(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 2025-01-10 View latest technical analysis
10 day averaged volume of Mgic Investment is 1429467
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri Jan 2025 | 22.89 | 23.19 | 23.31 | 22.84 | 1.319 times |
| 08 Wed Jan 2025 | 23.63 | 23.19 | 23.63 | 23.13 | 1.21 times |
| 08 Wed Jan 2025 | 23.63 | 23.19 | 23.63 | 23.13 | 1.21 times |
| 07 Tue Jan 2025 | 23.44 | 23.42 | 23.71 | 23.29 | 1.243 times |
| 06 Mon Jan 2025 | 23.43 | 23.82 | 23.99 | 23.40 | 1.085 times |
| 03 Fri Jan 2025 | 23.85 | 23.64 | 23.91 | 23.60 | 1.007 times |
| 02 Thu Jan 2025 | 23.67 | 23.76 | 23.95 | 23.60 | 1.099 times |
| 31 Tue Dec 2024 | 23.71 | 23.85 | 23.95 | 23.66 | 1.06 times |
| 30 Mon Dec 2024 | 23.65 | 23.46 | 23.80 | 23.35 | 0.597 times |
| 27 Fri Dec 2024 | 23.69 | 23.82 | 24.06 | 23.55 | 0.586 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 22.8, for a target of 23.3 or 23.79
Share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Target | 22.84 |
| Upside Target | 23.99 |
| Upside Target | 24.06 |
| Upside Target | 24.81 |
| Upside Target | 24.94 |
| Upside Target | 25.79 |
| Upside Target | 25.89 |
| Upside Target | 26.53 |
| Upside Target | 26.56 |
Intraday share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Intraday Target | 22.61 |
| Downside Intraday Target | 22.33 |
| Upside Intraday Target | 23.4 |
| Upside Intraday Target | 23.91 |
| Upside Intraday Target | 23.12 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Fri Jan 2025 | 22.89 | 23.19 | 23.63 | 22.84 | 0.715 times |
| 08 Wed Jan 2025 | 23.63 | 23.82 | 23.99 | 23.13 | 0.94 times |
| 03 Fri Jan 2025 | 23.85 | 23.46 | 23.95 | 23.35 | 1.308 times |
| 27 Fri Dec 2024 | 23.69 | 23.52 | 24.06 | 23.38 | 0.339 times |
| 20 Fri Dec 2024 | 23.66 | 24.67 | 24.94 | 22.98 | 1.446 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 Mgic Investment (MTG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 10 Fri Jan 2025 | 22.89 | 23.76 | 23.99 | 22.84 | 0.431 times |
| 31 Tue Dec 2024 | 23.71 | 25.63 | 25.79 | 22.98 | 0.797 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 |
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 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mgic Investment 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 positive zone. This is a BUY 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 23.53 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 negative.
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 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mgic Investment 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 positive zone. This is a BUY 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 23.53 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.