Magic Software Enterprises Ltd. MGIC Support Resistance charts Magic Software Enterprises Ltd. MGIC USA

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

Daily Support: 10.29
Daily Resistance: 10.52

Short term support and resistance levels are 11.04 and 11.87
The support & resistance points are valid for intra day trading.

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

Moving Averages for Magic Software Enterprises Ltd.

5Day Average: 11.04
12Day Average: 11.83
20Day Average: 11.87
50Day Average: 11.81
100Day Average: 11.19
150Day Average: 10.61
200Day Average: 10.79

MGIC Indicators & signals

Indicator MACD (12,26,9)

11.47, 11.69, 0
Indicator MACD is in negative zone

Indicator ADX (14)

44, 20, 51.43
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
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
23 Thu May 2024	10.44	10.36 to 10.59	-1.23%	0.54 times
22 Wed May 2024	10.57	10.36 to 10.77	-2.4%	1.18 times
21 Tue May 2024	10.83	10.82 to 11.33	-5.5%	1.65 times
20 Mon May 2024	11.46	11.42 to 11.53	-3.54%	1.02 times
17 Fri May 2024	11.88	11.48 to 11.88	1.45%	0.65 times
16 Thu May 2024	11.71	11.63 to 12.89	-9.01%	1.57 times
15 Wed May 2024	12.87	12.78 to 12.99	3.21%	1.66 times
14 Tue May 2024	12.47	12.36 to 12.49	0.48%	0.56 times
13 Mon May 2024	12.41	12.40 to 12.50	0.08%	0.96 times
10 Fri May 2024	12.40	12.36 to 12.50	-0.24%	0.35 times
09 Thu May 2024	12.43	12.37 to 12.51	-0.08%	0.4 times
08 Wed May 2024	12.44	12.20 to 12.44	1.22%	0.54 times