Magic Software (MGIC) Experts Views (BUY SELL) [2024] (MGIC) share price target ["experts views"] BUY/SELL -USA stock exchange

Magic Software MGIC Experts view BUY SELL, share price targets for short, mid, long term 2024 USA stock exchange

USA stock MGIC Magic Software experts views & buy sell levels signals are here. Magic Software forecast & share price targets are here or Magic Software share price targets and MGIC Magic Software tomorrow's movements predictions are here or Announcements & NEWS by Magic Software

Stock listed under Technology

Magic Software share price opened at: 12.31
Magic Software share price closed at: 12.26
Magic Software share price made a High of: 12.48
Magic Software share price made a low of: 12.20

Detailed analysis of what to do in Intraday & BTST tips for Magic Software are here
52 week High of Magic Software: 14.15
52 week Low of Magic Software: 8.15
MGIC is trading in the upper range of yearly prices.

Went as high as 12.97 in the last three months (quarter)
Went as low as 10.24 in the last three months (quarter)
MGIC is trading in the upper range of the quarterly prices.

The session was a bearish session and prices moved within a range of 12.20 and 12.48, with a volume of -45.15% compared to average volume that Magic Software normally has.

The USA share MGIC Magic Software appears to be moving upwards constantly. Keep reading experts views on Magic Software below for shortterm to longterm MGIC share prices targets and buy sell signals, points & levels.

USA MGIC Experts Views Magic Software Buy Sell Signals

There has not been a shortterm trend in the stock lately. An initial buy or sell signal has not been generated yet. However, if a BUY/SELL signal is mentioned below then you can choose to take a trade with a strict stoploss.

USA MGIC Experts Views Magic Software MACD Convergence Divergence

Magic Software fast MACD line is above the slow signal MACD line, and in golden cross zone, positive zone

Both the lines are converging, coming close to each other with a difference of 0.18
Be prepared. A strong SELL signal might be in the making... Bookmark this page & recheck tomorrow.

USA MGIC Magic Software experts views on Support & Resistance

These support and resistance levels of MGIC are derived based on analysis of an entire years daily closing prices. These are all extremely strong levels to watch in Magic Software

Levels to watch:

Magic Software has strong support or resistance at 10, 13
The current share price is 12.26

Magic Software MGIC share price targets

Levels of 11.99, 11.68, 11.37, 11.2, 11.15 are share price targets for Magic Software MGIC Click here for weekly and monthly share price targets

Downside intraday target	11.99
Downside intraday target	11.68
Downside short term target	11.37
Downside mid term target	11.2
Downside long term target	11.15

Experts also view these below mentioned levels as important because Magic Software has been reversing its trend at these levels. These levels below are derived by analysing one year charts of Magic Software

Important support & resistance levels of MGIC are 8.73, 10.33, 10.59, 11.15, 12.37, 13.49. Experts view is that the stock of Magic Software might change its trend at one of these levels.

Whether these targets will be achieved or not will depend on the trend of Magic Software. See the Convergence & Divergence section above to understand the trend of USA share Magic Software. You can also check Future Forecast & Targets for Magic Software or Magic Software share price targets or Tomorrow's predictions for Magic Software

USA share MGIC experts views on candles stick analysis of Magic Software

Daily candle stick experts view of USA share Magic Software

Latest Magic Software candle stick is a bearish candle, with a length of 0.41%
High made is about 1.38% above the opening.
Magic Software share price high is about 237% of the candle stick body.
Magic Software share price Low made is about 0.49% below the closing.
Low share price is about 20% of the candle stick body.

It was a long high and stock showed profit booking at the top levels. Experts view is that longer the high, stronger the profit booking or sell off sentiment was.

The prices did not move up or down by the end of the session. Experts view is that this might be a doji candle stick. Wait, Let me check... Nope, its not a doji. Looks more like an inverted hammer though. Experts view is that a candle stick like this after a good upmove might indicate some profit booking. Check MACD convergence Divergence section above for buy or sell signals

Previous candle stick is a bearish candle, with a length of 1.87%

two candles back candle stick is a bearish candle, with a length of 1.59%

Weekly candle stick experts view of USA share Magic Software

Latest Magic Software candle stick is a bearish candle, with a length of 4.4%
High made is about 1.33% above the opening.
Magic Software share price high is about -70% of the candle stick body.
Magic Software share price Low made is about 0.49% below the closing.
Low share price is about -89% of the candle stick body.

Experts view is that the stock showed immediate selloff from higher levels in this session.

Previous candle stick is a bearish candle, with a length of 1.51%

Two candles back candle stick is a bullish candle, with a length of 0.27%

Monthly candle stick experts view of USA share Magic Software

Experts view is that the stock showed immediate selloff from higher levels in this session.

Previous candle stick is a bullish candle, with a length of 0.09%

two candles back candle stick is a bearish candle, with a length of 6.24%

View charts of Magic Software below

Magic Software share price targets or Magic Software Support & Resistance Levels

Daily Charts of MGIC , Daily candle stick charts of MGIC, Weekly charts of MGIC , Monthly Charts of MGIC , Moving Averages charts of MGIC , MACD charts of MGIC , or Technical analysis Reports of MGIC , or simply read Tomorrow's predictions of MGIC and Future Forecast & share price targets of Magic Software or Magic Software share price targets