MagicSoftware MGIC full analysis,charts,indicators,moving averages,SMA,DMA,EMA,ADX,MACD,RSI
Magic Software MGIC WideScreen charts, DMA,SMA,EMA technical analysis, forecast prediction, by indicators ADX,MACD,RSI,CCI NASDAQ stock exchange
operates under Technology sector & deals in Computer Software Prepackaged Software
Daily price and charts and targets MagicSoftware
Strong Daily Stock price targets for MagicSoftware MGIC are 10.3 and 10.62
Daily Target 1 | 10.24 |
Daily Target 2 | 10.36 |
Daily Target 3 | 10.563333333333 |
Daily Target 4 | 10.68 |
Daily Target 5 | 10.88 |
Daily price and volume Magic Software
Date | Closing | Open | Range | Volume | Fri 06 September 2024 | 10.47 (-2.06%) | 10.77 | 10.45 - 10.77 | 1.1704 times | Thu 05 September 2024 | 10.69 (0.19%) | 10.72 | 10.69 - 10.88 | 0.6642 times | Wed 04 September 2024 | 10.67 (0%) | 10.66 | 10.66 - 10.80 | 0.3932 times | Tue 03 September 2024 | 10.67 (-1.66%) | 10.88 | 10.61 - 10.88 | 1.545 times | Fri 30 August 2024 | 10.85 (0%) | 10.78 | 10.78 - 10.92 | 1.0624 times | Fri 30 August 2024 | 10.85 (0.46%) | 10.78 | 10.78 - 10.92 | 1.0624 times | Thu 29 August 2024 | 10.80 (0.28%) | 10.82 | 10.77 - 10.90 | 0.9037 times | Wed 28 August 2024 | 10.77 (0.37%) | 10.78 | 10.75 - 10.87 | 0.7069 times | Tue 27 August 2024 | 10.73 (0.09%) | 10.73 | 10.65 - 10.80 | 1.7956 times | Mon 26 August 2024 | 10.72 (0%) | 10.73 | 10.61 - 10.79 | 0.6963 times | Fri 23 August 2024 | 10.72 (1.61%) | 10.60 | 10.57 - 10.75 | 0.7704 times |
Weekly price and charts MagicSoftware
Strong weekly Stock price targets for MagicSoftware MGIC are 10.25 and 10.68
Weekly Target 1 | 10.17 |
Weekly Target 2 | 10.32 |
Weekly Target 3 | 10.6 |
Weekly Target 4 | 10.75 |
Weekly Target 5 | 11.03 |
Weekly price and volumes for Magic Software
Date | Closing | Open | Range | Volume | Fri 06 September 2024 | 10.47 (-3.5%) | 10.88 | 10.45 - 10.88 | 0.8346 times | Fri 30 August 2024 | 10.85 (0%) | 10.78 | 10.78 - 10.92 | 0.235 times | Fri 30 August 2024 | 10.85 (1.21%) | 10.73 | 10.61 - 10.92 | 1.1426 times | Fri 23 August 2024 | 10.72 (2.98%) | 10.48 | 10.43 - 10.89 | 0.8296 times | Fri 16 August 2024 | 10.41 (0.97%) | 10.25 | 10.01 - 10.49 | 0.9579 times | Fri 09 August 2024 | 10.31 (-2.46%) | 9.92 | 9.64 - 10.44 | 1.4612 times | Fri 02 August 2024 | 10.57 (-9.5%) | 11.32 | 10.48 - 11.32 | 1.2816 times | Fri 26 July 2024 | 11.68 (5.42%) | 11.19 | 11.19 - 11.82 | 0.8682 times | Fri 19 July 2024 | 11.08 (0.54%) | 10.97 | 10.76 - 11.35 | 1.2104 times | Fri 12 July 2024 | 11.02 (5.76%) | 10.73 | 10.45 - 11.06 | 1.1789 times | Fri 05 July 2024 | 10.42 (3.27%) | 10.12 | 10.02 - 10.47 | 0.3329 times |
Monthly price and charts MagicSoftware
Strong monthly Stock price targets for MagicSoftware MGIC are 10.25 and 10.68
Monthly Target 1 | 10.17 |
Monthly Target 2 | 10.32 |
Monthly Target 3 | 10.6 |
Monthly Target 4 | 10.75 |
Monthly Target 5 | 11.03 |
Monthly price and volumes Magic Software
Date | Closing | Open | Range | Volume | Fri 06 September 2024 | 10.47 (-3.5%) | 10.88 | 10.45 - 10.88 | 0.1609 times | Fri 30 August 2024 | 10.85 (0.65%) | 10.69 | 9.64 - 10.92 | 0.9735 times | Wed 31 July 2024 | 10.78 (11.94%) | 9.80 | 9.80 - 11.82 | 0.9539 times | Fri 28 June 2024 | 9.63 (-9.41%) | 10.73 | 9.51 - 10.84 | 0.8588 times | Fri 31 May 2024 | 10.63 (-9.99%) | 11.77 | 10.36 - 12.99 | 1.0355 times | Tue 30 April 2024 | 11.81 (3.14%) | 11.85 | 11.32 - 12.27 | 1.2018 times | Thu 28 March 2024 | 11.45 (2.51%) | 11.21 | 10.42 - 12.55 | 1.3516 times | Thu 29 February 2024 | 11.17 (11.81%) | 10.05 | 9.94 - 11.34 | 0.8635 times | Wed 31 January 2024 | 9.99 (3.1%) | 9.64 | 9.38 - 10.86 | 1.3675 times | Fri 29 December 2023 | 9.69 (5.67%) | 9.28 | 9.00 - 10.52 | 1.2331 times | Thu 30 November 2023 | 9.17 (-8.48%) | 10.26 | 8.15 - 10.64 | 0.9571 times |
Indicator Analysis of MagicSoftware
Tomorrow's movement Prediction of Magic Software MGIC appears to be in uptrend. But this trend seems to be weakening.
Price is below an important level of 10.66 on charts, and if price remains below this level, then stock might show a fall in short term.
Tomorrow's movement Prediction of Magic Software MGIC appears to be moving in a flat line. Not much is happening in the stock trend.
Tomorrow's movement Prediction of Magic Software MGIC appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.
Tomorrow's movement Prediction of Magic Software MGIC is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 10.82
Munafa value: 25 as on Fri 06 September 2024
If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.
If the Munafa value is near 50, then the stock might show a sideways movement.
SMA20 is at 11 and price is deviating by 1 points
Upper Bollinger band is at 12 and lower is at 11, while middle bands are at 11 and 11
Price is coming down
Price is below 20day SMA
Price is in upper range of bands
Price action analysis of MagicSoftware (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.
ADX buy sell signal for MagicSoftware stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for MagicSoftware in short term but the sell signal is initial and weak.
MagicSoftware Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 MagicSoftware 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 MagicSoftware is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.72 and MagicSoftware 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 MagicSoftware MGIC stock. Volume based technical analysis of MagicSoftware MGIC stock is negative.
MagicSoftware 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.
DMA SMA EMA moving averages of Magic Software MGIC
DMA (daily moving average) of Magic Software MGIC
DMA period | DMA value |
5 day DMA | 10.67 |
12 day DMA | 10.71 |
20 day DMA | 10.6 |
35 day DMA | 10.69 |
50 day DMA | 10.68 |
100 day DMA | 10.89 |
150 day DMA | 11.05 |
200 day DMA | 10.77 |
EMA (exponential moving average) of Magic Software MGIC
EMA period | EMA current | EMA prev | EMA prev2 |
5 day EMA | 10.64 | 10.72 | 10.73 |
12 day EMA | 10.66 | 10.7 | 10.7 |
20 day EMA | 10.64 | 10.66 | 10.66 |
35 day EMA | 10.62 | 10.63 | 10.63 |
50 day EMA | 10.6 | 10.61 | 10.61 |
SMA (simple moving average) of Magic Software MGIC
SMA period | SMA current | SMA prev | SMA prev2 |
5 day SMA | 10.67 | 10.75 | 10.77 |
12 day SMA | 10.71 | 10.72 | 10.73 |
20 day SMA | 10.6 | 10.59 | 10.57 |
35 day SMA | 10.69 | 10.71 | 10.72 |
50 day SMA | 10.68 | 10.67 | 10.65 |
100 day SMA | 10.89 | 10.9 | 10.91 |
150 day SMA | 11.05 | 11.05 | 11.04 |
200 day SMA | 10.77 | 10.76 | 10.76 |
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