.40 | 21.47 | 19.70 | 0.35 times |
| 30 Tue Sep 2025 | 20.41 | 19.56 | 20.85 | 18.72 | 0.966 times |
| 29 Fri Aug 2025 | 20.30 | 20.37 | 21.01 | 18.57 | 0.572 times |
| 31 Thu Jul 2025 | 20.71 | 19.31 | 22.00 | 19.20 | 1.559 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 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 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 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 SELL. 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.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 20.73 and Magic Software (MGIC) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 SELL. 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.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 20.73 and Magic Software (MGIC) stock is trading below this level. This means that stock is falling with high volumes. 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.