Munafa Magic Software Enterprises Ltd. (MGIC) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Munafa Magic Software Enterprises Ltd. (MGIC) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow Magic Software Enterprises Ltd. intraday tips for today and tomorrow

Magic Software Enterprises Ltd. (MGIC) Indicator analysis

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

Magic Software MGIC intraday stock tips

19 Friday July Stock tips for Magic Software (MGIC) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Magic Software MGIC gave a large move recently.

My analysis of Magic Software is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 11.2 as stoploss in an intra day sell trade for a target of 10.7. However, stock will show a bullish move above 11.2.

18 Thursday July Stock tips for Magic Software (MGIC) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Magic Software MGIC gave a large move recently.

My analysis of Magic Software is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Magic Software stays above 11.2, but if it comes below 11.2, then a intra day sell could be more profitable.
If you take a sell trade below 11.2, then use 11.2 as stoploss and 10.66 as target. However if you take a buy trade in Magic Software, then use 11.2 as stoploss and 11.8 as target.

17 Wednesday July Stock tips for Magic Software (MGIC) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Magic Software MGIC gave a large move recently.

My analysis of Magic Software is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Magic Software stays above 11.1, but if it comes below 11.1, then a intra day sell could be more profitable.
If you take a sell trade below 11.1, then use 11.1 as stoploss and 10.6 as target. However if you take a buy trade in Magic Software, then use 11.1 as stoploss and 11.6 as target.

16 Tuesday July Stock tips for Magic Software (MGIC) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Magic Software MGIC gave a large move recently.

My analysis of Magic Software is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Magic Software stays above 11, but if it comes below 11, then a intra day sell could be more profitable.
If you take a sell trade below 11, then use 11 as stoploss and 10.54 as target. However if you take a buy trade in Magic Software, then use 11 as stoploss and 11.5 as target.

15 Monday July Stock tips for Magic Software (MGIC) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Magic Software MGIC gave a large move recently.

My analysis of Magic Software is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 10.9 as stoploss in an intra day sell trade for a target of 10.48. However, stock will show a bullish move above 10.9.

12 Friday July Stock tips for Magic Software (MGIC) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Magic Software MGIC gave a large move recently.

My analysis of Magic Software is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Magic Software stays above 10.8, but if it comes below 10.8, then a intra day sell could be more profitable.
If you take a sell trade below 10.8, then use 10.8 as stoploss and 10.45 as target. However if you take a buy trade in Magic Software, then use 10.8 as stoploss and 11.3 as target.

11 Thursday July Stock tips for Magic Software (MGIC) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Magic Software MGIC gave a large move recently.

My analysis of Magic Software is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Magic Software stays above 10.8, but if it comes below 10.8, then a intra day sell could be more profitable.
If you take a sell trade below 10.8, then use 10.8 as stoploss and 10.39 as target. However if you take a buy trade in Magic Software, then use 10.8 as stoploss and 11.2 as target.

Magic Software MGIC tips for tomorrow

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: 35

 Munafa value: 35

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.

Quick Charts:   Renko   Point & Figure   Just IntraDay   All Indicators   Weekly   Monthly   All in One   Eagle View   MACD & ADX

 Quick Charts: 
   Renko  
   Point & Figure  
   Just IntraDay  
   All Indicators  
   Weekly 
   Monthly 
   All in One  
   Eagle View  
   MACD & ADX
Munafa Magic Software Enterprises Ltd. (MGIC) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Videos related to: Munafa Magic Software Enterprises Ltd. (MGIC) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

 Videos related to: Munafa Magic Software Enterprises Ltd. (MGIC) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Hindi Video Correct Way Of Fundamental Analysis Using EPS And PE - MunafaSutra

English Video Unique Way To Perfect Your Candle Stick Technical Analysis

Munafa Magic Software Enterprises Ltd. (MGIC) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

 

Back to top