RSI & MRSI charts Magic Software Enterprises Ltd. MGIC share USA Stock Exchange

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

Daily Support: 12.09
Daily Resistance: 12.37
5 Day Moving Average is 12.51
20 Day Moving Average is 12.03

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

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

Date	Change	Open	Close	High	Low	Volume
Fri 13 Dec 2024	-0.33%	12.31	12.26	12.48	12.20	-48.66%
Thu 12 Dec 2024	-2.46%	12.53	12.30	12.65	12.30	-55.04%
Wed 11 Dec 2024	0.8%	12.81	12.61	12.81	12.52	42.47%
Tue 10 Dec 2024	-2.72%	12.82	12.51	12.82	12.35	-22.07%
Mon 09 Dec 2024	14.41%	12.80	12.86	12.97	12.78	51.26%
Tue 26 Nov 2024	0%	11.41	11.24	11.44	11.12	-69.24%
Tue 26 Nov 2024	-1.92%	11.41	11.24	11.44	11.12	-69.24%
Mon 25 Nov 2024	4.28%	11.21	11.46	11.50	11.20	-11.89%
Fri 22 Nov 2024	0%	11.08	10.99	11.08	10.93	-71%
Thu 21 Nov 2024	0.64%	10.96	10.99	11.12	10.83	-59.35%

RSI & MunafaSutra RSI of Magic Software Enterprises Ltd. MGIC USA

RSI & MRSI settings:

RSI & MRSI MunafaSutra trademark Charts

RSI is the Relative Strength Index and gives signals like over-bought, over-sold, and bullish or bearish divergences. Only the first setting above affects RSI.

MRSI is a MunafaSutra developed formula to measure the strength of bullish or bearish momentum. It gives clear indication if the trend is slowing down, or gaining momentum.

MRSI also gives buy and sell signals, shows divergences, information about over-bought or over-sold status, and trend direction of the stock. Both the settings above affect MRSI charts.