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MGIC NEWS why is Magic Software Enterprises Ltd. price falling or rising

MGIC NEWS reasons for why stock price of Magic Software Enterprises Ltd. is falling or rising

MGIC Magic Software is falling or rising technical reasons

Technical analysis forecast of Magic Software Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Magic Software MGIC at this time. Stock is rising and might rise more.

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

Stock of Magic Software (MGIC) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Magic Software is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Magic Software stays above 26.8, but if it comes below 26.8, then a intra day sell could be more profitable.
If you take a sell trade below 26.8, then use 26.8 as stoploss and 26.16 as target. However if you take a buy trade in Magic Software, then use 26.8 as stoploss and 27.6 as target.

MGIC Magic Software is falling or rising NEWS fundamental reasons

More announcements and NEWS

MGIC Magic Software Enterprises Ltd. current price & indicator signals

Moving Averages for Magic Software Enterprises Ltd.

  • 5Day Average: 26.66
  • 12Day Average: 26.53
  • 20Day Average: 26.43
  • 50Day Average: 24.23
  • 100Day Average: 22.18
  • 150Day Average: 21.22
  • 200Day Average: 19.43

MGIC Indicators & signals

Indicator MACD (12,26,9)

26.54, 25.82, 0.78
Indicator MACD is in positive zone

Indicator ADX (14)

9.52, 28.05, 23.17
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 57
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
07 Wed Jan 2026 27.17 27.03 to 27.31 0.11% 0.61 times
06 Tue Jan 2026 27.14 26.61 to 27.25 -0.22% 1.22 times
05 Mon Jan 2026 27.20 26.87 to 27.31 4.41% 2.01 times
02 Fri Jan 2026 26.05 25.69 to 26.36 1.17% 0.89 times
31 Wed Dec 2025 25.75 25.57 to 26.19 -2.31% 0.66 times
30 Tue Dec 2025 26.36 26.05 to 26.52 -0.6% 0.86 times
29 Mon Dec 2025 26.52 26.33 to 26.95 1.03% 0.72 times
26 Fri Dec 2025 26.25 26.25 to 26.77 -2.78% 1 times
24 Wed Dec 2025 27.00 26.76 to 27.17 1.93% 0.65 times
23 Tue Dec 2025 26.49 26.40 to 26.76 1.57% 1.24 times
22 Mon Dec 2025 26.08 25.89 to 26.55 -0.8% 0.75 times
19 Fri Dec 2025 26.29 25.12 to 26.36 6.65% 2.49 times

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MGIC NEWS why is Magic Software Enterprises Ltd. price falling or rising

 

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