(MTG) Mgic Investment complete technical analysis [charts+indicators] | Buy/Sell Mgic Investment | (MTG) share price targets
Complete technical analysis of Mgic Investment (MTG) by charts plus indicators, forecast predictions and share price targets for Mgic Investment (MTG)
Mgic Investment trades in USA in Finance sector.
Showing technical analysis as on 2024-12-23 View latest technical analysis
10 day averaged volume of Mgic Investment is 2050265
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Dec 2024 | 23.68 | 23.52 | 23.69 | 23.38 | 0.617 times |
| 20 Fri Dec 2024 | 23.66 | 23.12 | 23.79 | 22.98 | 2.771 times |
| 19 Thu Dec 2024 | 23.32 | 23.45 | 23.84 | 23.31 | 1.013 times |
| 18 Wed Dec 2024 | 23.38 | 24.27 | 24.41 | 23.28 | 0.784 times |
| 17 Tue Dec 2024 | 24.29 | 24.56 | 24.76 | 24.23 | 0.626 times |
| 16 Mon Dec 2024 | 24.70 | 24.67 | 24.94 | 24.56 | 0.717 times |
| 13 Fri Dec 2024 | 24.55 | 24.83 | 24.86 | 24.51 | 0.942 times |
| 12 Thu Dec 2024 | 24.86 | 24.96 | 25.23 | 24.84 | 0.657 times |
| 11 Wed Dec 2024 | 24.81 | 24.83 | 24.92 | 24.69 | 0.805 times |
| 10 Tue Dec 2024 | 24.57 | 24.23 | 24.75 | 24.11 | 0.678 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23.9, but if it comes above 23.9, then a intra day buy could be more profitable.
If you take a sell trade below 23.9, then use 23.9 as stoploss and 22.9 as target. However if you take a buy trade in stock , then use 23.9 as stoploss and 24.76 as target.
Share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Target | 22.88 |
| Upside Target | 24.81 |
| Upside Target | 25.51 |
| Upside Target | 25.66 |
| Upside Target | 25.79 |
| Upside Target | 25.89 |
| Upside Target | 25.93 |
| Upside Target | 26.24 |
| Upside Target | 26.53 |
| Upside Target | 26.56 |
Intraday share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Intraday Target | 23.48 |
| Downside Intraday Target | 23.27 |
| Upside Intraday Target | 23.79 |
| Upside Intraday Target | 23.89 |
| Downside Intraday Target | 23.58 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Dec 2024 | 23.68 | 23.52 | 23.69 | 23.38 | 0.104 times |
| 20 Fri Dec 2024 | 23.66 | 24.67 | 24.94 | 22.98 | 1.446 times |
| 13 Fri Dec 2024 | 24.55 | 25.00 | 25.23 | 24.11 | 6.301 times |
| 05 Thu Dec 2024 | 25.55 | 26.18 | 26.24 | 25.51 | 0.339 times |
| 26 Tue Nov 2024 | 26.11 | 25.70 | 26.56 | 25.66 | 0.729 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 Mgic Investment (MTG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Mon Dec 2024 | 23.68 | 25.63 | 25.79 | 22.98 | 0.643 times |
| 26 Tue Nov 2024 | 26.11 | 24.75 | 26.56 | 23.36 | 1.153 times |
| 31 Thu Oct 2024 | 25.04 | 25.54 | 26.53 | 24.81 | 0.912 times |
| 30 Mon Sep 2024 | 25.60 | 25.33 | 25.89 | 24.06 | 0.936 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 Mgic Investment (MTG)
Price action analysis of Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 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 gaining momentum.
MACD generated a SELL signal for Mgic Investment in short term and the sell signal is strong.
Mgic Investment Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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
Stock of Mgic Investment is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.05 and Mgic Investment (MTG) 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 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.
Price action analysis of Mgic Investment ( (MTG) ) 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 Mgic Investment ( (MTG) ) 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 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 gaining momentum.
MACD generated a SELL signal for Mgic Investment in short term and the sell signal is strong.
Mgic Investment Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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
Stock of Mgic Investment is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.05 and Mgic Investment (MTG) 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 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.