Magic Software Enterprises Ltd. MGIC Support Resistance charts Magic Software Enterprises Ltd. MGIC NASDAQ

Stock MGIC - Share Magic Software Enterprises Ltd. trades in NASDAQ under Technology Deals in Computer Software Prepackaged Software

Daily Support: 10.93
Daily Resistance: 11.22

Short term support and resistance levels are 11.08 and 10.46
The support & resistance points are valid for intra day trading.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Moving Averages for Magic Software Enterprises Ltd.

5Day Average: 11.08
12Day Average: 10.81
20Day Average: 10.46
50Day Average: 10.73
100Day Average: 11.19
150Day Average: 10.92
200Day Average: 10.59

MGIC Indicators & signals

Indicator MACD (12,26,9)

10.84, 10.68, 0.04
Indicator MACD is in positive zone

Indicator ADX (14)

0, 25, 25
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MGIC Magic Software Enterprises Ltd. are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
19 Fri Jul 2024	11.08	11.06 to 11.35	-1.51%	0.73 times
18 Thu Jul 2024	11.25	11.17 to 11.28	0.9%	0.76 times
17 Wed Jul 2024	11.15	11.04 to 11.20	0.36%	0.99 times
16 Tue Jul 2024	11.11	10.89 to 11.20	2.78%	1 times
15 Mon Jul 2024	10.81	10.76 to 11.09	-1.91%	1.45 times
12 Fri Jul 2024	11.02	10.91 to 11.06	1.1%	0.81 times
11 Thu Jul 2024	10.90	10.75 to 10.96	3.61%	0.9 times
10 Wed Jul 2024	10.52	10.45 to 10.68	-0.94%	0.96 times
09 Tue Jul 2024	10.62	10.60 to 10.81	-1.67%	0.86 times
08 Mon Jul 2024	10.80	10.59 to 10.86	3.65%	1.26 times
05 Fri Jul 2024	10.42	10.11 to 10.47	3.27%	1.01 times
03 Wed Jul 2024	10.09	10.02 to 10.19	0%	0.35 times