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 10.93 and 11.22

Daily Target 1	10.87
Daily Target 2	10.98
Daily Target 3	11.163333333333
Daily Target 4	11.27
Daily Target 5	11.45

Daily price and volume Magic Software

Date	Closing	Open	Range	Volume
Fri 19 July 2024	11.08 (-1.51%)	11.35	11.06 - 11.35	0.7466 times
Thu 18 July 2024	11.25 (0.9%)	11.17	11.17 - 11.28	0.7779 times
Wed 17 July 2024	11.15 (0.36%)	11.12	11.04 - 11.20	1.0177 times
Tue 16 July 2024	11.11 (2.78%)	10.90	10.89 - 11.20	1.0326 times
Mon 15 July 2024	10.81 (-1.91%)	10.97	10.76 - 11.09	1.4912 times
Fri 12 July 2024	11.02 (1.1%)	10.96	10.91 - 11.06	0.8347 times
Thu 11 July 2024	10.90 (3.61%)	10.80	10.75 - 10.96	0.9288 times
Wed 10 July 2024	10.52 (-0.94%)	10.65	10.45 - 10.68	0.9895 times
Tue 09 July 2024	10.62 (-1.67%)	10.81	10.60 - 10.81	0.8818 times
Mon 08 July 2024	10.80 (3.65%)	10.73	10.59 - 10.86	1.2991 times
Fri 05 July 2024	10.42 (3.27%)	10.11	10.11 - 10.47	1.0366 times

Daily chart MagicSoftware

Weekly price and charts MagicSoftware

Strong weekly Stock price targets for MagicSoftware MGIC are 10.92 and 11.51

Weekly Target 1	10.47
Weekly Target 2	10.78
Weekly Target 3	11.063333333333
Weekly Target 4	11.37
Weekly Target 5	11.65

Weekly price and volumes for Magic Software

Date	Closing	Open	Range	Volume
Fri 19 July 2024	11.08 (0.54%)	10.97	10.76 - 11.35	1.4288 times
Fri 12 July 2024	11.02 (5.76%)	10.73	10.45 - 11.06	1.3916 times
Fri 05 July 2024	10.42 (3.27%)	10.12	10.02 - 10.47	0.3929 times
Wed 03 July 2024	10.09 (4.78%)	9.80	9.80 - 10.19	0.5864 times
Fri 28 June 2024	9.63 (-4.65%)	10.10	9.51 - 10.29	1.2562 times
Fri 21 June 2024	10.10 (-0.49%)	10.45	9.92 - 10.45	1.3993 times
Tue 18 June 2024	10.15 (-5.14%)	10.64	10.14 - 10.64	0.5842 times
Fri 14 June 2024	10.70 (3.78%)	10.27	10.14 - 10.84	0.7654 times
Fri 07 June 2024	10.31 (-3.01%)	10.73	10.27 - 10.81	1.2518 times
Fri 31 May 2024	10.63 (-0.09%)	10.58	10.54 - 11.06	0.9434 times
Fri 24 May 2024	10.64 (-10.44%)	11.47	10.36 - 11.53	1.8667 times

weekly chart MagicSoftware

Monthly price and charts MagicSoftware

Strong monthly Stock price targets for MagicSoftware MGIC are 10.44 and 11.99

Monthly Target 1	9.19
Monthly Target 2	10.14
Monthly Target 3	10.743333333333
Monthly Target 4	11.69
Monthly Target 5	12.29

Monthly price and volumes Magic Software

Date	Closing	Open	Range	Volume
Fri 19 July 2024	11.08 (15.06%)	9.80	9.80 - 11.35	0.6034 times
Fri 28 June 2024	9.63 (-9.41%)	10.73	9.51 - 10.84	0.8348 times
Fri 31 May 2024	10.63 (-9.99%)	11.77	10.36 - 12.99	1.0066 times
Tue 30 April 2024	11.81 (3.14%)	11.85	11.32 - 12.27	1.1683 times
Thu 28 March 2024	11.45 (2.51%)	11.21	10.42 - 12.55	1.3139 times
Thu 29 February 2024	11.17 (11.81%)	10.05	9.94 - 11.34	0.8394 times
Wed 31 January 2024	9.99 (3.1%)	9.64	9.38 - 10.86	1.3294 times
Fri 29 December 2023	9.69 (5.67%)	9.28	9.00 - 10.52	1.1987 times
Thu 30 November 2023	9.17 (-8.48%)	10.26	8.15 - 10.64	0.9305 times
Tue 31 October 2023	10.02 (-11.25%)	11.26	9.50 - 11.66	0.7749 times
Fri 29 September 2023	11.29 (-2.42%)	11.52	10.78 - 11.94	0.3335 times

monthly chart MagicSoftware

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 above an important level of 10.84 on charts, and as long as price remains above this level, the uptrend of stock might continue.

Tomorrow's movement Prediction of Magic Software MGIC made a big move recently. This generally happens when there is a positive sentiment change, or a block deal went through. There is a good chance that this trend might continue in coming days.

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.

Munafa value: 50 as on Fri 19 July 2024

This Munafa value indicates that the stock is moving sideways and there is no definite momentum in the stock.

SMA20 is at 11 and price is deviating by 1 points

Upper Bollinger band is at 12 and lower is at 10, while middle bands are at 10 and 11

Price is coming down

Price is above 20day SMA

Price is in upper range of bands

Price action analysis of MagicSoftware (MGIC) based on a short 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 MagicSoftware stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for MagicSoftware in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

MagicSoftware Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 MagicSoftware in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of MagicSoftware is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.91 and MagicSoftware MGIC stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the MagicSoftware MGIC stock. Volume based technical analysis of MagicSoftware MGIC stock is negative.

MagicSoftware 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.

DMA SMA EMA moving averages of Magic Software MGIC

DMA (daily moving average) of Magic Software MGIC

DMA period	DMA value
5 day DMA	11.08
12 day DMA	10.81
20 day DMA	10.46
35 day DMA	10.46
50 day DMA	10.73
100 day DMA	11.19
150 day DMA	10.92
200 day DMA	10.59

EMA (exponential moving average) of Magic Software MGIC

EMA period	EMA current	EMA prev	EMA prev2
5 day EMA	11.07	11.06	10.97
12 day EMA	10.84	10.8	10.72
20 day EMA	10.73	10.69	10.63
35 day EMA	10.78	10.76	10.73
50 day EMA	10.89	10.88	10.87

SMA (simple moving average) of Magic Software MGIC

SMA period	SMA current	SMA prev	SMA prev2
5 day SMA	11.08	11.07	11
12 day SMA	10.81	10.73	10.64
20 day SMA	10.46	10.41	10.36
35 day SMA	10.46	10.45	10.43
50 day SMA	10.73	10.76	10.79
100 day SMA	11.19	11.19	11.19
150 day SMA	10.92	10.91	10.9
200 day SMA	10.59	10.59	10.59