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USA Stock MGIC Historical charts - Magic Software Enterprises Ltd.

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

Moving Averages for

  • 5Day Average: 18.2
  • 12Day Average: 19.64
  • 20Day Average: 21.91
  • 50Day Average: 24.79
  • 100Day Average: 23.42
  • 150Day Average: 22.33

MGIC Indicators & signals

Indicator MACD (12,26,9)

19.77, 21.88, -1.78
Indicator MACD is in negative zone

Indicator ADX (14)

46.99, 18.03, 50
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 38
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of MGIC are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Mon Feb 2026 17.38 17.25 to 18.29 -10.41% 3.01 times
20 Fri Feb 2026 19.40 18.63 to 19.58 1.78% 1.85 times
19 Thu Feb 2026 19.06 18.23 to 19.06 7.02% 0.82 times
18 Wed Feb 2026 17.81 17.47 to 18.04 2.65% 0.76 times
17 Tue Feb 2026 17.35 17.06 to 18.49 -8.2% 2.59 times
13 Fri Feb 2026 18.90 18.73 to 19.16 0% 0.58 times
13 Fri Feb 2026 18.90 18.73 to 19.16 -1.05% 0.58 times
12 Thu Feb 2026 19.10 18.62 to 19.99 -5.16% 0.91 times
11 Wed Feb 2026 20.14 19.87 to 20.92 -13.89% 0.92 times
10 Tue Feb 2026 23.39 22.86 to 23.40 4.19% 0.38 times
09 Mon Feb 2026 22.45 22.05 to 22.59 2.75% 0.61 times
06 Fri Feb 2026 21.85 21.59 to 22.28 1.02% 0.39 times

Technical analysis forecast for MGIC Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT MGIC MGIC at this time. Stock is falling and might fall more.

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

Stock of MGIC (MGIC) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of MGIC is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if MGIC stays below 17.7, but if it comes above 17.7, then a intra day buy could be more profitable.
If you take a sell trade below 17.7, then use 17.7 as stoploss and 13.7 as target. However if you take a buy trade in MGIC, then use 17.7 as stoploss and 21.14 as target.

Tomorrow's movement Prediction of MGIC is showing signs of weakness. Either there is a negative sentiment following this stock or an Elephant sold off here.

Tomorrow's movement Prediction of MGIC looks Bearish... There has been some negative changes in this stock and it appears that this sentiment can continue tomorrow.

Tomorrow's movement Prediction of MGIC is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 18.23

Tomorrow's movement Prediction of MGIC looks bearish. It has broken an important support level of 18 with high volumes

Munafa value: 10

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.

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USA Stock MGIC Historical charts - Share Magic Software Enterprises Ltd.

 

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