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Magic Software (MGIC) Technical (Analysis) Reports Magic Software ["Technical Analysis"] Reports -USA Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Magic Software (MGIC)
Technical Analysis Report for USA stock MGIC Magic Software. Dated: 08 Jan 2026 Updated Daily. Stock trades under Technology Deals in Computer Software Prepackaged Software in USA stock exchange
If you are looking for Tomorrow's Movement Predictions for USA stock MGIC Magic Software then click here. or read Experts views on Magic Software or Forecast & share price targets of Magic Software
Magic Software Opened at 26.91 and Closed at: 26.89, which is -1.04% of previous session's close. It moved within a range of 26.77 and 27.10
The session was a Bearish session with an average volume of 17100, which is 0% of previous session's volumes.
- Even though the stock has fallen, but its short term trend is positive and in an uptrend.
- Even though the stock has fallen, but its mid term trend is positive and in an uptrend.
- Even though the stock has fallen, but its long term trend is positive and in an uptrend.
A Golden cross was found 4 days back on short term averages
A Dead cross was found 5 days back on short term averages
Support for tomorrow is 26.67 and resistance for tomorrow is 27
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 26.74, 26.59 resistance for tomorrow's hourly charts is 27.07, 27.25
10 Day SMA for Magic Software (MGIC) is 26.63 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Magic Software (MGIC) is 26.51 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Magic Software (MGIC) is 24.35 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 22.25 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Magic Software is 19.5 and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Magic Software is at 26.51 and 200 DMA is at 19.5, while 50 DMA and 100 DMA are at 24.35 and 22.25 respectively
Magic Software (MGIC) moving average of 20 SMA is at 26.51 and 20 EMA is at 26.23
| Date | Closing Price | 20 SMA | 20 EMA |
| 08 Thu Jan | 26.89 | 26.51 | 26.23 |
| 07 Wed Jan | 27.17 | 26.43 | 26.16 |
| 06 Tue Jan | 27.14 | 26.35 | 26.05 |
| 05 Mon Jan | 27.20 | 26.25 | 25.93 |
| 02 Fri Jan | 26.05 | 26.15 | 25.8 |
| 31 Wed Dec | 25.75 | 26.08 | 25.77 |
Magic Software (MGIC) moving average of 50 SMA is at 24.35 and 50 EMA is at 24.67
| Date | Closing Price | 50 SMA | 50 EMA |
| 08 Thu Jan | 26.89 | 24.35 | 24.67 |
| 07 Wed Jan | 27.17 | 24.23 | 24.58 |
| 06 Tue Jan | 27.14 | 24.09 | 24.47 |
| 05 Mon Jan | 27.20 | 23.95 | 24.36 |
| 02 Fri Jan | 26.05 | 23.8 | 24.24 |
| 31 Wed Dec | 25.75 | 23.67 | 24.17 |
Magic Software (MGIC) moving average of 100 SMA is at 22.25 and 100 EMA is at 22.8
| Date | Closing Price | 100 SMA | 100 EMA |
| 08 Thu Jan | 26.89 | 22.25 | 22.8 |
| 07 Wed Jan | 27.17 | 22.18 | 22.72 |
| 06 Tue Jan | 27.14 | 22.12 | 22.63 |
| 05 Mon Jan | 27.20 | 22.05 | 22.54 |
| 02 Fri Jan | 26.05 | 21.98 | 22.45 |
| 31 Wed Dec | 25.75 | 21.91 | 22.38 |
Magic Software (MGIC) moving average of 200 SMA is at 19.5 and 200 EMA is at 20.2
| Date | Closing Price | 200 SMA | 200 EMA |
| 08 Thu Jan | 26.89 | 19.5 | 20.2 |
| 07 Wed Jan | 27.17 | 19.43 | 20.13 |
| 06 Tue Jan | 27.14 | 19.36 | 20.06 |
| 05 Mon Jan | 27.20 | 19.3 | 19.99 |
| 02 Fri Jan | 26.05 | 19.23 | 19.92 |
| 31 Wed Dec | 25.75 | 19.17 | 19.86 |
Magic Software has performed better than Liveramp Holdings in short term. Holding Magic Software could be a better choice for now!
Magic Software has performed better than Motorola Solutions in short term. Holding Magic Software could be a better choice for now!
Magic Software has performed better than Hubspot Inc in short term. Holding Magic Software could be a better choice for now!
Magic Software has performed better than Eaton Corporation in short term. Holding Magic Software could be a better choice for now!
Epam Systems has performed better than Magic Software in short term. You could have earned much better returns by investing in Epam Systems, about 0.19% more returns!
Magic Software has performed better than Celestica Inc in short term. Holding Magic Software could be a better choice for now!
Asgn Incorporated has performed better than Magic Software in short term. You could have earned much better returns by investing in Asgn Incorporated, about 4.99% more returns!
Magic Software has performed better than Arista Networks in short term. Holding Magic Software could be a better choice for now!
Magic Software has performed better than Energous Corporation in short term. Holding Magic Software could be a better choice for now!
Silicon Motion has performed better than Magic Software in short term. You could have earned much better returns by investing in Silicon Motion, about 12.37% more returns!
Magic Software has performed better than Maxlinear Inc in short term. Holding Magic Software could be a better choice for now!
Magic Software has performed better than Liveperson Inc in short term. Holding Magic Software could be a better choice for now!
Innovative Solutions has performed better than Magic Software in short term. You could have earned much better returns by investing in Innovative Solutions, about 68.04% more returns!
Magic Software has performed better than Intel Corporation in short term. Holding Magic Software could be a better choice for now!
Gds Holdings has performed better than Magic Software in short term. You could have earned much better returns by investing in Gds Holdings, about 11.62% more returns!
F5 Networks has performed better than Magic Software in short term. You could have earned much better returns by investing in F5 Networks, about 0.77% more returns!
Magic Software has performed better than Blackline Inc in short term. Holding Magic Software could be a better choice for now!
Magic Software has performed better than Aci Worldwide in short term. Holding Magic Software could be a better choice for now!
Magic Software Technical analysis of indicators
Price action analysis of Magic Software (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 Magic Software stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Magic Software in short term but the sell signal is initial and weak.
Magic Software 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 Magic Software in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Magic Software is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 26.71 and Magic Software 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 Magic Software MGIC stock. Volume based technical analysis of Magic Software MGIC stock is negative.
Magic Software 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.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for USA stock MGIC Magic Software These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And MGIC Experts View which covers a lot of information including buying and selling signals
MGIC future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Magic Software or View Candle Stick Charts here
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